270 Bank StFall River, MA 02720

For Sale
$975,000

Prime Bank Street Location, High Rental Income

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional multifamily property at 270 Bank Street in Fall River, Massachusetts, presents a compelling investment opportunity. The building, boasting 4,758 square feet, comprises two units currently configured as ten apartments: five efficiencies, three studios, two one-bedroom units, and one two-bedroom unit. These apartments generate substantial rental income, with monthly rents ranging from $1,100 to $1,500. The property's strong rental history demonstrates consistent cash flow potential. Located in the heart of Fall River, 270 Bank Street benefits from a desirable location with easy access to local amenities and transportation. The building's versatility extends beyond its current configuration. The unfinished third floor offers significant potential for expansion. Adding a further two-bedroom apartment would increase rental income and enhance the property's overall value. This is an ideal opportunity for investors seeking a multifamily property with immediate cash flow and significant upside potential in a thriving Massachusetts market. The asking price is $975,000. The property is situated in Bristol County, Massachusetts, with a zip code of 02720.

Highlights

  • Exceptional multifamily investment opportunity in Fall River, MA.
  • 4,758 square foot building with ten apartments (five efficiencies, three studios, two one-bedrooms, one two-bedroom).
  • Strong rental history with monthly rents ranging from $1,100 to $1,500.
  • Desirable Fall River location with easy access to amenities and transportation.
  • Unfinished third floor offers expansion potential for added rental income.
  • Asking price: $975,000.

Property Details for 270 Bank St

Property type
Multifamily properties, Apartment buildings
Square Feet
4,758 SF
Units
2

Location Insight

City
Fall River
County
Bristol
State
Massachusetts
Latitude
41.702782
Longitude
-71.152695
270 Bank St, Fall River, Massachusetts
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270 Bank St
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