517 South Main St, Fall River, MA 02721
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$849,000
18 Unit
18 Beds
8 Baths
5080 SQFT
0.11 Acre

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.

Property Details tap to expand

Building Information

  • Total Units: 18
  • Total Floors: 3
  • Total Bedrooms: 18
  • Total Full Baths: 6
  • Total Half Baths: 2
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, T-Station, Tennis Court, University, Walk/Jog Trails
  • Basement Features: Bulkhead, Full, Interior Access, Unfinished Basement

Financial

  • APOD Available: Yes
  • Expenses Source: Other (See Remarks), Owner Provided

Utilities

  • Electric Info: 200 Amps, Circuit Breakers, Common, Other (See Remarks), Underground
  • Utility Connections: Varies per Unit
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric, Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 2 Description

  • Included in Rent: Electric, Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5+ Family - Rooming House
  • Construction Type: Aluminum, Frame
  • Foundation Info: Granite, Irregular
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73533942
  • Last Updated: 08/22/26
  • Terms: Assumable, Seller W/Participate

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/22/2026Active$849,000$167MLSPIN
08/18/2026Price Change$849,000$167MLSPIN
07/24/2026Active$895,000$176MLSPIN
07/20/2026Price Change$895,000$176MLSPIN
06/14/2026Active$995,000$196MLSPIN
06/10/2026New$995,000$196MLSPIN

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Seller's Representative: John P. Viveiros, Lamacchia Realty, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-08-22 03:05:00

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