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.
Middle Street-Broadway, located between Downtown Fall River and the Highlands, is a historic and mixed-use Fall River neighborhood with a mill-era streetscape and a Broadway corridor of storefronts. The neighborhood’s character concentrates around Broadway at Bedford Street, where corner shops, casual eateries, and service storefronts line the sidewalks under classic New England street trees. Triple-deckers and compact multifamily homes sit beside older commercial blocks, giving the area a lived-in, walkable rhythm. The Narrows Center for the Arts anchors nights with live music and gallery energy. Battleship Cove and the Fall River Heritage State Park add waterfront paths and big-sky views just off the grid. The Fall River Public Library’s Main Library brings a civic, architectural counterpoint to the neighborhood’s working-city texture.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Total of 18 rooms
Full, unfinished basement with interior entry and bulkhead
Varied flooring
Bathrooms
Six full bathrooms
Two half bathrooms
Flooring
Varies by area
Exterior features
Porch
City views
Level lot
Paved road frontage on a public, publicly maintained road
Home design
5+ family rooming house
Three stories
White exterior
Parking
One off-street paved parking space
Driveway
Construction
Frame construction
Granite foundation (irregular)
Shingle roof
Built (approximate year per public records)
Utilities
Public water
Public sewer
Electric service with circuit breakers and 200+ amp service; electric common/shared
Utilities vary by unit
HOA & community
Community amenities include public transportation, shopping, tennis courts, parks, walk/jog trails, medical facility, laundromat, bike path, highway access, places of worship, marina, schools, T-Station, university, and sidewalks
Other
Property building area approximately 5,080 total square feet
Lot size approximately 0.11 acres
Electricity and solar
View estimated energy costs and solar savings for this home
This is a 3 floor rooming house on a main street close to down town, walking distance to all city amenities. Total of 18 rent-able units. All units come pre-furnished. One community Bathroom per floor. There are 4 units with full bathrooms, 9 rooms with showers, 4 Units have Kitchenettes and all units have a sink. .. Please note rent, appliances and rooms vary by unit. More pictures available upon request. Property is very clean, well managed and with good tenant continuity. This is a solid long term investment that needs minor attention. This property with minimal effort runs itself.
Public Records
Oct 3, 2005
Sold
$699,000
$138/sq ft
Public Records
Jan 3, 1979
Sold
$70,000
$14/sq ft
Year
Property tax
Land + Additions
Assessment*
2014
$5,641 (+4.2%)
$85,800 + $362,600
$448,400
2013
$5,415 (+6.8%)
$91,300 + $362,600
$453,900
2012
$5,072 (+7.3%)
$99,300 + $362,600
$461,900
2011
$4,725 (+7.7%)
$99,300 + $362,600
$461,900
2010
$4,386 (+10.9%)
$122,600 + $362,600
$485,200
2009
$3,956
$128,800 + $362,000
$490,800
Public record
Beds
—
Baths
7
Stories
3
Lot width
—
Lot depth
—
Lot size
4,593 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
5,080
Unfinished Sq. Ft.
1,968
Total Sq. Ft.
7,048
Year built
1900
Style
Other
County
Bristol County
APN
M0I-07B0000L0045
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 14, 2022.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 96° expected this year, 15 days in 30 years
8/10 Wind Factor
80% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Fall River, MA • 02721
Average low and high temperatures (°F)
35
23
37
24
49
34
58
43
67
53
79
63
82
68
80
64
74
59
64
50
54
40
41
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 517 South Main St
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