248-250 Jefferson St, Fall River, MA 02721

Fall River
Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
248-250 Jefferson St,Fall River, MA 02721
$689,999
  • 6 Beds
  • 3 Baths
  • 4,266 sq. ft.
  • Multi-family
  • Active
Listed by: jennifer eaton
Office: alante real estate
MLS#:73476887
Source:MLSPIN

Price summary

  • Price:$689,999
  • Price per sq. ft.:$161.74

About this home

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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Home facts

  • Year built:1900
  • Listing ID #:73476887
  • Updated:July 25, 2026 at 10:45 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Rooms Total:15
  • Flooring:Hardwood, Tile, Vinyl
  • Dining Description:Dining Room
  • Bathrooms Description:Bathroom With Tub & Shower
  • Kitchen Description:Freezer, Kitchen, Range, Refrigerator
  • Living area:4,266 sq. ft.

Heating and cooling

  • Cooling:1 Cooling Zone, Ductless
  • Heating:Ductless, Natural Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1900
  • Building area:4,266 sq. ft.
  • Lot area:0.08 Acres
  • Lot Features:Corner Lot
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$689,999
  • Price per sq. ft.:$161.74
  • Tax amount:$7,069 (2025)

Features and amenities

  • Appliances:Freezer, Range, Refrigerator

Parking

  • Total parking spaces:5
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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