Welcome to 289 Bank St, a prime investment opportunity in Fall River’s sought-after Lower Highlands. This 4-8 unit, 4829 SF mixed-use property offers both commercial and residential potential. Recently renovated exterior features include: new vinyl siding, windows, roofing, stonework, and distinctive corner columns. The interior is partially gutted, providing a versatile canvas for customized finishing. Located in an Opportunity Zone near popular restaurants, businesses, the scenic waterfront, and the new Fall River Train Station set to open in 2025. Zoned for professional offices or up to eight residential units, with second- and third-floor sliders that open to walkout areas, ideal for potential decks with views. This property is perfectly positioned to benefit from the city’s revitalization and enhanced connectivity. Sold As-Is.
289 Bank St, Fall River, MA, 02720
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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