Description
INVEST IN FALL RIVER! Site plan review is approved. With residential space becoming more and more scarce in Fall River, this property is ready for a developer. Approved for 8 townhouses (3 bed, 2 bath units) and 16 parking spots. Sitting on an approx. 26,000 sq ft lot, there is already a spacious parking lot with an abandoned building that will need to be torn down in order to build. Fall River first time buyers can qualify for grants towards their purchase of these completed townhouses. If you build these and you decide to hold them for a while, each unit will rent for approx. $2,000 a month ($16,000 total). Before you go, look around the neighborhood! Just around the corner, sits the newly renovated “Curtain Lofts,” apartment complex, and several other revitalized mills and buildings.
Location
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8 Beds
11 Baths
15,332 Sq ft
$48,000,000
MLS# 73006459
ACTIVE
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Listing Agent: David Ferreira
Listing Office: Fortified Realty Group
Attribution contact: 508-567-1532 | 508-762-4777
