Condominium at 550 Spring St # 1, Fall River MA 02721
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$395,000

550 Spring St # 1, Fall River MA 02721
Fall River, MA 02721
Listed by Derick Freitas
Bedrooms
3
Bathrooms
2.5
Living area
1,920 sqft
Year built
2023

About this home

Welcome to this newer, low-maintenance townhouse-style condo with plenty of space and a layout that gives you a lot of options.Built just 3 years ago, this townhouse-style condo offers the peace of mind that comes with newer construction. You can enjoy worry-free living without having to immediately worry about many of the major, big-ticket maintenance items that can come with an older property. It has modern finishes, a great layout, and plenty of storage throughout.The first floor has a nice open feel with plenty of closet space in the hallway. There is also a first-floor bedroom that could be used for guests, an office, or whatever works best for you. A large additional area gives you plenty of flexibility and could be used as a living room, TV room, playroom, home office, or whatever you need. There is also a full bathroom on this level. Sliding doors lead out to the backyard and vinyl deck, giving you a great spot to relax, grill, or enjoy some fresh air.The second floor is where you'll find the large open-concept kitchen and living area. The kitchen has a tasteful backsplash, plenty of cabinet space, a large pantry, and a big island that gives you plenty of room for cooking, entertaining, or just hanging out. The kitchen opens right into the living area, making this floor a great space for having friends and family over. There is also a convenient half bathroom on this level.The third floor features two large bedrooms, both with plenty of closet space. The full bathroom has a tile floor and a large walk-in shower that is fully tiled. The washer and dryer are conveniently located just outside the bathroom, making laundry a little easier and keeping everything right where you need it.With three levels of living space, multiple bedrooms and flexible rooms, lots of storage, modern finishes, outdoor space, and the benefit of being only 3 years old, this townhouse-style condo offers a great combination of space, comfort, and easy living. If you're looking for a place where you can move in and enjoy it without having to take on a long list of major maintenance projects, this is definitely worth a look.

Property details

MLS
MLS Property Information Network
MLS #
73565708
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
65
On market date
August 19, 2026
Stories
3
Total bathrooms
2.5
Garage spaces
N/A
Parking spaces
2
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
John J Doran
0.54 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
495
Student:teacher ratio
13.4:1
District
Fall River
Middle
Morton Middle
1.3 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
694
Student:teacher ratio
13.3:1
District
Fall River
High
Resiliency Preparatory Academy
0.55 mi away · Grades 7-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
109
Student:teacher ratio
5.7:1
District
Fall River

Walkability

Blended score for Fall River's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

89
Highly walkable
out of 100
EPA National Walkability Index
16.3 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks19
Schools20
Transit stops20
Pharmacies8

Market position

How this listing compares to current activity in Fall River, from live MLS data.

On the market 65 days -- 46 fewer days than Fall River's current average of 111 days.
For reference, the median list price across 733 active listings in Fall River right now is $375,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,529/mo
$79,000 down
$316,000 loan
Principal & interest$2,050
Property tax (est.)$329
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 23, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.