BEDS36
BATHS12 full
SQUARE FEET12,012
MLS#73436227
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
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. Dont miss this unique chance to own an income-producing asset with multiple exit strategies.
Property Features
Property Type: Multi Unit - Multiple
Fenced: Yes
Heating: Natural Gas
Lot Size: 0.29 Acres
Roof Type: Rubber
Stories: 3.0
Taxes: $17,507
Year Built: 1985
Amenities
Storage
Bathroom With Tub & Shower
Open Floorplan
Internet Available - Unknown
Living Room
Kitchen
Balcony/Deck
Balcony
Rain Gutters
Varies per Unit
Feature Descriptions
Appliances: Range, Refrigerator
Building Area Total: 12012
Community Features: Public Transportation, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 205
Dwelling Type: 5+ Family - 5+ Units Up/Down
Electric: 100 Amp Service
Fencing: Fenced/Enclosed
Flooring: Tile, Vinyl / VCT, Hardwood
HeatingY/N: 1
Laundry: Electric Dryer Hookup, Washer Hookup
Lot Features: Cleared, Gentle Sloping
Open Parking Y/N: Yes
Parcel Number: M:0I11 B:0000 L:0014
Parking Features: Paved Drive, Off Street, Assigned, Paved
Parking Total: 15
Rent Includes: Unit 1(Water, None)
Rooms Total: 60
Sewer: Public Sewer
Units: 12
Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
Water: Public
Waterfront Features: River, Walk to,1 to 2 Mile To Beach
Window Features: Insulated Windows, Screens
Local Schools
High School: B M C Durfee High School
Middle School: Morton Middle
Elementary School: Carlton M. Viveiros
Listed By / Shown By
Listed By
Agency Name: Lock and Key Realty Inc.
Agency Phone: 413-282-8080
Agent Name: Patriot Living Group
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 7,752.00 per month $5,563.92 Principal & Interest $1,458.92 Property Tax $729.17 Homeowner's Insurance
526 3rd St | MLS# 73436227
This multi-family property located at 526 3rd St, Fall River, MA 02721 is currently listed for sale with an asking price of $2,500,000. Search Fall River real estate on www.masiellogrouprealestate.com today.