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248 Jefferson St

Fall River, MA 02721
$720,000
6 Beds
2/1 Baths
4,266 Living Area
  • Property Description
    Fantastic mixed-use investment opportunity in the heart of Fall River! This well-maintained property features a popular bagel shop at street level and two spacious residential units above. Each unit offers 3 generously sized bedrooms, a large living room, formal dining room, and a beautifully updated kitchen with granite countertops. Hardwood floors run throughout the living areas, adding warmth and charm. Located less than half a mile from the highway, and within walking distance to shops, restaurants, and public transportation. Fall River is a historic and cultural city nestled along the Taunton River and close to the Atlantic Ocean, with Newport, RI just a short drive away. The property also offers off-street parking for 5 cars—a rare find in the city. Great opportunity for both owner-occupants and investors alike!
  • Highlights
    • Cooling: Ductless, None
    • Levels: 3
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1900
    • Heating: Natural Gas
    • Parking Spots: 5
    • Property Type: Multi Family
    • Total Rooms: 15
    • Status: Active
  • Additional Details
    • Appliances: Range, Refrigerator, Freezer
    • Flooring: Tile, Vinyl, Hardwood, Stone/Ceramic Tile
    • Interior Features: Pantry, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: Cmd
    • Exclusions: Washer And Dryer
    • Foundation: Concrete Perimeter
    • Lot Features: Corner Lot
    • Roof: Shingle
    • Total Number of Units: 3
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship
  • Utilities
    • Sewer: Public Sewer
    • Water Source: Public
  • Fees / Taxes
    • Assessed Value: $617,400
    • Tax Year: 2025
    • Total Rent: $5,400
    • Rental Fee Includes: Unit 2(Water), Unit 3(Water)
    • Taxes: $7,069

Location

248 Jefferson St, Fall River, MA 02721

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Content © 2025 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of ALANTE Real Estate. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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