526 3rd St Fall River — Photo 1 of 35
Recent Drop: $50,000
$1,950,000
Investment Analysis — 526 3rd St
Fall River, MA 02721
Based on rent reported on the MLS listing, a 10-unit multi-family in 02721 carries $7,400/mo in gross rent — about a 2.56% cap rate and $49,981/yr in estimated NOI at the $1,950,000 list price. Adjust every assumption in the calculator below.
Beds
30
Baths
10
SqFt
11,772
Style
5-9 Family
Built
1985
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
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Medical Facility • Laundromat • Highway Access • House of Worship • Public School
Geography
Property History
$1,950,000
Was $2,000,000
Sep 15, 2026
MLS® 73539036
$2,000,000
Jun 19, 2026
MLS® 73539036
$2,500,000
May 22, 2026
MLS® 73436227
$2,500,000
Sep 26, 2025
MLS® 73436227
Listing Agent: The J. Pavao Team
Listing Office: Keller Williams South Watuppa
MLS® Number: 73539036