Price Reduced 18.00%
526 3rd St, Fall River, MA, 02721
60 rooms
33 beds
10 Full baths
1985
12,012 sqft
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 10 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.
Status:
Pending
Type:
Multi-family
Laundry Remarks:
Electric Dryer Hookup, Washer Hookup
Units:
10
Zoning:
A-2
Heating:
Natural Gas
Energy Features:
Thermostat
Levels:
3
Parking:
14-car, Paved Drive, Off Street, Assigned, Paved
Acreage:
0.29
Est. Taxes:
$17,507
Utilities
for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
Lot Description:
Cleared, Gentle Sloping
Amenities:
Public Transportation, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
Elementary School:
Carlton M. Viveiros
Middle School:
Morton Middle
High School:
B M C Durfee High School
Appliances:
Range, Refrigerator
MLS #:
73436227
Community Info
School Info
Walk Score
Mass Transit
Yelp
Listing courtesy of Patriot Living Group, Lock and Key Realty Inc.