$2,500,000

526 3rd St, Fall River, MA 02721

  • 36 beds |
  • 12 baths |
  • 12,012 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1985
  • Property Lot Size Icon0.29acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $208/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Rare investment opportunity with unlimited potential! Choose to remain as rentals, or sell each unit off as a condo. This 12-unit building, built in 1985, offers all 12 units for sale along with full control of the HOA. Each unit is designed as a spacious 3-bedroom, single-level condominium, many featuring in-unit laundry. With most units currently rented and a few recent vacancies, this is the perfect chance for a savvy investor to choose the path forward—either re-rent for strong cash flow or sell individually as condos. Each unit is separately equipped with its own gas-powered forced hot air heating system, gas hot water heater, and individual electric service. Building owner meter covers common areas and exterior needs. This flexible investment allows you to pivot as market conditions evolve—continue steady rental income or begin a phased condo sell-off strategy. Don’t miss this unique chance to own an income-producing asset with multiple exit strategies.

Listing Status:
Active
Date Added:
September 26, 2025 at 05:00AM
Listing Office:
Lock and Key Realty Inc. : 413-282-8080
Listing Agent:
Patriot Living Group : 413-271-7511
MLS ID:
73436227
  • General: StorageBathroom With Tub & ShowerOpen FloorplanInternet Available - UnknownLiving RoomKitchen
  • Appliances: RangeRefrigerator
  • Laundry: Electric Dryer HookupWasher Hookup
  • Flooring: TileVinyl / VCT
  • Heating: Natural Gas
  • Fireplace: Fireplaces: 0
  • Eco/Green Feature: Thermostat
  • General: Balcony/DeckBalconyRain GuttersVaries per Unit
  • Parking: Paved DriveOff StreetAssignedPaved
  • Roofing: Rubber
  • Windows: Insulated WindowsScreens
  • General: 3Concrete Perimeter
  • Road/Access: Public
  • Originating MLS: MLS Property Information Network
  • County: Bristol
  • Zoning: A-2M:0I11 B:0000 L:0014
  • Fencing: Fenced/Enclosed
  • Utilities: for Gas Rangefor Electric Rangefor Electric DryerWasher Hookup100 Amp Service
  • Water: Public
  • Sewer: Public Sewer
  • Source: MLS Property Information Network

This listing courtesy of Patriot Living Group, Lock and Key Realty Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

John J Doran

101 Fountain St, Fall River, MA, 02721

Grades PK-8

0.49 miles away

J

John J Doran

101 Fountain St, Fall River, MA, 02721

Grades PK-8

0.49 miles away

B

B M C Durfee High School

360 Elsbree St, Fall River, MA, 02720

Grades 9-12

1.90 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.