$849,000
18
Beds
6/2
Baths
5,080
Living Area
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Property Description
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.
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Highlights
- Has View: Yes
- Parking Spots: 1
- Property Type: 5+ Family - Rooming House
- Total Rooms: 18
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
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Additional Details
- Basement: Full, Interior Entry, Bulkhead, Unfinished
- Exclusions: Tenants Belongings
- Foundation: Granite, Irregular
- Road Frontage Type: Public
- SqFt Source: Public Record
- View: City View(s)
- Year Built Source: Public Records
- Construction: Frame
- Flooring: Varies
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 18
- Year Built Details: Approximate
- Zoning: B-b
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Amenities
- 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
- Parking Features: Paved Drive, Off Street, Driveway
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Utilities
- Electric: Circuit Breakers, 200+ Amp Service, Common
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $467,400
- Tax Year: 2026
- Rental Fee Includes: Unit 1(Heat, Electric, Water, Hot Water), Unit 2(Heat, Electric, Water, Hot Water)
- Taxes: $5,351
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Listing information provided courtesy of Lamacchia Realty, Inc..
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