289 Bank Street

Fall River, MA 02720

$435,000
Price
—
Beds
4,829 Sq. Ft.
$90 / Sq. Ft.
4,829
Sq. Ft.
$90
per Sq. Ft.

Description

Welcome to 289 Bank Street! This expansive mixed-use property, strategically positioned at the corner of Bank St and High St in Historic downtown Fall River, presents a compelling investment opportunity. Having undergone a comprehensive exterior rehabilitation, the property boasts new vinyl siding, windows, roof, and exquisite stone work. The second and third floors feature sliders leading to walkout areas, offering the possibility of creating scenic decks with captivating views of downtown Fall...Welcome to 289 Bank Street! This expansive mixed-use property, strategically positioned at the corner of Bank St and High St in Historic downtown Fall River, presents a compelling investment opportunity. Having undergone a comprehensive exterior rehabilitation, the property boasts new vinyl siding, windows, roof, and exquisite stone work. The second and third floors feature sliders leading to walkout areas, offering the possibility of creating scenic decks with captivating views of downtown Fall River. Ideally suited for professional offices or up to 8 residential units, the versatile layout accommodates various potential uses. Totaling 4,800 sqft, this property beckons with unlimited potential. Seize the chance to be part of Fall River's flourishing growth. The location, coupled with the recent enhancements, positions this property as an excellent prospect for astute investors. Additionally, the seller owns nearby properties, allowing for consideration of a lucrative package deal.
  1. Listed by Melissa Carvalho • revolv Real Estate

Property Details for 289 Bank Street

Town
Fall River
Area
MA-Fall River
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2

Location

Listing Courtesy of revolv Real Estate, Melissa Carvalho
Add your commute
LISTING UPDATED: 04/07/2024 03:10 AM

Property Details for 289 Bank Street

StatusActive
MLS #73201042
Days on Market79
Taxes$4,927 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1920
CountyBristol County

Location

Listing Courtesy of revolv Real Estate, Melissa Carvalho
Add your commute

Building Information for 289 Bank Street

Stories3Residences5Year Built1920Building Size-Lot Size0.18 AC / 7,917 SF

Payment Calculator

$2,785 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,374

Property Taxes

$411

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 289 Bank Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 4829.0
  • SqFt with Basement: No
  • Total Units: 5
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Full Baths: 0
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Integer: 0
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Stone Wall
  • Exterior Features: Stone Wall
  • Lot Description: Corner Lot
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Other
  • Parking Features: Other
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Interior full rehab needed. As-Is/Where-Is sale. Seller to provide easement for driveway access. Listing agent makes no representations nor warranties. Buyer/Buyer agents due your own due diligence.
Tax Information
  • Tax ID: 2833159
  • Assessments: $482,800
  • Book: 3802
  • Tax Year: 2023
  • Zoning: A-3
Building / Association Information
Living Characteristics
  • Beds Total: 0
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 0
  • Lease U1: N
  • Levels U1: 0
Unit 2 Description
  • Floor U2: 0
  • Lease U2: N
  • Levels U2: 0
Rental Info
Rental Info
  • Total Actual Rent: $.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 0
  • Other Agent Compensation: 0

Property History for 289 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 289 Bank Street

Taxable ValueLand$102,300Additions$380,500Total$482,800
Tax Record2023$5,924 ($494 / month)
Home Facts
Baths4.5Total Finished SqFt4,829 SqFtAbove Grade Finished SqFt4,829 SqFtUnfinished Basement SqFt1,845 SqFtStories3Lot Size4,077 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningA-3CountyBRISTOLAPNFALL M:0N-04 B:0000 L:0029

Schools near 289 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.

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289 Bank Street is a multi-family home for sale in Fall River, MA 02720. This property was listed for sale on February 9, 2024 by revolv Real Estate, it's currently listed at $435,000. 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. 289 Bank Street is a 0-bed, 0-bath, 4,829 sqft multi-family home built in 1920.

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 revolv Real Estate, Melissa Carvalho

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.