10-Unit Condominium
For Sale
$2,000,000
526 3rd St, Fall River, MA 02721
Ten separately metered condominium units with in-unit laundry and individual heating and hot water systems.
Property Size11,772 SF
Days on Market54
Property Features for 526 3rd St
General Information
Standard status
Active
Size
11,772 SF
Property subtype
Investment
Additional Details
Multifamily Units
10
Taxes and HOA fees
Annual Taxes
$17,507
Building Details
Building Size
11,772 SF
Year Built
1985
Stories
5
Units
10
Listing Agency:
Keller Williams South Watuppa
(774) 319-1169
Listed By:
The J. Pavao Team
(774) 319-1169
Source:
Elliman
Added: Jun 22
Changed: Aug 8
Last Checked: Aug 13 at 7:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams South Watuppa
Investment Insights
Based on property information with market context.
This offering is a 10-unit condominium package designed to give ownership control of the HOA. Each unit features a spacious single-level three-bedroom layout and includes in-unit laundry. The homes are separately metered, with each condominium equipped with its own gas-fired forced hot air heating system, gas hot water heater, and individual electric service. A single owner meter services the common areas and exterior needs. According to the seller, most units are currently occupied, with some recent vacancies.
The property is located at 526 3rd St in Fall River, MA 02721. The provided accessibility metrics indicate a BikeScore of 67 (Bikeable) and a WalkScore of 86 (Very Walkable), along with a TransitScore of 43 (Some Transit).
This configuration can fit investors or owner-operators looking for a property with well-defined, independently serviced residential units. Separate metering and individual utility systems may simplify ongoing operations, while the current mix of occupancy and recent vacancies can support an owner’s plan to stabilize rents and manage unit turnover through leasing or resale within the condominium framework.
The property is located at 526 3rd St in Fall River, MA 02721. The provided accessibility metrics indicate a BikeScore of 67 (Bikeable) and a WalkScore of 86 (Very Walkable), along with a TransitScore of 43 (Some Transit).
This configuration can fit investors or owner-operators looking for a property with well-defined, independently serviced residential units. Separate metering and individual utility systems may simplify ongoing operations, while the current mix of occupancy and recent vacancies can support an owner’s plan to stabilize rents and manage unit turnover through leasing or resale within the condominium framework.
Key Highlights
- 10‑unit condominium package; each unit has a spacious single‑level 3‑bedroom layout with in‑unit laundry
- Ten separately metered units with individual electric service
- Each unit has its own gas‑fired forced hot air heating system and gas hot water heater
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 02721, MA
28,075
Population
12,358
Households
2.3
Avg Household Size
38
Median Age
15%
College-Educated
73%
High-School Grad
4.0 sq mi
ZIP Area
7,019
Density / Sq Mi
$50,666
Median Household Income
$40,315
Median Earnings
$1,010
Median Rent
$362,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Ten separately metered condominium units with in-unit laundry and individual heating and hot water systems.
Where is this apartment building located?
The property is located at 526 3rd St Fall River, MA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 10‑unit condominium package; each unit has a spacious single‑level 3‑bedroom layout with in‑unit laundry; Ten separately metered units with individual electric service; Each unit has its own gas‑fired forced hot air heating system and gas hot water heater
