BEDS18
BATHS6 full 2 partial
SQUARE FEET5,080
MLS#73533942
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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 Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Interior Entry, Bulkhead, Unfinished
Lot Size: 0.11 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $5,351
Year Built: 1900
Feature Descriptions
Building Area Total: 5080
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
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Dwelling Type: 5+ Family - Rooming House
Electric: Circuit Breakers,200+ Amp Service, Common
Exclusions: Tenants Belongings
Exterior: Frame
Flooring: Varies
Lot Features: Level
Open Parking Y/N: Yes
Parcel Number: M:0I07 B:0000 L:0045,2827885
Parking Features: Paved Drive, Off Street, Driveway
Parking Total: 1
Patio And Porch: Porch
Rent Includes: Unit 1(Heat, Electric, Water, Hot Water), Unit 2(Heat, Electric, Water, Hot Water)
Road Responsibility: Public Maintained Road
Rooms Total: 18
Sewer: Public Sewer
Special View Info: City View(s)
Units: 18
Utilities: Varies per Unit
Water: Public
Listed By / Shown By
Listed By
Agency Name: Lamacchia Realty, Inc.
Agent Name: John P. Viveiros
Agency Phone: 508-677-3629
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 2,950.56 per month $2,214.44 Principal & Interest $445.92 Property Tax $290.21 Homeowner's Insurance
517 South Main St | MLS# 73533942
This multi-family property located at 517 South Main St, Fall River, MA 02721 is currently listed for sale with an asking price of $995,000. Search Fall River real estate on www.masiellogrouprealestate.com today.