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526 3rd St, Fall River, MA, 02721

36beds
12baths
12,012sqft
$2,500,000
$208price/sqft
$18,222/moest. monthly cost
$728,880/yrincome needed

About This Home

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 units for sale along with full control of the HOA. Each unit is designed as a spacious 3-bedroom, single-level condominium, 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.

Getting Around

91
WalkingWalker's Paradise
50
TransitGood Transit
58
BikeBikeable

Schools

4/10
2/10
B M C Durfee High SchoolGrades 9-122.0 mi

Construction

Condition

  • Year built: 1985

Materials

  • Foundation: Concrete Perimeter
  • Roof: Rubber

Type & Style

  • Home type: MultiFamily
  • Property subType: 5+ Family - 5+ Units Up/Down

Interior

Appliances

  • Appliances included: Range,Refrigerator
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 36
  • Bathrooms: 12
  • Full bathrooms: 12

Features

  • Storage,Bathroom With Tub & Shower,Open Floorplan,Internet Available - Unknown,Living Room,Kitchen
  • Window features: Insulated Windows,Screens
  • Flooring: Tile,Vinyl / VCT,Hardwood
  • Finished area above ground: 12,012

Heating

  • Heating features: Natural Gas

Interior Area

  • Total structure area: 12,012
  • Total interior livable area: 12,012 sqft

Property

Details

  • Parcel number: M:0I11 B:0000 L:0014
  • Zoning: A-2

Features

  • Exterior features: Balcony/Deck,Balcony,Rain Gutters,Varies per Unit
  • Fencing: Fenced/Enclosed
  • Waterfront features: River,Walk to,1 to 2 Mile To Beach

Lot

  • Lot size: 0.29 Acres
  • Features: Cleared,Gentle Sloping

Parking

  • Total spaces: 15
  • Parking features: Paved Drive,Off Street,Assigned,Paved
  • Has uncovered spaces: Yes
  • Uncovered spaces: 15