526 Third St

$2,250,000
Price
33
Beds
12,012 Sq. Ft.
$187 / Sq. Ft.
12,012
Sq. Ft.
$187
per Sq. Ft.

Description

Rare investment opportunity with unlimited potential! Choose to remain as rentals, or sell each unit off as a condo. This 11-unit building, built in 1985, offers all 11 units for sale along with full control of the HOA. Each unit is designed as a spacious 3-bedroom, single-level condominium, many 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...Rare investment opportunity with unlimited potential! Choose to remain as rentals, or sell each unit off as a condo. This 11-unit building, built in 1985, offers all 11 units for sale along with full control of the HOA. Each unit is designed as a spacious 3-bedroom, single-level condominium, many 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. Don’t miss this unique chance to own an income-producing asset with multiple exit strategies.
  1. Listed by Patriot Living Group • Lock and Key Realty Inc.
  2. Listed by Stacey Silvia • Lock and Key Realty Inc.

Property Details for 526 Third Street

Town
Fall River
Area
MA-Fall River
Garage Spaces
0
Parking Spaces
14.00
Parking Spaces Total
14
LISTING UPDATED: 12/22/2025 02:46 PM

Property Details for 526 Third Street

StatusPrice Changed
MLS #73436227
Days on Market89
Taxes$17,507 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1985
CountyBristol County

Location

Listing Courtesy of Lock and Key Realty Inc., Patriot Living Group; Lock and Key Realty Inc., Stacey Silvia
Add your commute

Building Information for 526 Third Street

Stories3Residences11Year Built1985Building Size-Lot Size0.29 AC / 12,802 SF

Payment Calculator

$12,577 per month

30 year fixed, 6.28% Interest

Principal and Interest

$11,118

Property Taxes

$1,459

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 526 Third Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
  • Living Area: 12012.0
  • Color: Heather
  • SqFt with Basement: No
  • Total Units: 11
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Carlton M. Viveiros
  • High School: B M C Durfee High School
  • Middle School: Morton Middle
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Num of Baths: 11.0
  • Num of Full Baths: 11
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 11.00
  • Bathrooms Total Integer: 11
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Vinyl / VCT
  • Interior Features: Storage, Bathroom With Tub & Shower, Open Floorplan, Internet Available - Unknown, Living Room, Kitchen
  • Interior Features: Internet Available - Unknown
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • SpaYN: No
  • Window Features: Insulated Windows, Screens
Exterior Features
  • Exterior Features: Balcony/Deck, Balcony, Rain Gutters, Varies per Unit
  • Exterior Features: Screens, Balcony
  • Fencing: Fenced/Enclosed
  • Lot Description: Cleared, Gentle Sloping
  • Roof Material: Rubber
  • Waterfront Features: River, Walk to, 1 to 2 Mile To Beach
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Assigned, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Assigned, Paved Driveway
  • Parking Features: Off-Street, Assigned, Paved Driveway
Utilities
  • Electric: 100 Amp Service
  • Green Energy Efficient: Thermostat
  • Heating: Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Audio/video recording devices are present at the property. 11 Condo units,"building" and HOA is to be transferred to buyer. Pro Forma is based on market rent. Seller has been not renewing leases for buyer benefit. We have no delinquencies! Building is quiet.
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:0I11 B:0000 L:0014
  • Assessments: $0
  • Book: 8955
  • Tax Year: 2025
  • Zoning: A-2
Building / Association Information
Living Characteristics
  • Beds Total: 33
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Levels: 3
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Zones: 12
Income / Expenses
  • Electricity: $600.00
  • Annual Expenses Source: Owner, Pro. Forma Available
  • GOI: $25,800.00
  • Gross Scheduled Income: $.00
  • Insurance: $4,600.00
  • GRE: $14,248
  • HTE: $0
  • RFS: $4,248
  • NOI: $11,552.00
  • Operating Expense: $14,248.00
  • WSE: $4,800.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Lease U3: Y
Unit 4 Description
  • Lease U4: Y
Rental Info
Rental Info
  • Total Actual Rent: $4,300.00

Property History for 526 Third Street

DateEvent & SourcePriceAppreciation
Dec 22, 2025

Price Change

MLS PIN #73436227

$2,250,000
Nov 7, 2025

Price Change

MLS PIN #73436227

$2,500,000
Sep 26, 2025

Listed (Active)

MLS PIN #73436227

$2,250,000
Apr 9, 2016

Sold (Public Record)

Public Record #571565279

$40,000
DateEvent & SourcePrice
12/22/2025

Price Change

MLS PIN #73436227

$2,250,000
11/07/2025

Price Change

MLS PIN #73436227

$2,500,000
09/26/2025

Listed (Active)

MLS PIN #73436227

$2,250,000
04/09/2016

Sold (Public Record)

Public Record #571565279

$40,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 526 Third Street

Taxable ValueLand-Additions-Total-
Home Facts
Baths12Total Finished SqFt14,350 SqFtAbove Grade Finished SqFt14,350 SqFtUnfinished Basement SqFt705 SqFtLot Size12,802 SqFtStyleGovernmental / Public UseYear Built1985ZoningA-2CountyBRISTOLAPNFALL M:0I-11 B:0000 L:0014

Schools near 526 Third Street

This home is within Fall River School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 7 to 12
Public - 1 to 12
Rating
School
Distance
Henry Lord Community School
PublicPK to 8

B M C Durfee High School
Public9 to 12

Resiliency Preparatory Academy
Public7 to 12

Stone Day School
Public1 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

526 Third Street is a multi-family home for sale in Fall River, MA 02721. This property was listed for sale on September 26, 2025 by Lock and Key Realty Inc., it's currently listed at $2,250,000. It has been on the market for a total of 89 days and was last sold on April 9, 2016. This listing's school district is Fall River School District. Nearby schools include Henry Lord Community School, B M C Durfee High School and Resiliency Preparatory Academy. 526 Third Street is a 33-bed, 11-bath, 12,012 sqft multi-family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Lock and Key Realty Inc., Patriot Living Group; Lock and Key Realty Inc., Stacey Silvia

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.