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248-250 Jefferson St, Fall River, MA

Fall River Multi-Family Get directions

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Unit Information

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.

Additional Details
Status: ACT
Type: Multi-Family, Multi Family
Zip Code: 02721
Levels: 3
Parking
Garage Capacity: 5
Parking Spaces: 5
Rooms and Dimensions
Total Units: 3
Total Floors: 3
Total Rooms: 15
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$689,999

  • Listing ID: 73476887
  • Bedrooms: 6
  • Full Baths: 2
  • Half Baths: 1
  • Living Area: 4,266 sqft Convert
  • Lot Size: 3,306 sqft Convert
  • Acres: 0.08

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Luxury Residential Group

Luxury Residential Group

(617) 233-5800

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Jennifer Eaton of ALANTE Real Estate. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

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