aisellshomes.space

$995,000

New

517 South Main St

Fall River, MA, 02721

Multi-Family · MLS #73533942

Price/sqft

$196

Days on market

2 days

Year built

1900

Lot size

0.11 ac

5,080 sq ft

Sq Ft

0.11 acres

Lot

1900

Year Built

Taxes: $5,351.73 (2026)

About this home

Welcome to 517 South Main Street just steps from downtown, this three-story rooming house offers immediate access to all city amenities and consistent demand from local renters. The property features 18 rentable units, each pre-furnished, creating a turnkey setup for steady occupancy and streamlined management. Each floor includes a community bathroom, while several units offer enhanced private features: 4 units with full bathrooms, 9 rooms with private showers, 4 units equipped with kitchenettes, and every unit includes its own sink. Rents, appliances, and layouts vary by unit, allowing for flexible pricing strategies and value-add potential. The building is clean, well-maintained, and benefits from strong tenant continuity, making it an attractive option for investors seeking reliable cash flow.

Location

517 South Main St, Fall River, MA, 02721

Property details

Road type
Public, Paved, Publicly Maint., Sidewalk
Basement
Full, Interior Access, Bulkhead, Unfinished Basement
Electric
Circuit Breakers, 200 Amps, Common

Listed by John Viveiros · Lamacchia Realty, Inc.

Schedule a showing

517 South Main St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$5,892 / month

Down payment20% · $199,000
Interest rate6.50%

Loan term

Principal & interest
$5,031
Property tax
$446
Home insurance
$415

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

Compare

Similar homes in Fall River