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517 South Main St

Fall River, MA 02721
$849,000
18 Beds
6/2 Baths
5,080 Living Area
  • 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.
  • 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
  • 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
  • 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
  • Utilities
    • Electric: Circuit Breakers, 200+ Amp Service, Common
    • Water Source: Public
    • Sewer: Public Sewer
  • 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

Location

517 South Main St, Fall River, MA 02721

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Lamacchia Realty, Inc.. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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