Price Reduced 0.72%
248-250 Jefferson St, Fall River, MA, 02721
15 rooms
6 beds
2 Full / 1 Half baths
1900
4,266 sqft
Don’t miss this exceptional mixed-use investment opportunity in the heart of Fall River! This well-maintained property features a street-level commercial space with a long-term lease in place, plus two spacious residential units above. Unit 3 can be delivered vacant, offering flexibility for an owner-occupant or added leasing potential. Each residential unit includes 3 generously sized bedrooms, a large living room, formal dining room, and an updated kitchen with granite countertops. HW floors add warmth and charm throughout. Recent improvements include a new electrical panel, new hot water heaters for the 1st and 3rd units, and a new furnace. Conveniently located less than half a mile from the highway and within walking distance to shops, restaurants, and public transportation. Situated near the Taunton River and a short drive to the ocean and Newport. Off-street parking for 5 vehicles—a rare city find. Ideal for investors or owner-occupants seeking flexibility and long-term value.
Status:
Active
Type:
Multi-family
Units:
3
Zoning:
CMD
Heating:
Natural Gas, Ductless
Cooling:
Ductless, None
Levels:
3
Parking:
5-car
Acreage:
0.08
Est. Taxes:
$7,069
Assessment
$617,400
Utilities
for Electric Range, for Electric Oven
Lot Description:
Corner Lot
Amenities:
Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship
Appliances:
Range, Refrigerator, Freezer
MLS #:
73476887
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Jennifer Eaton, ALANTE Real Estate 855-450-0442