Fall River 6 Bed 3 Bath Multi-Family Home for Sale

53 Days on Boardwalk PropertiesPrice Reduced $20,001

248 Jefferson St, Fall River, MA 02721
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$699,999

3 Unit

6 Beds

3 Baths

4266 SQFT

0.08 Acre

Property Description

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!

Property Details tap to expand

Building Information

Total Units: 3
Total Floors: 3
Total Bedrooms: 6
Total Full Baths: 2
Total Half Baths: 1
Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Public Transportation, Shopping, Walk/Jog Trails
Common Rooms: Dining Room, Kitchen, Living Room
Common Interior Features: Bathroom With Tub & Shower, Pantry, Stone/Granite/Solid Counters, Tile Floor
Common Appliances: Freezer, Range, Refrigerator
Common Heating: Extra Flue, Gas, Heat Pump
Common Cooling: None

Financial

APOD Available: Yes
Gross Operating Income: 64800
Gross Expenses: 960
Water/Sewer: 360
INSC: 600
Net Operating Income: 63840

Utilities

Heat Zones: 3
Cooling Zones: 1
Utility Connections: for Electric Oven, for Electric Range
Water: City/Town Water, Private
Sewer: City/Town Sewer, Private

Unit 1 Description

Under Lease: Yes
Floors: 1
Levels: 1

Unit 2 Description

Included in Rent: Water
Under Lease: No
Floors: 2
Levels: 1

Unit 3 Description

Included in Rent: Water
Under Lease: No
Floors: 3
Levels: 1

Construction

Year Built: 1900
Foundation Info: Poured Concrete
Roof Material: Aluminum, Asphalt/Fiberglass Shingles
Flooring Type: Hardwood, Tile, Vinyl
Lead Paint: Unknown
Warranty: No

Other Information

MLS ID# 73416610
Last Updated: 09/28/25

Property History tap to expand

Date	Event	Price	Price/Sq Ft	Source
10/03/2025	Expired	$59,900		MLSPIN
09/16/2025	Active	$699,999	$164	MLSPIN
09/12/2025	Price Change	$699,999	$164	MLSPIN
08/16/2025	Active	$720,000	$169	MLSPIN
08/12/2025	New	$720,000	$169	MLSPIN
06/23/2025	Active	$59,900		MLSPIN
06/19/2025	New	$59,900		MLSPIN
09/28/2023	Killed	$659,900	$155	MLSPIN
09/28/2023	Killed	$659,900	$155	MLSPIN
09/22/2023	Sold	$660,000		MLSPIN
09/22/2023	Sold	$660,000		MLSPIN
09/22/2023	Sold	$660,000	$155	MLSPIN
07/27/2023	Under Agreement	$659,900		MLSPIN
07/27/2023	Under Agreement	$659,900		MLSPIN
07/27/2023	Under Agreement	$659,900	$155	MLSPIN
07/17/2023	Contingent	$659,900		MLSPIN
07/17/2023	Contingent	$659,900		MLSPIN
07/17/2023	Contingent	$659,900	$155	MLSPIN
07/14/2023	Back on Market	$659,900		MLSPIN
07/14/2023	Back on Market	$659,900		MLSPIN
07/14/2023	Back on Market	$659,900	$155	MLSPIN
06/14/2023	Under Agreement	$659,900		MLSPIN
06/14/2023	Under Agreement	$659,900		MLSPIN
06/14/2023	Under Agreement	$659,900	$155	MLSPIN
06/05/2023	Contingent	$659,900		MLSPIN
06/05/2023	Contingent	$659,900	$155	MLSPIN
06/05/2023	Contingent	$659,900		MLSPIN
05/07/2023	Active	$659,900		MLSPIN
05/07/2023	Active	$659,900	$155	MLSPIN
05/07/2023	Active	$659,900		MLSPIN
05/03/2023	Price Change	$659,900		MLSPIN
05/03/2023	Price Change	$659,900		MLSPIN
05/03/2023	Price Change	$659,900	$155	MLSPIN
04/17/2023	Active	$669,900	$157	MLSPIN
04/17/2023	Active	$669,900		MLSPIN
04/17/2023	Active	$669,900		MLSPIN
04/13/2023	Price Change	$669,900		MLSPIN
04/13/2023	Price Change	$669,900	$157	MLSPIN
04/13/2023	Price Change	$669,900		MLSPIN
03/31/2023	Active	$689,900		MLSPIN
03/31/2023	Active	$689,900	$162	MLSPIN
03/31/2023	Active	$689,900		MLSPIN
03/27/2023	Price Change	$689,900		MLSPIN
03/27/2023	Price Change	$689,900		MLSPIN
03/27/2023	Price Change	$689,900	$162	MLSPIN
03/19/2023	Active	$699,900	$164	MLSPIN
03/19/2023	Active	$699,900		MLSPIN
03/19/2023	Active	$699,900		MLSPIN
03/15/2023	Price Change	$699,900		MLSPIN
03/15/2023	Price Change	$699,900		MLSPIN
03/15/2023	Price Change	$699,900	$164	MLSPIN
02/24/2023	Active	$719,900	$169	MLSPIN
02/24/2023	Active	$719,900		MLSPIN
02/24/2023	Active	$719,900		MLSPIN
02/20/2023	New	$719,900		MLSPIN
02/20/2023	New	$719,900		MLSPIN
02/20/2023	New	$719,900	$169	MLSPIN

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Seller's Representative: Jennifer Eaton, ALANTE Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-09-28 09:21:00

Boardwalk Properties
143 Harvard Avenue
Allston, MA 02134
(617) 566 5333

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