$2,500,000
526 3rd St
Fall River, MA, 02721
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.
Property Details
Price:
$2,500,000
MLS #:
73436227
Status:
Active
Beds:
36
Baths:
12
Address:
526 3rd St
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
City:
Fall River
Listed Date:
Sep 26, 2025
State:
MA
Finished Sq Ft:
12,012
Total Sq Ft:
12,012
ZIP:
02721
Lot Size:
12,802 sqft / 0.29 acres (approx)
Year Built:
1985
Units:
12
Schools
Elementary School:
Carlton M. Viveiros
Middle School:
Morton Middle
High School:
B M C Durfee High School
Interior
Appliances
Range, Refrigerator
Bathrooms
12 Full Bathrooms
Flooring
Tile, Vinyl / V C T
Heating
Natural Gas
Laundry Features
Electric Dryer Hookup, Washer Hookup
Exterior
Community Features
Public Transportation, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
Exterior Features
Balcony/ Deck, Balcony, Rain Gutters, Varies per Unit
Parking Features
Paved Drive, Off Street, Assigned, Paved
Parking Spots
15
Roof
Rubber
Financial
Tax Year
2025
Taxes
$17,507
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of Lock and Key Realty Inc.. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
526 3rd St
Fall River, MA
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