517 S Main St

5,080 Sq. Ft.
$196 / Sq. Ft.
5,080
Sq. Ft.
$196
per Sq. Ft.

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,...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.
  1. Listed by John P. Viveiros โ€ข Lamacchia Realty, Inc.

Property Details for 517 South Main Street

Town
Fall River
Area
MA-Fall River
Garage Spaces
0
Open Parking Spaces
1.00
Parking Spaces Total
1
LISTING UPDATED: 06/10/2026 07:16 PM

Property Details for 517 South Main Street

StatusNew
MLS #73533942
Days on Market5
Taxes$5,352 / year
HOA Fees-
Property TypeMulti Family
MLS TypeMulti-family / 5+ Family - Rooming House
Year Built1900
CountyBristol County

Location

Listing Courtesy of Lamacchia Realty, Inc., John P. Viveiros
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Building Information for 517 South Main Street

Stories3Residences18Year Built1900Building Size-Lot Size0.11 AC / 4,591 SF

Payment Calculator

$5,404 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,958

Property Taxes

$446

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 517 South Main Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Sidewalks
  • Living Area: 5080.0
  • Color: White
  • SqFt with Basement: No
  • Total Units: 18
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full, Interior Access, Bulkhead, Unfinished Basement
  • Num of Baths: 8.0
  • Num of Full Baths: 6
  • Num of Half Baths: 2
  • Bathrooms Total Decimal: 7.00
  • Bathrooms Total Integer: 8
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Varies
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Lot Description: Level
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
  • View: City View(s)
  • View: Yes
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Improved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Improved Driveway
  • Parking Features: Off-Street, Improved Driveway
Utilities
  • Electric: Circuit Breakers, 200+ Amp Service, Common
  • Sewer: City/Town Sewer
  • Utility Connections: Varies per Unit
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
Tax Information
  • Tax ID: M:0I07 B:0000 L:0045,2827885
  • Assessments: $467,400
  • Book: 8844
  • Tax Year: 2026
  • Zoning: B-B
Building / Association Information
Living Characteristics
  • Beds Total: 18
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Granite, Irregular
  • Levels: 3
Income / Expenses
  • Annual Expenses Source: Owner, Other (See Remarks)
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 2
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $.00

Property History for 517 South Main Street

DateEvent & SourcePriceAppreciation
Jun 5, 2026

Listed (Active)

MLS PIN #73533942

$995,000โ€”
Dec 11, 2015

Sold

MLS PIN #71898386

$670,000โ€”
Oct 27, 2015

Under Agreement

MLS PIN #71898386

โ€”
DateEvent & SourcePrice
06/05/2026

Listed (Active)

MLS PIN #73533942

$995,000
12/11/2015

Sold

MLS PIN #71898386

$670,000
10/27/2015

Under Agreement

MLS PIN #71898386

โ€”

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

Public Records for 517 South Main Street

Taxable ValueLand$117,700Additions$310,300Total$428,000
Tax Record2025$4,901 ($408 / month)
Home Facts
Baths7Total Finished SqFt5,080 SqFtAbove Grade Finished SqFt5,080 SqFtUnfinished Basement SqFt1,968 SqFtStories3Lot Size4,591 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningB-BCountyBRISTOLAPNFALL M:0I-07 B:0000 L:0045

Schools near 517 South Main Street

This home is within Fall River School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
John J Doran Community School
PublicPK to 8

Matthew J Kuss Middle School
Public6 to 8

B M C Durfee High School
Public9 to 12

Resiliency Preparatory Academy
Public7 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.

Similar Homes

517 South Main Street is a multi-family home for sale in Fall River, MA 02721. This property was listed for sale on June 5, 2026 by Lamacchia Realty, Inc., it's currently listed at $995,000. It has been on the market for a total of 5 days and was last sold on December 11, 2015. This listing's school district is Fall River School District. Nearby schools include John J Doran Community School, Matthew J Kuss Middle School and B M C Durfee High School. 517 South Main Street is a 18-bed, 8-bath, 5,080 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lamacchia Realty, Inc., John P. Viveiros

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.