5-9 Family at 526 3rd St, Fall River MA 02721, Fall River
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35 photos

$1,950,000

526 3rd St, Fall River MA 02721
Fall River, MA 02721
Listed by The J. Pavao Team
Bedrooms
30
Bathrooms
10
Living area
11,772 sqft
Year built
1985

About this home

INVESTORS DREAM- 10-UNIT CONDOMINIUM PACKAGE offering full control of the HOA and exceptional investment flexibility. Each unit consists of a spacious single-level 3-bedroom layout with in-unit laundry. Most units are currently occupied, with some recent vacancies providing immediate value-add potential through lease-up or resale. Each condominium is separately metered and 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. Investors can capitalize on strong rental demand by maintaining the property as a cash-flowing asset or pursue a phased condominium sell-off strategy to maximize returns. Whether you're seeking long-term income, value-add upside, or multiple exit strategies, this unique offering presents a rare opportunity in today's market. Don't miss your chance to control an entire

Property details

MLS
MLS Property Information Network
MLS #
73591593
Property type
5-9 Family
Subdivision
N/A
Status
Active
Days on market
1
On market date
October 15, 2026
Stories
5
Total bathrooms
10
Garage spaces
N/A
Parking spaces
15
Lot size
0.29 acres
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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
0.49 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
Matthew J Kuss Middle
1.17 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
707
Student:teacher ratio
13.9:1
District
Fall River
HighCharter
Argosy Collegiate Charter School
0.48 mi away · Grades 6-12
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
566
Student:teacher ratio
13.2:1
District
Argosy Collegiate Charter School (District)

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).

85
Highly walkable
out of 100
EPA National Walkability Index
15.0 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies7

Market position

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

On the market 1 days -- 107 fewer days than Fall River's current average of 108 days.
For reference, the median list price across 721 active listings in Fall River right now is $379,000.

Mortgage calculator

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

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Est. monthly payment
$11,893/mo
$390,000 down
$1,560,000 loan
Principal & interest$10,118
Property tax (est.)$1,625
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 1 days ago.

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.