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.
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248-250 Jefferson St, Fall River MA 02721
Fall River, MA 02721
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/31/2026 | ↓ Price Reduced | $689,999 | $5,000 | - | From $694,999 to $689,999 (-0.7%) |
| 03/24/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 02/23/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 02/12/2026 | 🏠 Listed for Sale | $694,999 | - | - | Original listing |
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