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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Basic Information

Lot Features Level
Mls StatusNew
Parcel Number M:0I07 B:0000 L:0045,2827885
Rent Includes Unit 1(Heat, Electric, Water, Hot Water), Unit 2(Heat, Electric, Water, Hot Water)
Road Frontage DescriptionPaved

Tax Information

Tax Assessed Value $467,400
Tax Year 2026
Taxes$5,351

Parking

Open Parking YN Yes
Parking Features Paved Drive, Off Street, Driveway
Parking Spaces1

Rooms

Bathroom8
Bathrooms Total Decimal 7
Bedrooms18
Full Bath6
Half Baths2

Basic Information

List Price$995,000
MLS Number73533942
Modification Date06/10/2026
Property SubType5+ Family - Rooming House

Location

Address517 South Main Street
Building Number517
CountyBristol
StateMA
StreetSouth Main Street
TownFall River
Zip02721

Building

BasementFull, Interior Entry, Bulkhead, Unfinished
Building Area Units Square Feet
Construction Materials Frame
FoundationGranite, Irregular
Levels 3
Patio And Porch Features Porch
Rooms18
Stories3
Units18
Utilities Varies Per Unit
Year Built1900
Year Built Details Approximate
Year Built Source Public Records

Property

Acreage0.11

Interior

Flooring Varies

Exterior

RoofShingle

Utilities

Electric Circuit Breakers,200+ Amp Service, Common
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Public Records
Living Area 5,080
Lot Size Square Feet 4,591
Lot Size Units Acres
Road Responsibility Public Maintained Road
Square Feet5,080
View YN Yes

Amenities

Amenities
- Bike Path
- Highway Access
- House of Worship
- Laundromat
- Marina
- Medical Facility
- Park
- Private School
- Public School
- Public Transportation
- Shopping
- Sidewalks
- T-Station
- Tennis Court(s)
- University
- Walk/Jog Trails
Other AmenitiesBasement, Tennis

Legal

ZoningB-B

Other

Date Listed06/10/2026
Farm Land Area Units Square Feet

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Newton, MA

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More Info

Basic Information

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Parking

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Building

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Utilities

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Other

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Newton, MA