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    OFF-MARKET
    Commercial real estate

    270 Bank St, Fall River, MA 02720

    4,758 SF
    Property ID
    US38-0022899
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 4,758 SF
    UPID US38-0022899
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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