• $689,999List Price
  • 6Bedrooms
  • 3Bathrooms
  • 0.08Acreage
  • 1900Year Built
  • 4,266Square Feet

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.

More Info

Basic Information

  • Gross Income $66,000
  • Lot Features Corner Lot
  • Mls StatusActive
  • Parcel Number M:0F04 B:0000 L:0016
  • Rent Includes Unit 2(Water), Unit 3(Water)

Location

  • Address248-250 Jefferson Street
  • Building Number248-250
  • CountyBristol
  • StateMA
  • StreetJefferson Street
  • TownFall River
  • Zip02721

Exterior

  • RoofShingle

Utilities

  • Cooling Ductless
  • Heat SystemYes
  • Heating Natural Gas, Ductless
  • Sewer Public Sewer
  • Water Source Public

Tax Information

  • Tax Assessed Value $617,400
  • Tax Year 2025
  • Taxes$7,069

Basic Information

  • List Price$689,999
  • MLS Number73476887
  • Modification Date05/22/2026
  • Property SubTypeMulti Family

Property

  • Acreage0.08

Interior

  • Flooring Tile, Vinyl, Hardwood, Stone/Ceramic Tile
  • Interior Features
    • Bathroom With Tub & Shower
    • Dining Room
    • Kitchen
    • Living Room
    • Pantry
    • Stone/Granite/Solid Counters

Property Information

  • Building Area Source Public Records
  • Living Area 4,266
  • Lot Size Square Feet 3,306
  • Lot Size Units Acres
  • Square Feet4,266

Other

  • Date Listed02/12/2026
  • Farm Land Area Units Square Feet
  • View Count1

Parking

  • Parking Spaces5

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 2.5
  • Bedrooms6
  • Full Bath2
  • Half Baths1

Building

  • Building Area Units Square Feet
  • FoundationConcrete Perimeter
  • Levels 3
  • Rooms15
  • Stories3
  • Units3
  • Utilities For Electric Range, For Electric Oven
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Public Transportation
    • Shopping
    • Walk/Jog Trails
  • Appliances IncludedRange, Refrigerator, Freezer

Map Location

Driving Directions

Listed by Jennifer Eaton of ALANTE Real Estate

Fall River, MA Demographics

There is no data available

Fall River, MA Real Estate Market Data

There is no data available

Fall River, MA Schools

School NameDistanceTypeGrades

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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.

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