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!
For sale
Price increase: $60.1K (8/12)
$720,000
248 Jefferson St, Fall River, MA 02721
6beds
4,266sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$719,100 Zestimate®
$169/sqft
$-- HOA
What's special
Spacious residential unitsFormal dining roomHardwood floors
- 9 days
- on Zillow |
- 536 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: August 17, 2025 at 05:45am
Listed by:
Jennifer Eaton,
ALANTE Real Estate
Source: MLS PIN,MLS#: 73416610
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Natural Gas
Cooling
- Ductless, None
Features
- Pantry, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
- Flooring: Tile, Vinyl, Hardwood, Stone/Ceramic Tile
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,266
- Total interior livable area: 4,266 sqft
- Finished area above ground: 4,266
Property
Parking
- Total spaces: 5
Lot
- Size: 3,306 Square Feet
- Features: Corner Lot
Details
- Parcel number: M:0F04 B:0000 L:0016,2824085
- Zoning: CMD
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Oven
Community & HOA
Community
- Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship
Location
- Region: Fall River
Financial & listing details
- Price per square foot: $169/sqft
- Tax assessed value: $617,400
- Annual tax amount: $7,069
- Date on market: 8/12/2025
- Exclusions: Washer And Dryer
- Total actual rent: 5400
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