270 Bank St Fall River, MA 02720
- Commercial real estate
- 4,758 SF
Current Use by Public Records
- Commercial real estate
Property Details for 270 Bank St
- Property size
- 4,758 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fall River
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.152695
- Latitude
- 41.702782
