Fall River, MA 02721,526 3rd St
Fall River, MA 02721,526 3rd St
Fall River, MA 02721,526 3rd St
Fall River, MA 02721,526 3rd St
Fall River, MA 02721,526 3rd St
Fall River, MA 02721,526 3rd St
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$ 2,250,000
Est. payment | /mo

33 Beds

11 Baths

12,012 SqFt


Save
$ 2,250,000
Est. payment | /mo
Save

33 Beds

11 Baths

12,012 SqFt

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

Acres 0.29

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

Direction GPS Friendly - One Way Street

Interior

Interior Features Storage, Bathroom With Tub & Shower, Open Floorplan, Internet Available - Unknown, Living Room, Kitchen

Heating Natural Gas

Flooring Tile, Vinyl / VCT

Appliance Range, Refrigerator

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

Total Parking Spaces 15

Garage No

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

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

Listed by Lock and Key Realty Inc.
Desiree Taylor

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(978) 269-7185

dtaylor@desiredhomes.org

PO BOX 263, Salem, Massachusetts, 01970, United States

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