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TOM TOMASIAN

tom@commonwealthliving.com +1(617) 295-7600

$ 849,000

Est. payment | -/mo

18 Beds

7 Baths

5,080 SqFt

Save

$ 849,000

Est. payment | -/mo

Save

18 Beds

7 Baths

5,080 SqFt

Key Details

Property Type Multi-Family

Sub Type 5+ Family - Rooming House

Listing Status Active

Purchase Type For Sale

Square Footage 5,080 sqft

Price per Sqft $167

MLS Listing ID 73533942

Bedrooms 18

Full Baths 6

Half Baths 2

Year Built 1900

Annual Tax Amount $5,351

Tax Year 2026

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type 5+ Family - Rooming House

Property 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, 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.

Location

State MA

County Bristol

Zoning B-B

Direction GPS

Rooms

Basement Full, Interior Entry, Bulkhead, Unfinished

Interior

Flooring Varies

Exterior

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

Utilities Available Varies per Unit

View Y/N Yes

View City View(s)

Roof Type Shingle

Total Parking Spaces 1

Garage No

Building

Lot Description Level

Story 3

Foundation Granite, Irregular

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Seller W/Participate

Listing Terms Seller W/Participate

Listed by Lamacchia Realty, Inc.

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(617) 295-7600

tom@commonwealthliving.com

90 Canal St, Boston, MA 02114, United States

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517 South Main St Fall River, MA 02721