223 Remington Ave Fall River, MA 02720
This exceptional 0.21-acre commercial land parcel in Fall River, Massachusetts, presents a unique investment opportunity. Located at 223 Remington Ave, 02720, this property boasts captivating waterfront views and is conveniently situated within walking distance of the brand-new South Coast commuter rail station. The site offers easy access to major roadways including Route 79, 24, and Interstate 195, and is just off Davol Street. Its prime location places it minutes from the MBTA station, local restaurants, the boardwalk, and Battleship Cove, ensuring high visibility and accessibility. The property currently includes a three-family home, the only residence on a quiet dead-end street. This existing structure features three units: two with three bedrooms and one full bath each, and a third with two bedrooms, one full bath, and a loft. Each unit includes a private front balcony offering stunning river views. The property also includes a spacious backyard, six off-street parking spaces in a paved driveway, and a detached one-car garage. This is an exceptional chance to capitalize on Fall River's thriving market and the reliable transit connection to Boston provided by the new commuter rail. The asking price is $1,100,000. The total square footage is 3,474. This property is zoned for commercial use and offers limitless potential for development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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