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Canceled

289 Bank Street, Fall River MA 02720

$585,000

Estimated $1,359/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $117,000

Total Rent: 0/year

Estimated CAP Rate:

0 Bedrooms

Baths

4829

Total Parking: 2

7,917 (0.18)

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.

This home has been viewed 112 times

Last Checked: November 14th, 2024 at 5:19am (Source: MLS PIN #73201042)

Gross Income: $0

Gross Expenses: $4,927

Net Income Calc: $4,927

Annual Expenses for 289 Bank Street, Fall River MA 02720

Total Gross Expenses (Calculated)$4,927/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4927

Annual Income & Unit Breakdown for 289 Bank Street, Fall River MA 02720

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms0

Bathrooms

Floor0

Levels in Unit0

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms0

Bathrooms

Floor0

Levels in Unit0

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bathrooms

Rent IncludesHeat

Unit 4

Rental Income$0

Lease

Bathrooms

Rent IncludesHeat

General Information for 289 Bank Street, Fall River MA 02720

Listing ID73201042

Property TypeMulti Family

Price585000 ($121.14/SqFt)

Style5+ Family - 5+ Units Up/down

CityFall River

CountyBristol

Neighborhood(s)

Approximate Living Area Total4829

Approximate Lot Size (Acres)0.18

Total Parking2

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningA-3

Water Views

Water Views FeaturesBay

Waterfront FeaturesRiver

Terms

Disclosures for 289 Bank Street, Fall River MA 02720

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsNelson Pendant Lamp In Third Floor Bedroom/Office.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)Lender Owned

Buyer Agent Compensation0

Facilitator Compensation0

Compensation Based OnNet Sale Price

Financial Information for 289 Bank Street, Fall River MA 02720

Real Estate Taxes4927

Tax Year2023

Assessed Value$482,800

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 289 Bank Street, Fall River MA 02720

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 289 Bank Street, Fall River MA 02720

Agent

Name: Denis DaSilva

Office

Name: revolv Real Estate

Phone: 508-644-8995

Payment Calculator

, Interest

Property Taxes 410.58

Principal & Interest 3604.58

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

revolv Real Estate

Denis DaSilva

Agent Phone

Office Phone

(508) 644-8995

Text Agent Call Agent Call Office

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    [unparsed] => 289 Bank Street, Fall River MA 02720
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EXIT

31 More Photos

Canceled

289 Bank Street, Fall River MA 02720

$585,000

Annual Expenses for 289 Bank Street, Fall River MA 02720

Annual Income & Unit Breakdown for 289 Bank Street, Fall River MA 02720

General Information for 289 Bank Street, Fall River MA 02720

Disclosures for 289 Bank Street, Fall River MA 02720

Financial Information for 289 Bank Street, Fall River MA 02720

Location Information for 289 Bank Street, Fall River MA 02720

Contact Information for 289 Bank Street, Fall River MA 02720

Agent

Office

Payment Calculator

Exclusive Listing Agent

revolv Real Estate

Denis DaSilva