Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Withdrawn

289 Bank St, Fall River MA 02720

$675,000

Estimated $1,640.84/month Calculator

Multi Family

Total Units: 1

Price Per Unit: $675,000

Total Rent: 0/year

Estimated CAP Rate: -0.97%

0 Bedrooms

Baths

4,829 SqFt

Total Parking: 4

4,077 SqFt

This distinguished Greek Revival-style property presents a prime development opportunity in Fall River’s sought-after Lower Highlands. With 4,829 SF of mixed-use potential, it’s zoned for professional offices or up to eight residential units, making it ideal for both commercial and residential development. Recent exterior upgrades include new vinyl siding, windows, roofing, stonework, and distinctive corner columns, enhancing its curb appeal and structural integrity. The interior is partially gutted, offering a blank canvas ready for custom renovations. Second- and third-floor sliders open to walkout areas, perfect for adding decks with scenic views. Located in an Opportunity Zone near restaurants, businesses, the waterfront, and the highly anticipated Fall River Train Station (set to open in 2025), this property is strategically positioned near the Central Business District and benefits from the city’s ongoing revitalization. Don’t miss this exceptional investment opportunity. As-is.

This home has been viewed 56 times

Last Checked: December 9th, 2024 at 5:19am (Source: MLS PIN #73311782)

Gross Income: $0

Gross Expenses: $6,556

Net Income Calc: $6,556

CAP Rate: -0.97%

Annual Expenses for 289 Bank St, Fall River MA 02720

Total Gross Expenses (Calculated)$6,556/year

APOD Available

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,556

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

Listing ID73311782

Property TypeMulti Family / 5+ Family

Price$675,000

Style

CityFall River

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total4,829 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking4

Garage Parking

Year Built1920

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 289 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 289 Bank St, Fall River MA 02720

Real Estate Taxes$6,556

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)-0.97%

Location Information for 289 Bank St, Fall River MA 02720

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 289 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 546.33

Principal & Interest 4159.14

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

Array
(
    [acres] => Approx. 0.09 acres (4,077 SqFt)
    [add_date] => 2024-11-13 08:53:13
    [address] => Bank St
    [agent] => Array
        (
            [address] => 316 Mary's Pond Road
            [city] => Rochester
            [id] => CN220309
            [name] => Erin Hovan
            [national_association] => 451502961
            [office] => AN2383
            [state] => MA
            [zip] => 02770
        )

[apod_available] => Array
        (
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 4,829 SqFt
    [approx_lot_size_acres] => 0.09 acres
    [approx_lot_size_sqft] => 4,077 SqFt
    [assessed_value] => 
    [association] => No
    [association_fee] => Array
        (
            [0] => $0
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [basement] => Array
        (
        )

[bathrooms] => 
    [bedrooms] => 0
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
        )

[building_management] => Array
        (
        )

[building_debug] => 289 Bank St Fall River
    [building_id] => 
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 5+ Family
        )

[c_type] => Multi Family
    [cap_rate] => -0.97%
    [city] => Fall River
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => No
    [cooperating_agent_commission] => Array
        (
        )

[county] => Bristol
    [cultivation_acres] => None
    [date_available_note] => 
    [deposit_amount] => Array
        (
            [0] => $0
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => This distinguished Greek Revival-style property presents a prime development opportunity in Fall River’s sought-after Lower Highlands. With 4,829 SF of mixed-use potential, it’s zoned for professional offices or up to eight residential units, making it ideal for both commercial and residential development.  Recent exterior upgrades include new vinyl siding, windows, roofing, stonework, and distinctive corner columns, enhancing its curb appeal and structural integrity. The interior is partially gutted, offering a blank canvas ready for custom renovations. Second- and third-floor sliders open to walkout areas, perfect for adding decks with scenic views. Located in an Opportunity Zone near restaurants, businesses, the waterfront, and the highly anticipated Fall River Train Station (set to open in 2025), this property is strategically positioned near the Central Business District and benefits from the city’s ongoing revitalization. Don’t miss this exceptional investment opportunity. As-is.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => Contact Agent
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => No
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 0
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $0
        )

[half_baths] => 0
    [handicap_access] => No
    [heating] => No
    [heating_expense] => Array
        (
            [0] => $0
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 564146
    [insurance_expense] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-12-09 05:19:55
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 1
    [living_area] => 4,829 Sq. Ft.
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => 
    [mls_id] => 73311782
    [neighborhoods] => Array
        (
        )

[net_income_calc] => -6556
    [net_operating_income] => Array
        (
            [0] => $0
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 1
    [office] => Array
        (
            [id] => AN6524
            [name] => Berkshire Hathaway HomeServices Robert Paul Properties
            [phone] => 508-748-2400
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 203-606-6033
    [pool_features] => Array
        (
        )

[price] => $675,000
    [price_per_sqft] => 0
    [price_per_unit] => 675000
    [private_pool] => No
    [property_sub_type] => Array
        (
        )

[real_estate_tax] => $6,556
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 0
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Withdrawn
        )

[street_number] => 289
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2024
    [team] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 6556
    [total_gross_income] => 0
    [total_parking] => 4
    [trash_expense] => Array
        (
            [0] => $0
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 
    [unit_1_bedrooms] => 
    [unit_1_floor] => 
    [unit_1_lease] => Array
        (
        )

[unit_1_levels] => 
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 
    [unit_2_bedrooms] => 
    [unit_2_floor] => 
    [unit_2_lease] => Array
        (
        )

[unit_2_levels] => 
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => 289 Bank St, Fall River MA 02720
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $0
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
        )

[year_built] => 1920
    [year_built_details] => 
    [year_built_source] => 
    [year_renovated] => 
    [zip] => 02720
    [zoning] => A-3
    [zoning_details] => Legal Conforming
    [media] => Array
        (
            [0] => Array
                (
                    [id] => 57699447
                    [name] => MLS1.jpg
                    [type] => gallery
                    [category] => image
                    [url] => https://www.bostonrealestate.com/wp-content/uploads/WPL/564146/MLS1.jpg
                    [index] => 1
                    [enabled] => 1
                    [created] => 2024-12-09 05:19:56
                    [modified] => 2024-12-09 05:19:56
                )

[1] => Array
                (
                    [id] => 57699545
                    [name] => MLS2.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73311782&w=1024&h=768&n=2
                    [index] => 2
                    [enabled] => 1
                    [created] => 2024-12-09 05:19:57
                    [modified] => 2024-12-09 05:19:57
                )

[2] => Array
                (
                    [id] => 57699546
                    [name] => MLS3.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73311782&w=1024&h=768&n=3
                    [index] => 3
                    [enabled] => 1
                    [created] => 2024-12-09 05:19:57
                    [modified] => 2024-12-09 05:19:57
                )

[3] => Array
                (
                    [id] => 57699547
                    [name] => MLS4.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73311782&w=1024&h=768&n=4
                    [index] => 4
                    [enabled] => 1
                    [created] => 2024-12-09 05:19:57
                    [modified] => 2024-12-09 05:19:57
                )

[4] => Array
                (
                    [id] => 57699548
                    [name] => MLS5.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73311782&w=1024&h=768&n=5
                    [index] => 5
                    [enabled] => 1
                    [created] => 2024-12-09 05:19:57
                    [modified] => 2024-12-09 05:19:57
                )

[5] => Array
                (
                    [id] => 57699549
                    [name] => MLS6.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73311782&w=1024&h=768&n=6
                    [index] => 6
                    [enabled] => 1
                    [created] => 2024-12-09 05:19:57
                    [modified] => 2024-12-09 05:19:57
                )

[6] => Array
                (
                    [id] => 57699550
                    [name] => MLS7.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73311782&w=1024&h=768&n=7
                    [index] => 7
                    [enabled] => 1
                    [created] => 2024-12-09 05:19:57
                    [modified] => 2024-12-09 05:19:57
                )

[7] => Array
                (
                    [id] => 57699551
                    [name] => MLS8.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73311782&w=1024&h=768&n=8
                    [index] => 8
                    [enabled] => 1
                    [created] => 2024-12-09 05:19:57
                    [modified] => 2024-12-09 05:19:57
                )

[8] => Array
                (
                    [id] => 57699552
                    [name] => MLS9.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73311782&w=1024&h=768&n=9
                    [index] => 9
                    [enabled] => 1
                    [created] => 2024-12-09 05:19:57
                    [modified] => 2024-12-09 05:19:57
                )

[9] => Array
                (
                    [id] => 57699553
                    [name] => MLS10.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73311782&w=1024&h=768&n=10
                    [index] => 10
                    [enabled] => 1
                    [created] => 2024-12-09 05:19:57
                    [modified] => 2024-12-09 05:19:57
                )

[10] => Array
                (
                    [id] => 57699554
                    [name] => MLS11.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73311782&w=1024&h=768&n=11
                    [index] => 11
                    [enabled] => 1
                    [created] => 2024-12-09 05:19:57
                    [modified] => 2024-12-09 05:19:57
                )

[11] => Array
                (
                    [id] => 57699555
                    [name] => MLS12.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73311782&w=1024&h=768&n=12
                    [index] => 12
                    [enabled] => 1
                    [created] => 2024-12-09 05:19:57
                    [modified] => 2024-12-09 05:19:57
                )

[12] => Array
                (
                    [id] => 57699556
                    [name] => MLS13.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73311782&w=1024&h=768&n=13
                    [index] => 13
                    [enabled] => 1
                    [created] => 2024-12-09 05:19:57
                    [modified] => 2024-12-09 05:19:57
                )

[13] => Array
                (
                    [id] => 57699557
                    [name] => MLS14.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73311782&w=1024&h=768&n=14
                    [index] => 14
                    [enabled] => 1
                    [created] => 2024-12-09 05:19:57
                    [modified] => 2024-12-09 05:19:57
                )

)

)

EXIT