270 Bank St, Fall River, MA 02720
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.