529 Eastern AveFall River, MA 02723
529 Eastern Avenue presents a rare redevelopment opportunity in Fall River. Formerly a rectory faith based building, the property is currently vacant and has been approved for conversion into 14 residential units. The project also benefits from over $1.6 million in awarded historic tax credits, making it particularly attractive to developers seeking tax-advantaged investments. Located in a growing market with strong demand for multifamily housing, the property is positioned as a value-add opportunity for investors ready to reposition the site into high-demand residential use. Investment Highlights: Significant value-add potential through multifamily conversion, approved tax credits reduce overall project costs and increase ROI, opportunity to deliver much-needed residential housing to the South Coast market, strong rental demand in Fall River with year-over-year rent growth.
| 4 weeks ago | Listing updated with changes from the MLS® | |
| a month ago | Listing first seen on site |
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Last checked 2025-10-13 07:45 PM UTC
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