251 Bank Street

Fall River, MA 02720

$499,900
Price
6
Beds
5
Baths
5,421 Sq. Ft.
$92 / Sq. Ft.
5,421
Sq. Ft.
$92
per Sq. Ft.

Description

Investors take notice. Check out this mixed use property located downtown, walking distance to many city amenities and minutes from the new commuter rail. Main level was formerly operating as legal offices and offers 2 private offices, conference room, reception area, waiting are, kitchen, bath plus central air. On the second level you can find 1 studio apartment, (2) 2 bedroom apartments (one currently rented). The attic is a walk up, previously used as storage but can be finished and used for additional...Investors take notice. Check out this mixed use property located downtown, walking distance to many city amenities and minutes from the new commuter rail. Main level was formerly operating as legal offices and offers 2 private offices, conference room, reception area, waiting are, kitchen, bath plus central air. On the second level you can find 1 studio apartment, (2) 2 bedroom apartments (one currently rented). The attic is a walk up, previously used as storage but can be finished and used for additional office space. On the Rock Street side of the building you will find 2 storefronts, office space and a bath. Off street parking for approx 6 cars. So many options for this property.
  1. Listed by Cindy Ferry • Keller Williams South Watuppa

Property Details for 251 Bank Street

Town
Fall River
Area
MA-Fall River
Garage Spaces
0
Parking Spaces
4.00
Parking Spaces Total
4

Location

Listing Courtesy of Keller Williams South Watuppa, Cindy Ferry
Add your commute

Property Details for 251 Bank Street

StatusNew
MLS #73160448
Days on Market223
Taxes$7,942 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1836
CountyBristol County

Location

Listing Courtesy of Keller Williams South Watuppa, Cindy Ferry
Add your commute

Building Information for 251 Bank Street

Stories5Residences7Year Built1836Building Size-Lot Size0.11 AC / 4,591 SF

Payment Calculator

$3,390 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,728

Property Taxes

$662

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 251 Bank Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Living Area: 5421.0
  • Color: white
  • SqFt with Basement: No
  • Total Units: 7
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Utility Connections for Gas Range
  • Basement Features: Partially Finished
  • Num of Baths: 5.0
  • Num of Full Baths: 5
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Integer: 5
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Carpet, Laminate
  • SpaYN: No
Exterior Features
  • Lot Description: Corner Lot
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Disclosures: Right of way approximately 6 feet to the side of the building (Rocks St side)
Tax Information
  • Tax ID: M:0N04 B:0000 L:0026,2833156
  • Assessments: $308,300
  • Book: 4289
  • Tax Year: 2023
  • Zoning: A-3
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 5
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $7,800.00
  • NOI: $7,800.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 2
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $650.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.00
  • Other Agent Compensation: 00.00

Property History for 251 Bank Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 251 Bank Street

Taxable ValueLand$99,900Additions$208,400Total$308,300
Tax Record2022$8,333 ($694 / month)
Home Facts
Baths5Total Finished SqFt7,110 SqFtAbove Grade Finished SqFt5,421 SqFtFinished Basement SqFt1,689 SqFtStories3Lot Size4,591 SqFtStyleOffice BuildingYear Built1836ZoningA-3CountyBRISTOLAPNFALL M:0N-04 B:0000 L:0026

Schools near 251 Bank Street

This home is within Fall River School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Mary Fonseca Elementary School
PublicPK to 5

Morton Middle School
Public6 to 8

B M C Durfee High School
Public9 to 12

Resiliency Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

251 Bank Street is a multi-family home for sale in Fall River, MA 02720. This property was listed for sale on September 18, 2023 by Keller Williams South Watuppa, it's currently listed at $499,900. It has been on the market for a total of 223 days and was last sold on November 28, 2023. This listing's school district is Fall River School District. Nearby schools include Mary Fonseca Elementary School, Morton Middle School and B M C Durfee High School. 251 Bank Street is a 6-bed, 5-bath, 5,421 sqft multi-family home built in 1836.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams South Watuppa, Cindy Ferry

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.