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270 Bank St, Fall River MA 02720

$975,000

Estimated $2,004.54/month Calculator

Multi Family

Total Units: 1

Price Per Unit: $975,000

Total Rent: 0/year

Estimated CAP Rate: -0.52%

0 Bedrooms

Baths

4,758 SqFt

Total Parking: 10

8,712 SqFt

This historic Greek Revival-style property at is a versatile 4,758 SF multi-family gem in the heart of Fall River, blending historic charm with income-generating potential. Configured with five efficiency apartments, three studios, two 1-bedroom units, and one 2-bedroom unit, it currently generates rental income ranging from $1,100 to $1,500 per month. The unfinished 3rd floor offers an opportunity to add a 2-bedroom unit, further boosting revenue potential. Additional features include ground-level office space, a spacious 4+ car garage, and approximately 10 off-street parking spaces—rare finds in this area. Ideally located in the Lower Highlands, near downtown, the waterfront, and the upcoming Fall River Train Station (opening in 2025), the property is within an Opportunity Zone, presenting attractive tax incentive possibilities. Don’t miss this chance to invest in a high-demand property with significant growth potential. Sold as-is.

This home has been viewed 69 times

Last Checked: December 9th, 2024 at 5:19am (Source: MLS PIN #73311779)

Gross Income: $0

Gross Expenses: $5,083

Net Income Calc: $5,083

CAP Rate: -0.52%

Annual Expenses for 270 Bank St, Fall River MA 02720

Total Gross Expenses (Calculated)$5,083/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,083

Annual Income & Unit Breakdown for 270 Bank St, Fall River MA 02720

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent Includes

General Information for 270 Bank St, Fall River MA 02720

Listing ID73311779

Property TypeMulti Family / 5+ Family

Price$975,000

Style

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total4,758 SqFt

Approximate Lot Size (Acres)0.2 acres

Total Parking10

Garage Parking

Year Built1850

Year Built Source

Year Renovated

Year Built Details

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation Description

Accessible Features

Outdoor Space

ZoningA-3

Zoning DetailsLegal Conforming

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 270 Bank St, Fall River MA 02720

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 270 Bank St, Fall River MA 02720

Real Estate Taxes$5,083

Tax Year2024

Assessed Value

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.52%

Location Information for 270 Bank St, Fall River MA 02720

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 270 Bank St, Fall River MA 02720

Agent

Name: Erin Hovan

Office

Name: Berkshire Hathaway HomeServices Robert Paul Properties

Phone: 508-748-2400

Payment Calculator

, Interest

Property Taxes 423.58

Principal & Interest 6007.64

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkshire Hathaway HomeServices Robert Paul Properties

Erin Hovan

Agent Phone

Office Phone

(508) 748-2400

Text Agent Call Agent Call Office

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EXIT