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.
- Heating System:
- Natural Gas
- Parking:
- Assigned, Off Street, Paved, Paved Drive
- Appliances:
- Range, Refrigerator
- Exterior Unit Features:
- Balcony, Varies Per Unit, Rain Gutters, Balcony/deck
- Flooring:
- Tile, Vinyl / Vct, Hardwood
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Electric Feature:
- 100 Amp Service
- Garage Parking
- Interior Features:
- Internet Available - Unknown, Kitchen, Storage, Bathroom With Tub & Shower, Open Floorplan, Living Room
- Lead Paint:
- No
- Laundry Features:
- Washer Hookup, Electric Dryer Hookup
- Rent Fee Includes:
- Unit 1(Water, None)
- Grade School:
- Carlton M. Viveiros
- High School:
- B M C Durfee High School
- Middle School:
- Morton Middle
- Market Time:
- 175
- Parking Spaces:
- 15
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $208
- Zoning:
- A-2
- No Units:
- 12
- Orig Price:
- $2,250,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Fall River
- State:
- MA
- County:
- Bristol
- Postal Code:
- 02721
- Longitude:
- W72° 50' 31.5''
- Latitude:
- N41° 41' 42.5''
Residential Income
526 3rd St, Fall River, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $2,500,000
- Bedrooms :
- 36
- Rooms :
- 60
- Total Bathrooms :
- 12
- Full Bathrooms :
- 12
- Square Footage :
- 12,012 Sqft
- Year Built :
- 1985
- Lot Area :
- 0.29 Acre
- Listing ID :
- 73436227
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com