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.
For sale
Price cut: $100K (7/20)
$895,000
517 S Main St, Fall River, MA 02721
18beds
5,080sqft
5+ Family - Rooming House
Built in 1900
-- sqft lot
$877,000 Zestimate®
$176/sqft
$-- HOA
What's special
- 46 days |
- 320 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
John P. Viveiros 508-509-1621,
Lamacchia Realty, Inc. 508-677-3629
Source: MLS PIN,MLS#: 73533942
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 8
- Full bathrooms: 6
- 1/2 bathrooms: 2
Features
- Flooring: Varies
- Basement: Full,Interior Entry,Bulkhead,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 5,080
- Total interior livable area: 5,080 sqft
- Finished area above ground: 5,080
Property
Parking
- Total spaces: 1
- Parking features: Paved Drive, Off Street, Driveway
- Uncovered spaces: 1
Features
- Patio & porch: Porch
- Has view: Yes
- View description: City View(s)
Lot
- Size: 4,591 Square Feet
- Features: Level
Details
- Parcel number: M:0I07 B:0000 L:0045,2827885
- Zoning: B-B
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - Rooming House
Materials
- Frame
- Foundation: Granite, Irregular
- Roof: Shingle
Condition
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service, Common
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Varies per Unit
Community & HOA
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
Location
- Region: Fall River
Financial & listing details
- Price per square foot: $176/sqft
- Tax assessed value: $467,400
- Annual tax amount: $5,351
- Date on market: 6/5/2026
- Exclusions: Tenants Belongings
- Total actual rent: 0
- Road surface type: Paved
Estimated market value
$877,000
$833,000 - $921,000
$2,067/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Price change | $895,000-10.1%$176/sqft |
Source: MLS PIN #73533942 Report a problem | ||
| 6/10/2026 | Listed for sale | $995,000+48.5%$196/sqft |
Source: MLS PIN #73533942 Report a problem | ||
| 12/11/2015 | Sold | $670,000-4.1%$132/sqft |
Source: Public Record Report a problem | ||
| 7/1/2015 | Listing removed | $699,000$138/sqft |
Source: Highland Real Estate Group Ltd #71717535 Report a problem | ||
| 1/26/2015 | Price change | $699,000+2.8%$138/sqft |
Source: Highland Real Estate Group Ltd #71717535 Report a problem | ||
| 12/8/2014 | Price change | $680,000-0.7%$134/sqft |
Source: Highland Real Estate Group Ltd #71717535 Report a problem | ||
| 12/1/2014 | Price change | $685,000-0.6%$135/sqft |
Source: Highland Real Estate Group Ltd #71717535 Report a problem | ||
| 11/11/2014 | Price change | $689,000-1.4%$136/sqft |
Source: Highland Real Estate Group Ltd #71717535 Report a problem | ||
| 10/15/2014 | Price change | $699,000-5.9%$138/sqft |
Source: Highland Real Estate Group Ltd #71717535 Report a problem | ||
| 10/13/2014 | Price change | $743,000-0.1%$146/sqft |
Source: Highland Real Estate Group Ltd #71717535 Report a problem | ||
| 10/6/2014 | Price change | $744,000-0.1%$146/sqft |
Source: Highland Real Estate Group Ltd #71717535 Report a problem | ||
| 9/25/2014 | Price change | $745,000-0.1%$147/sqft |
Source: Highland Real Estate Group Ltd #71717535 Report a problem | ||
| 9/1/2014 | Price change | $746,000-0.2%$147/sqft |
Source: Highland Real Estate Group Ltd #71717535 Report a problem | ||
| 8/16/2014 | Price change | $747,500-0.2%$147/sqft |
Source: Highland Real Estate Group Ltd #71717535 Report a problem | ||
| 8/6/2014 | Price change | $749,000-0.1%$147/sqft |
Source: Highland Real Estate Group Ltd #71717535 Report a problem | ||
| 7/22/2014 | Listed for sale | $749,900+7.3%$148/sqft |
Source: Highland Real Estate Group Ltd #71717535 Report a problem | ||
| 10/3/2005 | Sold | $699,000$138/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,901 +0.7% | $428,000 +1% |
| 2024 | $4,867 +6.4% | $423,600 +13.6% |
| 2023 | $4,575 -1.6% | $372,900 +1.2% |
| 2022 | $4,650 -7.4% | $368,500 +1.4% |
| 2021 | $5,024 0% | $363,300 +4.5% |
| 2020 | $5,026 | $347,800 +0.9% |
| 2019 | $5,026 -4.9% | $344,700 -4.6% |
| 2018 | $5,285 +5.6% | $361,500 +1.1% |
| 2017 | $5,004 +1.2% | $357,400 -1.5% |
| 2016 | $4,944 -16.2% | $362,700 -19.6% |
| 2015 | $5,899 +4.6% | $451,000 +0.6% |
| 2014 | $5,641 +4.2% | $448,400 -1.2% |
| 2013 | $5,415 +6.8% | $453,900 -1.7% |
| 2012 | $5,072 +15.6% | $461,900 -4.8% |
| 2010 | $4,386 +10.9% | $485,200 -1.1% |
| 2009 | $3,956 -1.2% | $490,800 -6% |
| 2008 | $4,005 -3.6% | $522,100 -9.7% |
| 2007 | $4,154 +58.1% | $578,500 +50.3% |
| 2006 | $2,628 +2.6% | $384,800 +14.4% |
| 2005 | $2,561 +13.9% | $336,500 +22.9% |
| 2004 | $2,249 +30.4% | $273,900 +70% |
| 2003 | $1,725 +8.8% | $161,100 |
| 2002 | $1,585 -5.9% | $161,100 |
| 2000 | $1,685 +18.8% | $161,100 +4.3% |
| 1995 | $1,418 | $154,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Sandy Beach
Nearby schools
GreatSchools rating
- 5/10John J Doran Community SchoolGrades: PK-8Distance: 0.3 mi
- 2/10B M C Durfee High SchoolGrades: 9-12Distance: 2.1 mi
- 2/10Matthew J Kuss Middle SchoolGrades: 6-8Distance: 1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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