
517 South Main St Fall River — Photo 1 of 34
Recent Drop: $146,000
$849,000
Fall River, MA 02721
Beds
18
Baths
7
SqFt
5,080
Style
5+ Family - Rooming House
Built
1900
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.
* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Fall River, MA.
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Was $895,000
Aug 18, 2026
MLS® 73533942
Was $995,000
Jul 20, 2026
MLS® 73533942
Jun 5, 2026
MLS® 73533942
26,521
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$53K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
65.8%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
1,041 housing units permitted in the last 12 months (+36% vs the prior 12 months) — 481 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: John P. Viveiros
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73533942
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