Welcome to 289 Bank Street! This expansive mixed-use property, strategically positioned at the corner of Bank St and High St in Historic downtown Fall River, presents a compelling investment opportunity. Having undergone a comprehensive exterior rehabilitation, the property boasts new vinyl siding, windows, roof, and exquisite stone work. The second and third floors feature sliders leading to walkout areas, offering the possibility of creating scenic decks with captivating views of downtown Fall River. Ideally suited for professional offices or up to 8 residential units, the versatile layout accommodates various potential uses. Totaling 4,800 sqft, this property beckons with unlimited potential. Seize the chance to be part of Fall River's flourishing growth. The location, coupled with the recent enhancements, positions this property as an excellent prospect for astute investors. Additionally, the seller owns nearby properties, allowing for consideration of a lucrative package deal.
This listing has been viewed 10 times in the past 212 days
Last Updated: November 14th, 2024 at 5:19am
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General Information for 289 Bank Street, Fall River, Massachusetts 02720
Property TypeResidential Income
Property Sub TypeMulti Family
Price$585,000
Price per sqft$121.14
MLS #73201042
Handicap Access / FeaturesNo
List Date2024-02-09
Special Listing ConditionsNo
StateMassachusetts
Street NameBank Street
CityFall River
Zip Code02720
CountyBristol
MLS Status
Covered Parking Spaces0
Heating Y/NNo
Heating System
Heat Zones
Sold Date01/10/2024
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total4829
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress289 Bank Street, Fall River MA 02720
Zoning
Interior Features for 289 Bank Street, Fall River, Massachusetts 02720
* Approx. Living Area Total4,829 sq ft
Living Area Includes BasementNo
Bedrooms0
* # Fireplaces0
Bathrooms (Total)0
Full Baths0
* # Half Baths0
* # Rooms
Basement
Heating System
AppliancesNo
Electric
Living Area DisclosureFully Gutted Interior. Property information from P
Living Area Includes BasementNo
Door FeaturesNo
ElectricYes
Electric$0
MLS Area (Major)
MLSPIN_BEDRMS_10
MLSPIN_BEDRMS_20
MLSPIN_BEDRMS_3
MLSPIN_BEDRMS_4
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_10
MLSPIN_F_BTHS_20
MLSPIN_F_BTHS_3
MLSPIN_F_BTHS_4
MLSPIN_GRE$0
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3
MLSPIN_H_BTHS_4
OffMarketDate13/11/2024
Exterior Features for 289 Bank Street, Fall River, Massachusetts 02720
* Approximate Lot Size0.18 acres
Covered Parking Spaces0
Lot FeaturesCorner Lot
* Parking Spaces2
* Sewer Utilities
* Water Utilities
* Year Built1920
Year Built Details
Year Built SourcePublic Records
Construction MaterialsFrame
Exterior Features
Foundation Area
Foundation MaterialsStone
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)7,917 Sqft
Disclosures for 289 Bank Street, Fall River, Massachusetts 02720
Buyer Agent Compensation0
ContingencyInspection
FinancingNo
Disclosures
Documents AvailableNo
Exclusions
MLSPIN_COMP_BASED_ONNet Sale Price
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREY
Lead PaintUnknown
Living Area DisclosureFully Gutted Interior. Property information from P
Living Area Includes BasementNo
Facilitator Compensation0
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 289 Bank Street, Fall River, Massachusetts 02720
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data SourceNo
Gross Income$0
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_10
MLSPIN_LEVELS_20
MLSPIN_LEVELS_3
MLSPIN_LEVELS_4
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT10
MLSPIN_RENT20
MLSPIN_RENT3
MLSPIN_RENT4
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$0
OperatingExpense$0
OriginalListPrice$435,000
RENT_FEE_INCLUDESNo
TOTAL_RENT0
WaterSewerExpense$0
Lifestyle Information for 289 Bank Street, Fall River, Massachusetts 02720
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool FeaturesNo
Waterfront FeaturesNo
Location information for 289 Bank Street, Fall River, Massachusetts 02720
Elementary School
Middle School
High School
NumberOfUnitsTotal5
Marketing History for 289 Bank Street, Fall River, Massachusetts 02720
MLSPIN_MARKET_TIME_BROKER140
MLSPIN_MARKET_TIME_PROPERTY194
PurchaseContractDate2024-06-13
Agent Information for 289 Bank Street, Fall River, Massachusetts 02720