Why Buy With McPherson?
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About This Project
Welcome to the historic St. Louis Schoolhouse - a unique project that brings new life to a treasured Fall River landmark. Thoughtfully redeveloped by McPherson Development, the former school has been transformed into modern one- and two-bedroom condos that honor the building’s history while offering all the comforts of contemporary living.
It’s more than just a place to live - it’s an opportunity to own a property with character, community, and lasting value. Don’t miss your chance - take the first step today!
What Do We Offer?
Condo Amenities
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ADA-compliant accessibility
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Vertical lift & elevator
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In-unit laundry, central AC, on demand hot water system
Contemporary Design
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High-end counter tops
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Contemporary cabinet design
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Floating vanities
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European multi-directional tilt and turn oversized windows
Modern Features
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New appliances
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LED recessed lighting with smart wi-fi light switches
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Trash chutes on every floor
Community
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Conference room & co-working space
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Bike storage & outdoor balcony
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Mail & storage room
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Security camera system
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18 parking spaces
You Could Qualify If You:
💼 Get pre-approved for a mortgage
💰 Have household income up to $114,000 (varies by household size)
🏛️ Have less than $150,000 in household assets
📝 Simply Fill out the application form
MassHousing offers affordable mortgage loans and down payment assistance of up to $30,000.
Need help finding a lender who specializes in first-home buyers to help you through the process? https://www.masshousing.com/lenders
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FAQ
1. How many condos are available?
There are 18 one- and two-bedroom condos in the building, each with its own dedicated parking space.
2. What makes these condos unique?
They’re located in the historic St. Louis Schoolhouse, blending preserved architectural charm with all-new modern finishes and amenities.
3. Are the condos affordable housing units or market-rate?
They are designed to be affordable for working families and individuals, with income eligibility requirements.
4. What amenities are included?
Each condo offers in-unit laundry, central air, modern kitchens, and access to ADA-compliant features like an elevator and vertical lift.
5. Is parking available?
Yes, each condo includes one dedicated parking space.
6. Is the building accessible?
Yes — the building is fully ADA-compliant with an elevator and vertical lift at the main entrance.
7. What’s included in the monthly HOA/condo fee?
Maintenance, trash removal, etc.
8. Where is the Schoolhouse located?
It’s in Fall River, close to local shops, restaurants, and commuter routes, making it convenient for both work and leisure.
9. How do I apply or schedule a tour?
Prospective buyers can apply online and schedule showings through McPherson Development. Contact us now: Doris M. Arruda - (774) 263-8027, dorismaruda@gmail.com
10. Why buy instead of rent?
Ownership here means building equity, enjoying stability, and living in a home that’s truly yours — at a cost designed to be within reach.
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Address
403 Division Street, Fall River, MA 02721