$995,000
517 South Main St
Fall River, MA, 02721
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.
Property Details
Price:
$995,000
MLS #:
73533942
Status:
Active
Beds:
18
Baths:
7
Type:
Multi Family
Subtype:
5+ Family – Rooming House
Listed Date:
Jun 5, 2026
Finished Sq Ft:
5,080
Total Sq Ft:
5,080
Lot Size:
4,591 sqft / 0.11 acres (approx)
Year Built:
1900
Units:
18
Schools
Interior
Above Grade Finished Area
5080
Bathrooms
6 Full Bathrooms, 2 Half Bathrooms
Flooring
Varies
Levels
3
Exterior
Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Sidewalks
Construction Materials
Frame
Lot Features
Level
Open Parking Spaces
1
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Driveway
Parking Spots
1
Parking Total
1
Patio And Porch Features
Porch
Roof
Shingle
Stories
3
View
City View(s)
Financial
Tax Year
2026
Taxes
$5,352
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Fall River as of Jun 20, 2026
141
Multi Family Listed
168
Avg DOM
208
Avg $ / SqFt
$807,463
Avg List Price
Community
- Address517 South Main St Fall River MA
- CityFall River
- CountyBristol
- Zip Code02721
Subdivisions in Fall River
Similar Listings Nearby
Property Summary
- 517 South Main St Fall River MA is a Multi Family for sale in Fall River, MA, 02721. It is listed for $995,000 To schedule a showing of MLS#73533942 at 517 South Main St in Fall River, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Right Choice Real Estate. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
517 South Main St
Fall River, MA