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    529 Eastern Ave Fall River, MA 02723

    For Sale
    $1,999,999

    Historic building approved for 14 residential units.

    Lot size:
    0.48 Acres

    Property Features for 529 Eastern Ave

    General Information

    Lot size
    0.48 Acres

    Building Details

    Year built
    1900

    Source: revolv Real Estate Agent Jade Garcia

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Building Redevelopment Opportunity

    Located at 529 Eastern Ave in Fall River, this property presents an exceptional redevelopment opportunity. Formerly the Notre Dame Church Rectory, the certified historic building is approved for conversion into 14 residential units, offering a solution to housing needs while maintaining its historic character. The building features hardwood floors, fireplaces, and detailed architectural elements throughout. The project benefits from $1.6 million in awarded historic tax credits and a $101,300 CPA/Historical Commission grant. Project plans are available upon request.
    Location Intelligence

    Current Use by Public Records

    Notre Dame Church Catholic Church

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.1316306
    Latitude
    41.6901414

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    FAQs

    What type of property is this?
    Apartment building - Historic building approved for 14 residential units.
    Where is this apartment building located?
    The property is located at 529 Eastern Ave Fall River, MA.
    What is the asking price?
    The asking price for this property is $1,999,999.
    What are key features of this property?
    This property features: - Redevelopment opportunity for 14 residential units in a certified historic building.; - Includes **$1.6M in awarded historic tax credits.**; - Features **beautiful hardwood floors, fireplaces, and architectural detail.**
    (508) 493-2829
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    Fall River, MA 02723
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    529 Eastern Ave Fall River, MA 02723
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