(617) 955-2224
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275 Bank St, Fall River MA 02720

Fall River, MA 02720
$765,000
Est. $4,538/month
3,292
Sq Ft
$232
Price/Sq Ft
0.09
Acres
1900
Year Built
20 hours 59 minutes
Time on Market
Active Listed Jan 9, 2026 • MLS# 73467129 Copied!

About this home

Prime Opportunity Zone multi-family in Fall River’s Lower Highlands. Renovated in 2010, this stately 3,292 SF property is currently configured as a 4-family with four 1-bed units producing steady income. Strong value-add potential—the 3rd floor offers space for future expansion and potential conversion to a 5th unit with a second means of egress. Features include 98% efficient gas boilers with on-demand hot water, separate utilities, hardwood & ceramic flooring, SS appliances, walk-in closets, oversized windows, and a classic circular stairwell. Private off-street parking and a spacious rear deck add tenant appeal. Ideal location for investor or owner occupant near downtown, waterfront, restaurants, and the new South Coast Rail Train Station (scheduled 2025). Positioned to benefit from Fall River’s ongoing revitalization. Sold as-is.

Property Overview

Listing Type
Commercial Sale
Year Built
1900
Living Area
3,292 sq ft

Facts & Features

Home Facts

Type Commercial Sale
Year Built 1900
Living Area 3,292 sq ft
Lot Size 0.09 acres

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water None
Sewer None
Gas None
Other Public Water, Public Sewer, Natural Gas Available

Financial

Annual Tax $5,635

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

275 Bank St, Fall River MA 02720

Fall River, MA 02720

Walkability

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Nearby Schools

School District
Fall River School District local
⚠ School Safety 2024-25
8.4% Above Average
8.4% Suspensions 2.1% In-School
↑ 2.9% above state avg
E

Elementary Schools

10 schools
Antioch School
0.5 mi
Grades PK-08
C-
John J Doran School
0.7 mi | #301 of 352 | Score: 31.3
Improved 26 spots from last year
-26.9 below state avg
525 students Diverse
Diverse Student Body
Grades PK-08
Holy Name School
1.0 mi
Grades PK-08
East Gate Christian Academy
1.3 mi
Grades PK-12
Espirito Santo School
1.4 mi
Grades PK-08
St. Michael School
1.5 mi
Grades PK-08
Holy Trinity School
1.8 mi
Grades PK-08
D
Henry Lord Community School
2.2 mi | #321 of 352 | Score: 29.1
Improved 12 spots from last year
-29.1 below state avg
817 students Diverse
Diverse Student Body
Grades PK-08
C
Atlantis Charter School
2.3 mi | #246 of 346 | Score: 46.8
Improved 25 spots from last year
-11.4 below state avg
1,246 students Diverse
College Ready Curriculum
Grades K-12
D
Stone PK-12 School
2.4 mi | #370 of 346 | Score: 35.9
Same rank as last year
56 students Diverse
Diverse Student Body
Grades K-12
M

Middle Schools

3 schools
C-
Morton Middle School
1.0 mi | #299 of 352 | Score: 31.4
Improved 39 spots from last year
-26.8 below state avg
751 students Diverse
Diverse Student Body
Grades 06-08
C-
Talbot Innovation School
1.5 mi | #309 of 352 | Score: 30.6
Dropped 25 spots from last year
-27.6 below state avg
582 students Diverse
Diverse Student Body
Grades 06-08
D
Matthew J Kuss Middle School
1.6 mi | #336 of 352 | Score: 27.0
Dropped 1 spots from last year
-31.2 below state avg
646 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

6 schools
F
Resiliency Preparatory Academy
0.3 mi | #393 of 346 | Score: 16.3
Same rank as last year
171 students Very Diverse
Diverse Student Body
Grades 07-12
Fall River Deaconess Home School
0.5 mi
Grades 06-12
C+
Argosy Collegiate Charter School
1.1 mi | #244 of 346 | Score: 46.8
Improved 11 spots from last year
-11.4 below state avg
587 students Diverse
7 sports • 126 athletes
Early College Program College Ready Curriculum Diverse Student Body
Grades 06-12
C+
Diman Regional Vocational Technical High School
1.5 mi | #242 of 346 | Score: 47.1
Dropped 81 spots from last year
-11.1 below state avg
1,463 students Moderate
13 sports • 1,408 athletes
High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
C+
B.M.C. Durfee High School
1.6 mi | #225 of 346 | Score: 49.2
Improved 98 spots from last year
-9 below state avg
2,642 students Diverse
18 sports • 1,452 athletes
Early College Program Career Tech Programs Strong Athletics Diverse Student Body
Grades 09-12
Bishop Connolly High School
1.9 mi
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

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Including down payment
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $470
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
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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
Jan 9, 2026
$765,000
Original listing
Agent: Fermin Group Office: Century 21 North East

Price & Status History

Date Event Price Change
Jan 10, 2026 Sold $765,000 —
Jan 9, 2026 New Listing Added $765,000 —

Market Statistics

Time on Market
20 hours 59 minutes
Price per Sq Ft
$232

Tax History

Year Taxes Assessment
2025 $5,635 —

Financial Details

Annual Property Tax
$5,635
Tax Year 2025

Listing Information

Listing Agent Fermin Group
Listing Office Century 21 North East
Agent MLS ID TM321052
Office MLS ID AN4356
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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