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Home For Sale

Picture of Home For Sale in Fall River, Massachusetts, United States

$549,900

251 Bank St
Fall River, Massachusetts, United States

6bd 8ba

Listed By: Realtyww Info

Listed On: 06/07/2023

Listing ID: GL10215830 View More Details

Description

Great opportunity to own a mixed-use 6+ unit property in the heart of Fall River's up and coming downtown/Historic District. The first level is currently set up with 3 spacious offices, a conference room, a kitchen, and a full bathroom, The second level consists of 3 residential units: (2) 1 bed units and a studio apartment. The spacious third level is currently set up as a walk-up attic - potential for expansion. The ground level that runs along Rock Street currently consists of 2-3 commercial storefront units and includes several offices and a half bath. This property is a 4 minute drive to the MBTA South Coast Commuter Rail Fall River Depot station currently being constructed at 825 Davol Street. Walking distance to restaurants, coffee shops, offices, banks as well as city hall. Minutes from Route 24 and I-195. This property has the potential for a 7-9% cap rate. Buyer and Buyers' agent to perform their own due diligence. Information deemed reliable but not guaranteed.

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Listed by: Revolv Real Estate
Source: The World Property Journal

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