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248-250 Jefferson St, Fall River MA 02721

Fall River, MA 02721
$694,999
Est. $4,303/month
6
Beds
2.5
Baths
4,266
Sq Ft
$163
Price/Sq Ft
0.08
Acres
1900
Year Built
9
Days on Market
Active Listed Feb 12, 2026 • MLS# 73476887 Copied!

About this home

Don’t miss this great investment opportunity in the heart of Fall River! This well-maintained mixed-use property features a street-level commercial space with two spacious residential units above. Each unit offers three generously sized bedrooms, a large living room, formal dining room, and an updated kitchen with granite countertops. Hardwood floors add warmth and classic charm throughout the living areas. Recent improvements include a new electrical panel, new hot water heaters for the first and third 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 in a vibrant historic city along the Taunton River and close to the Atlantic Ocean, with Newport, RI just a short drive away. Off-street parking for five vehicles—a rare city find. Excellent opportunity for investors or owner-occupants.

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Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
2
Half Bathrooms
1
Living Area
4,266 sq ft
Total Rooms
15
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1900
Living Area 4,266 sq ft
Lot Size 0.08 acres
Bedrooms 6
Full Baths 2
Half Baths 1
Total Rooms 15

Interior

Heating Natural Gas, Ductless
Cooling Ductless, None
Flooring Tile, Vinyl, Hardwood, Stone/ceramic Tile
Appliances Range, Refrigerator, Freezer
Fireplace None
Basement None
Laundry None
Features Pantry, Stone/granite/solid Counters, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen

Exterior

Construction None
Architecture None
Roof Shingle

Parking

Features None
Total Spaces 5

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven

Financial

Annual Tax $7,069
Assessed Value $617,400

Interior Features

Flooring: Tile, Vinyl, Hardwood, Stone/Ceramic Tile
Appliances: Range, Refrigerator, Freezer
Interior Features: Pantry, Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 3

Heating, Cooling & Utilities

Heating: Natural Gas, Ductless
Heating Zones: 3
Cooling: Ductless, None
Cooling Zones: 1
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Total Parking Spaces: 5
Parking Features:

Location

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Neighborhood

248-250 Jefferson St, Fall River MA 02721

Fall River, MA 02721

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
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Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $589
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
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Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Feb 12, 2026
$694,999
Original listing
Agent: Jennifer Eaton Office: ALANTE Real Estate

Price & Status History

Date Event Price Change
Feb 12, 2026 New Listing Added $694,999

Market Statistics

Days on Market
9 days
Price per Sq Ft
$163

Tax History

Year Taxes Assessment
2025 $7,069 $617,400

Financial Details

Annual Property Tax
$7,069
Tax Year 2025
Assessed Value
$617,400

Listing Information

Listing Agent Jennifer Eaton
Listing Office ALANTE Real Estate
Agent MLS ID CN224180
Office MLS ID AN8558
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Fall River, MA

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Steven Novak

Steven Novak

BMN Boston Real Estate

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