516-520 Third St

6,282 Sq. Ft.
$207 / Sq. Ft.
6,282
Sq. Ft.
$207
per Sq. Ft.

Description

Presenting a well-maintained and fully rented 6-unit multifamily property located at 516–520 Third Street in Fall River. This turnkey investment offers immediate cash flow and strong rental stability, making it an excellent addition to any portfolio. The property has undergone recent renovations, including new exterior siding and updated electrical systems, ensuring reduced maintenance and long-term durability. All units are currently occupied, providing consistent income from day one. Conveniently...Presenting a well-maintained and fully rented 6-unit multifamily property located at 516–520 Third Street in Fall River. This turnkey investment offers immediate cash flow and strong rental stability, making it an excellent addition to any portfolio. The property has undergone recent renovations, including new exterior siding and updated electrical systems, ensuring reduced maintenance and long-term durability. All units are currently occupied, providing consistent income from day one. Conveniently situated near local parks, major highways, shopping, and other amenities, the location is highly attractive to tenants and supports continued rental demand. This is a solid income-producing asset in a growing market, ideal for investors seeking both stability and upside potential.
  1. Listed by Stephanie Barreau • Vicente Realty, LLC

Property Details for 516-520 Third Street

Town
Fall River
Area
MA-Fall River
Garage Spaces
0
Open Parking Spaces
4.00
Parking Spaces Total
4
LISTING UPDATED: 05/02/2026 10:03 AM

Property Details for 516-520 Third Street

StatusNew
MLS #73511587
Days on Market2
Taxes$8,000 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1900
CountyBristol County

Location

Listing Courtesy of Vicente Realty, LLC, Stephanie Barreau
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Building Information for 516-520 Third Street

Stories10Residences6Year Built1900Building Size-Lot Size0.11 AC / 5,009 SF

Payment Calculator

$7,213 per month

30 year fixed, 6.46% Interest

Principal and Interest

$6,546

Property Taxes

$667

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 516-520 Third Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 6282.0
  • SqFt with Basement: No
  • Total Units: 6
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Unfinished Basement
  • Num of Baths: 12.0
  • Num of Full Baths: 6
  • Num of Half Baths: 6
  • Bathrooms Total Decimal: 9.00
  • Bathrooms Total Integer: 12
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive
  • Open Parking: Yes
  • Parking Features: Paved Drive
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Neither seller,or agent make any representations as to the accuracy of any information contained herein. Buyer(s)/buyer(s) agent must conduct their own due diligence,verification and research & are relying solely on the results of the same. To be sold "as is where is.
Tax Information
  • Assessments: $120,000
  • Book: 11805
  • Tax Year: 8000
  • Zoning: R-6
Building / Association Information
Living Characteristics
  • Beds Total: 15
  • Total Living Levels: 10
Other Building Characteristics
  • Foundation: Concrete Perimeter
  • Levels: 10
Income / Expenses
  • GOI: $111,600.00
  • NOI: $111,600.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: Y
  • Levels U3: 2
Unit 4 Description
  • Floor U4: 3
  • Levels U4: 3
Rental Info
Rental Info
  • Total Actual Rent: $10,050.00

Property History for 516-520 Third Street

DateEvent & SourcePriceAppreciation
May 2, 2026

Listed (Active)

MLS PIN #73511587

$1,300,000
DateEvent & SourcePrice
05/02/2026

Listed (Active)

MLS PIN #73511587

$1,300,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 516-520 Third Street

This home is within Fall River School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - 7 to 12
Public - 2 to 12
Rating
School
Distance
Henry Lord Community School
PublicK to 8

B M C Durfee High School
Public9 to 12

Resiliency Preparatory Academy
Public7 to 12

Stone Day School
Public2 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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516-520 Third Street is a multi-family home for sale in Fall River, MA 02721. This property was listed for sale on May 2, 2026 by Vicente Realty, LLC, it's currently listed at $1,300,000. This listing's school district is Fall River School District. Nearby schools include Henry Lord Community School, B M C Durfee High School and Resiliency Preparatory Academy. 516-520 Third Street is a 15-bed, 12-bath, 6,282 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vicente Realty, LLC, Stephanie Barreau

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.