Prime Opportunity Zone multi-family in Fall River’s Lower Highlands. Renovated in 2010, this stately 3,292 SF property is currently configured as a 4-family with four 1-bed units producing steady income. Strong value-add potential—the 3rd floor offers space for future expansion and potential conversion to a 5th unit with a second means of egress. Features include 98% efficient gas boilers with on-demand hot water, separate utilities, hardwood & ceramic flooring, SS appliances, walk-in closets, oversized windows, and a classic circular stairwell. Private off-street parking and a spacious rear deck add tenant appeal. Ideal location for investor or owner occupant near downtown, waterfront, restaurants, and the new South Coast Rail Train Station (scheduled 2025). Positioned to benefit from Fall River’s ongoing revitalization. Sold as-is.
This home has been viewed 26 times
Last Checked: January 20th, 2026 at 5:33am (Source: MLS PIN #73467128)
Gross Income: $0
Gross Expenses: $6,224
Net Income Calc: $6,224
CAP Rate: -0.81%
Annual Expenses for 275 Bank St, Fall River MA 02720
Total Gross Expenses (Calculated)$6,224/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,224
Annual Income & Unit Breakdown for 275 Bank St, Fall River MA 02720
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 275 Bank St, Fall River MA 02720
Listing ID73467128
Property TypeMulti Family / 4 Family
Price$765,000 ($204.44/SqFt)
Style4 Family
CityFall River
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total3,742 SqFt
Approximate Lot Size (Acres)0.09 acres
Total Parking4
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
Zoningu/a
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 275 Bank St, Fall River MA 02720
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureDoes not include unfinished space on 3rd flr
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$66,120
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 275 Bank St, Fall River MA 02720
Real Estate Taxes$6,224
Tax Year2026
Assessed Value$542,100
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$66,120
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.81%
Location Information for 275 Bank St, Fall River MA 02720
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation
Contact Information for 275 Bank St, Fall River MA 02720