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Active

517 South Main St, Fall River MA 02721

$995,000

Estimated $2,059/month Calculator

Multi Family

Total Units: 18

Price Per Unit: $55,277.78

Total Rent: 0/year

Estimated CAP Rate:

18 Bedrooms

Baths

5080

Total Parking: 1

4,591 (0.11)

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.

This home has been viewed 17 times

Last Checked: June 15th, 2026 at 8:18am (Source: MLS PIN #73533942)

Gross Income: $0

Gross Expenses: $5,351

Net Income Calc: $5,351

Annual Expenses for 517 South Main St, Fall River MA 02721

Total Gross Expenses (Calculated)$5,351/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5351.73

Annual Income & Unit Breakdown for 517 South Main St, Fall River MA 02721

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms0

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bathrooms

Rent IncludesHeat

Unit 4

Rental Income$0

Lease

Bathrooms

Rent IncludesHeat

General Information for 517 South Main St, Fall River MA 02721

Listing ID73533942

Property TypeMulti Family

Price995000 ($195.87/SqFt)

Style5+ Family - Rooming House

CityFall River

CountyBristol

Neighborhood(s)

Approximate Living Area Total5080

Approximate Lot Size (Acres)0.11

Total Parking1

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningB-B

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 517 South Main St, Fall River MA 02721

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher/Dryer

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 517 South Main St, Fall River MA 02721

Real Estate Taxes5351.73

Tax Year2026

Assessed Value$467,400

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 517 South Main St, Fall River MA 02721

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 517 South Main St, Fall River MA 02721

Agent

Name: John P. Viveiros

Office

Name: Lamacchia Realty, Inc.

Phone: 508-677-3629

Payment Calculator

, Interest

Property Taxes 445.98

Principal & Interest 6130.87

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lamacchia Realty, Inc.

John P. Viveiros

Agent Phone

Office Phone

(508) 677-3629

Text Agent Call Agent Call Office

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    [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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    [unparsed] => 517 South Main St, Fall River MA 02721
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EXIT

31 More Photos

Active

517 South Main St, Fall River MA 02721

$995,000

Annual Expenses for 517 South Main St, Fall River MA 02721

Annual Income & Unit Breakdown for 517 South Main St, Fall River MA 02721

General Information for 517 South Main St, Fall River MA 02721

Disclosures for 517 South Main St, Fall River MA 02721

Financial Information for 517 South Main St, Fall River MA 02721

Location Information for 517 South Main St, Fall River MA 02721

Contact Information for 517 South Main St, Fall River MA 02721

Agent

Office

Payment Calculator

Exclusive Listing Agent

Lamacchia Realty, Inc.

John P. Viveiros