526 3rd St Active Save Request In-Person Tour Request Virtual Tour
Fall River,MA 02721
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 12,012 sqft
Price per Sqft $187
MLS Listing ID 73436227
Bedrooms 33
Full Baths 11
Year Built 1985
Annual Tax Amount $17,507
Tax Year 2025
Lot Size 0.290 Acres
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
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.
Location
State MA
County Bristol
Zoning A-2
Interior
Heating Natural Gas
Flooring Tile,Vinyl / VCT
Laundry Electric Dryer Hookup,Washer Hookup
Exterior
Exterior Feature Balcony/Deck,Balcony,Rain Gutters,Varies per Unit
Fence Fenced/Enclosed
Community Features Public Transportation,Medical Facility,Laundromat,Highway Access,House of Worship,Private School,Public School
Utilities Available for Gas Range,for Electric Range,for Electric Dryer,Washer Hookup
Waterfront Description River,Walk to,1 to 2 Mile To Beach
Roof Type Rubber
Building
Lot Description Cleared,Gentle Sloping
Story 3
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
Elementary Schools Carlton M. Viveiros
Middle Schools Morton Middle
High Schools B M C Durfee High School
Others
Acceptable Financing Contract
Listing Terms Contract