248-250 Jefferson St, Fall River, MA 02721

• 6 beds |
• 3 baths |
• 4,266 sqft

Property Description

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.

Listing Status:

Active

Date Added:

February 12, 2026

Data Last Updated:

July 31, 2026 at 3:07AM

Listing Office:

ALANTE Real Estate : 855-450-0442

Listing Agent:

Jennifer Eaton : 508-944-8161

MLS ID:

73476887

Interior

• General: PantryStone/Granite/Solid CountersBathroom With Tub & ShowerLiving RoomDining RoomKitchen
• Appliances: RangeRefrigeratorFreezer
• Flooring: TileVinylHardwoodStone/Ceramic Tile
• A/C: DuctlessNone
• Heating: Natural GasDuctless
• Fireplace: Fireplaces: 0

Exterior

• Parking: Parking spaces: 5

Construction

• Roofing: Shingle
• General: 3Concrete Perimeter

Location

• Road/Access: Public
• Originating MLS: MLS Property Information Network
• County: Bristol

Lot

• Zoning: CMDM:0F04 B:0000 L:0016

Utilities

• Utilities: for Electric Rangefor Electric Oven
• Water: Public
• Sewer: Public Sewer

Financial

• Source: MLS Property Information Network
• Exclusions: Washer And Dryer