517 S Main St Fall River, MA 02721
Sandy Beach NeighborhoodEstimated payment $5,322/month
Highlights
- Marina
- City View
- Tennis Courts
- Medical Services
- Property is near public transit and schools
- Jogging Path
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,352
Year Built
- Built in 1900
Lot Details
- 4,591 Sq Ft Lot
- Level Lot
- Irregular Lot
Home Design
- Frame Construction
- Shingle Roof
- Marble or Granite Building Materials
Interior Spaces
- 5,080 Sq Ft Home
- Property has 1 Level
- City Views
Bedrooms and Bathrooms
- 18 Bedrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 1 Car Parking Space
- Driveway
- 1 Open Parking Space
- Off-Street Parking
Outdoor Features
- Bulkhead
- Porch
Additional Features
- Property is near public transit and schools
- 200+ Amp Service
Listing and Financial Details
- Assessor Parcel Number M:0I07 B:0000 L:0045,2827885
Community Details
Overview
- 18 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Marina
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,901 | $428,000 | $117,700 | $310,300 |
| 2024 | $4,867 | $423,600 | $113,300 | $310,300 |
| 2023 | $4,575 | $372,900 | $93,600 | $279,300 |
| 2022 | $4,650 | $368,500 | $89,200 | $279,300 |
| 2021 | $5,024 | $363,300 | $84,800 | $278,500 |
| 2020 | $5,026 | $347,800 | $83,600 | $264,200 |
| 2019 | $5,026 | $344,700 | $80,500 | $264,200 |
| 2018 | $5,285 | $361,500 | $87,200 | $274,300 |
| 2017 | $5,004 | $357,400 | $83,100 | $274,300 |
| 2016 | $4,944 | $362,700 | $88,400 | $274,300 |
| 2015 | $5,899 | $451,000 | $88,400 | $362,600 |
| 2014 | $5,641 | $448,400 | $85,800 | $362,600 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/20/2026 07/20/26 | Price Changed | $895,000 | -10.1% | $176 / Sq Ft |
| 06/05/2026 06/05/26 | For Sale | $995,000 | -- | $196 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $670,000 | -- | |
| Deed | -- | -- | |
| Deed | $699,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $502,500 | Commercial | |
| Previous Owner | $75,000 | Commercial | |
| Previous Owner | $481,600 | Commercial | |
| Previous Owner | $530,250 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73533942
APN: FALL-000007I-000000-000045
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Ask me questions while you tour the home.