251 Bank Street Fall River, MA ^$ 669,000

251 Bank Street

^$ 669,000

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251 Bank Street

Fall River, MA, 02720

^$ 669,000

Studio Baths0.0

Monthly Estimate*

^$ 4,673

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Studio

Commercial Property for sale in Fall River, MA

for $669,000. This building was built in 1836 on a lot size of 0.11.

Explore an exceptional investment opportunity in the vibrant heart of Fall River. This prime mixed-use property features SEVEN units, presenting a potential monthly income exceeding $7,000. The building offers versatile spaces tailored for various uses. The ground floor can function as a compact office alongside a spacious 3-bedroom apartment, or be configured into a larger office setting. The second floor houses a studio apartment and two 1-bedroom apartments. The lower level includes an office and a 2-bedroom apartment, complemented by off-street parking for approx six cars. The walk-up attic offers potential for future development. This property has undergone several recent updates, new heating system, fresh interior paint, a couple units updated with new kitchens, bathrooms, and flooring. Strategically located within walking distance of local amenities and just minutes from upcoming commuter rail station, this property ensures residents quick and easy access to neighboring cities.

Commercial Active

Price

^$ 669,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,906

Style

5+ Residential

Lot Size

0.11

Year Built

1836

Town/City

Fall River

County/Region

Bristol

MLS | Web ID

73230814

List By

Talib Hussain

Listing Agent

Keller Williams Elite

Broker

Affordability Calculator

$5,415

Per Month

Monthly Principal & Interest: $4,673
Monthly Property Taxes: $742
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Commerical listings in Fall River, MA

Average List Price ^$1,048,500

Percent of Sale Price 57%

About Fall River, MA

89,158 Population

-3% Since 2002

^$38,123 Median Income

39.81 Median Age

26% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
5/1/2024	$669,000		Listed Price

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251 Bank Street, Fall River, MA, 02720 is a Commercial Property for sale at $669,000 with a lot size of 0.11. 251 Bank Street is a studio with 0.0 baths and was built in 1836. The property's zip code is 02720 which is in Fall River, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 5/18/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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251 Bank Street

Commercial Property for sale in Fall River, MA

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