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Address
289 Bank Street, Fall River, MA
Price
$ 435,000
Property Attributes
  • MLS#73201042
  • TypeMulti-Family
  • CountyBRISTOL
  • CityFall River
  • Zip02720
  • Style5+ Family - 5+ Units Up/Down
  • Year Built1920
  • Taxes$ 4927
  • Price$ 435,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4829
  • Lot Size7,841 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Welcome to 289 Bank Street! This expansive mixed-use property, strategically positioned at the corner of Bank St and High St in Historic downtown Fall River, presents a compelling investment opportunity. Having undergone a comprehensive exterior rehabilitation, the property boasts new vinyl siding, windows, roof, and exquisite stone work. The second and third floors feature sliders leading to walkout areas, offering the possibility of creating scenic decks with captivating views of downtown Fall River. Ideally suited for professional offices or up to 8 residential units, the versatile layout accommodates various potential uses. Totaling 4,800 sqft, this property beckons with unlimited potential. Seize the chance to be part of Fall River's flourishing growth. The location, coupled with the recent enhancements, positions this property as an excellent prospect for astute investors. Additionally, the seller owns nearby properties, allowing for consideration of a lucrative package deal.

Price History
2/9/2024 Listed $435,000

General Features

Sewer Public Sewer
Roof Shingle
Exterior Features Stone Wall
Zoning A-3
Construction Materials Frame
Year Built 1920
Property SubType 5+ Family - 5+ Units Up/Down
Tax Year 2023
County Bristol
Property Type Residential Income
Garage Y/N No
Total Rooms 12
Status Active
Directions Corner of Bank St and High St
City Fall River
Disclosures Interior full rehab needed. As-Is/Where-Is sale. Seller to provide easement for driveway access. Listing agent makes no representations nor warranties. Buyer/Buyer agents due your own due diligence.
Senior Community Y/N No
Total Units 5
Lot Size Square Feet 7917
Waterfront Y/N No
Street Name Bank Street
Year Built Details Actual
Tax Annual Amount 4927
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 482800
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered No

Interior Features

Total Stories 3
Fireplace Y/N No

Exterior Features

Parking Features Other
Lot Features Corner Lot
Water Source Public
Total Parking 2
Lot Size Area 0.18
Foundation Details Stone
Spa No
Building Area Total 4829
Lot Size Acres 0.18
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 02720

Price
AVG $700K
$440K
Taxes
AVG $6,437
$4,927
Visits
AVG 218
282
Data Provided by Inside Real Estate®
Year Built
AVG 1911
1920

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