526 3rd St, Fall River MA 02721

Fall River, MA 02721
$2,250,000
Est. $11,975/month
33
Beds
11
Baths
12,012
Sq Ft
$187
Price/Sq Ft
0.29
Acres
1985
Year Built
5+ Family - 5+ Units Up/Down
Type
18 hours 13 minutes
Time on Market
Active Listed Sep 27, 2025 • MLS# 73436227

About this home

Rare investment opportunity with unlimited potential! This 12-unit building, built in 1985, offers 11 of the 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. Group showings only, with a select sampling of units available for viewing. Don’t miss this unique chance to own an income-producing asset with multiple exit strategies.

Facts & Features

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Property Category
Residential Income
Year Built
1985
Bedrooms
33
Full Bathrooms
11
Living Area
12,012 sq ft
Total Rooms
55
Stories
3
Levels
3

Interior Features

Flooring
Tile, Vinyl / VCT
Heating
Natural Gas
Has Heating
Yes
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Storage, Bathroom With Tub & Shower, Open Floorplan, Internet Available - Unknown, Living Room, Kitchen
Laundry Features
Electric Dryer Hookup, Washer Hookup
Window Features
Insulated Windows, Screens

Exterior & Structure

Roof
Rubber
Foundation
Concrete Perimeter
Exterior Features
Balcony/Deck, Balcony, Rain Gutters, Varies per Unit
Fencing
Fenced/Enclosed
Has Spa
No
Waterfront Features
River, Walk to, 1 to 2 Mile To Beach
Waterfront Property
No

Lot & Land

Lot Size
0.29 acres
Lot Size
12,802 sq ft
Lot Size Area
0.2900
Lot Features
Cleared, Gentle Sloping
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
15
Parking Features
Paved Drive, Off Street, Assigned, Paved

Utilities & Systems

Utilities Available
for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
100 Amp Service
Energy Efficient Features
Thermostat

Community & HOA

Community Features
Public Transportation, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$17,507
Tax Year
2025
Tax Assessed Value
$0
Parcel Number
M:0I11 B:0000 L:0014,4450783
Zoning
A-2
Financial Data Source
Owner, Pro. Forma Available

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Audio/video recording devices are present at the property. 11 Condo units, "building" and one HOA is to be transferred to buyer. Pro Forma is based on market rent. Seller has been not renewing leases for buyer benefit. We have no delinquencies.
Listing Terms
Contract

Location

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Neighborhood

526 3rd St, Fall River MA 02721

Fall River, MA 02721

Walkability

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Schools

Elementary School
Carlton M. Viveiros
Rating information coming soon
Middle School
Morton Middle
Rating information coming soon
High School
B M C Durfee High School
Rating information coming soon

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $1,459
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
Sep 26, 2025
$2,250,000
Original listing
Agent: Patriot Living Group Office: Lock and Key Realty Inc.

Price & Status History

Date Event Price Change
Sep 26, 2025 New Listing Added $2,250,000

Market Statistics

Time on Market
18 hours 13 minutes
Price per Sq Ft
$187

Tax History

Year Taxes Assessment
2025 $17,507 $0

Financial Details

Annual Property Tax
$17,507
Tax Year 2025
Assessed Value
$0

Listing Information

Listing Agent Patriot Living Group
Listing Office Lock and Key Realty Inc.
Agent MLS ID TM336290
Office MLS ID AN5521

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