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517 South Main St, Fall River MA 02721 - Preview 1 517 South Main St, Fall River MA 02721 - Preview 2 517 South Main St, Fall River MA 02721 - Preview 3
517 South Main St, Fall River MA 02721 - Preview 1 517 South Main St, Fall River MA 02721 - Preview 2 517 South Main St, Fall River MA 02721 - Preview 3

517 South Main St, Fall River MA 02721

Fall River, MA 02721
$995,000
Est. $5,677/month
18
Beds
7
Baths
5,080
Sq Ft
$196
Price/Sq Ft
0.11
Acres
1900
Year Built
5+ Family - Rooming House
Type
6 hours 0 minutes
Time on Market
Active Listed Jun 10, 2026 • MLS# 73533942 Copied!

About this home

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.

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Property Overview

Property Type
5+ Family - Rooming House
Listing Type
For Sale
Year Built
1900
Bedrooms
18
Full Bathrooms
6
Half Bathrooms
2
Living Area
5,080 sq ft
Total Rooms
18
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - Rooming House
Year Built 1900
Living Area 5,080 sq ft
Lot Size 0.11 acres
Bedrooms 18
Full Baths 6
Half Baths 2
Total Rooms 18

Interior

Heating None
Cooling None
Flooring Varies
Appliances None
Fireplace None
Basement Full, Interior Entry, Bulkhead, Unfinished
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features Paved Drive, Off Street, Driveway
Total Spaces 1

Utilities

Electric Circuit Breakers, 200+ Amp Service, Common
Water Public
Sewer Public Sewer
Gas None
Other Varies Per Unit

Financial

Annual Tax $5,352
Assessed Value $467,400

Interior Features

Flooring: Varies
Appliances:
Interior Features:
Windows:
Basement: Full, Interior Entry, Bulkhead, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Granite, Irregular
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 1
Parking Features: Paved Drive, Off Street, Driveway

Special Features

View: Yes
View Type: City View(s)
Community Amenities: 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

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Neighborhood

517 South Main St, Fall River MA 02721

Fall River, MA 02721

Walkability

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Nearby Schools

School District
Fall River School District local
C-
⚠ School Safety 2024-25
8.4% Above Average
8.4% Suspensions 2.1% In-School
↑ 2.9% above state avg
E

Elementary Schools

10 schools
C-
John J Doran School
0.3 mi | #301 of 352 | Score: 31.3
Improved 26 spots from last year
-26.9 below state avg
525 students Diverse
Rising School Diverse Student Body
Grades PK-08
East Gate Christian Academy
0.8 mi
Grades PK-12
Antioch School
1.1 mi
Grades PK-08
Holy Trinity School
1.5 mi
Grades PK-08
Holy Name School
1.6 mi
Grades PK-08
Espirito Santo School
1.6 mi
Grades PK-08
D
Henry Lord Community School
1.7 mi | #321 of 352 | Score: 29.1
Improved 12 spots from last year
-29.1 below state avg
817 students Diverse
Diverse Student Body
Grades PK-08
D
Stone PK-12 School
1.8 mi | #370 of 346 | Score: 35.9
Same rank as last year
56 students Diverse
Diverse Student Body
Grades K-12
St. Michael School
2.0 mi
Grades PK-08
C
Atlantis Charter School
2.1 mi | #246 of 346 | Score: 46.8
Improved 25 spots from last year
-11.4 below state avg
1,246 students Diverse
Rising School College Ready Curriculum
Grades K-12
M

Middle Schools

3 schools
D
Matthew J Kuss Middle School
1.0 mi | #336 of 352 | Score: 27.0
Dropped 1 spots from last year
-31.2 below state avg
646 students Diverse
Diverse Student Body
Grades 06-08
C-
Morton Middle School
1.5 mi | #299 of 352 | Score: 31.4
Improved 39 spots from last year
-26.8 below state avg
751 students Diverse
Rising School Diverse Student Body
Grades 06-08
C-
Talbot Innovation School
1.9 mi | #309 of 352 | Score: 30.6
Dropped 25 spots from last year
-27.6 below state avg
582 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

6 schools
C+
Argosy Collegiate Charter School
0.6 mi | #244 of 346 | Score: 46.8
Improved 11 spots from last year
-11.4 below state avg
587 students Diverse
7 sports • 126 athletes
Early College Program College Ready Curriculum Diverse Student Body
Grades 06-12
F
Resiliency Preparatory Academy
0.8 mi | #393 of 346 | Score: 16.3
Same rank as last year
171 students Very Diverse
Diverse Student Body
Grades 07-12
Fall River Deaconess Home School
1.1 mi
Grades 06-12
C+
Diman Regional Vocational Technical High School
1.9 mi | #242 of 346 | Score: 47.1
Dropped 81 spots from last year
-11.1 below state avg
1,463 students Moderate
13 sports • 1,408 athletes
High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
C+
B.M.C. Durfee High School
2.2 mi | #225 of 346 | Score: 49.2
Improved 98 spots from last year
-9 below state avg
2,642 students Diverse
18 sports • 1,452 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
Bishop Connolly High School
2.5 mi
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
%
Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $446
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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+0.5% Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jun 10, 2026
$995,000
Original listing
Agent: John P. Viveiros Office: Lamacchia Realty, Inc.

Price & Status History

Date Event Price Change
Jun 10, 2026 New Listing Added $995,000 —

Market Statistics

Time on Market
6 hours 0 minutes
Price per Sq Ft
$196

Tax History

Year Taxes Assessment
2026 $5,352 $467,400

Financial Details

Annual Property Tax
$5,352
Tax Year 2026
Assessed Value
$467,400

Listing Information

Listing Agent John P. Viveiros
Listing Office Lamacchia Realty, Inc.
Agent MLS ID FR800061
Office MLS ID AN8116
Listing Data Updated Jun 10, 2026 7:13 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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517 South Main St, Fall River MA 02721 - Photo 1 517 South Main St, Fall River MA 02721 - Photo 2 517 South Main St, Fall River MA 02721 - Photo 3
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