Off Market
526 Third St, Fall River, MA
Fall River · MA 02721
- $2,500,000
- Price
- 36
- Beds
- 12
- Baths
- 12012
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1985
Units:
12 Units
Lot size:
0.29 Acre Lot
Price per square foot:
$208 / Sq.Ft
Parking:
15 Off Street Spaces
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.
Neighborhood & Transit
526 Third St, Fall River · MA 02721
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 302 days
- Listing Price:
- $2,500,000
- Price per Sq.Ft:
- $208
- Tax Assessment:
- Unknown
- Taxes:
- $1,459 / Monthly
Home Facts
Interior Features
- Bedrooms
- 36
- Full Bathrooms
- 12
- Half Bathrooms
- 0
- Living Area
- 12,012 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 12012
- Flooring
- Unknown
- Lead paint
- None
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 100 Amps
Exterior Features
- Lot Size
- 12,802 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 15 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Patriot Living Group
- Listing office
- Lock and Key Realty Inc.
- MLS PIN #
- 73436227
- Disclosure
- Audio/video recording devices are present at the property. 11 Condo units, building and HOA is to be transferred to buyer. Pro Forma is based on market rent. Seller has been not renewing leases for buyer benefit. We have no delinquencies! Building is quiet.