Don't miss this golden opportunity with so much more potential! Legal and listed as a 5 Unit with Town. Currently configured with 5 efficiency units, 3 studios, two 1-bedroom units & one 2-bedroom unit. The unfinished 3rd floor offers an opportunity to add a 2-bedroom unit, for more revenue potential. There is a ground-level office space, a spacious 5+ car garage & about 10 off-street parking spaces. This property has unlimited potential. Here is your chance to be part of Fall River's flourishing growth. This location positions this property as an excellent prospect for Investors in an Opportunity Zone near restaurants, businesses, waterfront and the new Train Station (set to open 2025). Additionally, the Seller owns nearby properties, allowing for consideration of a lucrative package deal. MAKE AN OFFER!!
This home has been viewed 84 times
Last Checked: March 9th, 2025 at 5:19am (Source: MLS PIN #73333577)
Gross Income: $0
Gross Expenses: $6,421
Net Income Calc: $6,421
CAP Rate: -0.66%
Beach Front
Annual Expenses for 270 Bank St, Fall River MA 02720
Total Gross Expenses (Calculated)$6,421/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,421
Annual Income & Unit Breakdown for 270 Bank St, Fall River MA 02720
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseY
Bedrooms0
Bathrooms
Floor0
Levels in Unit0
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms0
Bathrooms
Floor0
Levels in Unit0
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 270 Bank St, Fall River MA 02720
Listing ID73333577
Property TypeMulti Family / 5+ Family
Price$975,000 ($204.92/SqFt)
Style5-9 Family
CityFall River
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total4,758 SqFt
Approximate Lot Size (Acres)0.2 acres
Total Parking14 (4 Garage)
Garage Parking4 / Detached
Year Built1850
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningA-3
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesRiver, Beach Front
Energy Features
Terms
Disclosures for 270 Bank St, Fall River MA 02720
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
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$6,421
Tax Year2024
Assessed Value$558,800
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)-0.66%
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