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516-520 3rd St, Fall River, MA, 02721

15beds
12baths
6,282sqft
$1,300,000
$207price/sqft
$9,481/moest. monthly cost
$379,240/yrincome needed

About This Home

Presenting a well-maintained and fully rented 6-unit multifamily property located at 516–520 Third Street in Fall River. This turnkey investment offers immediate cash flow and strong rental stability, making it an excellent addition to any portfolio.The property has undergone recent renovations, including new exterior siding and updated electrical systems, ensuring reduced maintenance and long-term durability. All units are currently occupied, providing consistent income from day one.Conveniently situated near local parks, major highways, shopping, and other amenities, the location is highly attractive to tenants and supports continued rental demand.This is a solid income-producing asset in a growing market, ideal for investors seeking both stability and upside potential.

Getting Around

91
WalkingWalker's Paradise
50
TransitGood Transit
58
BikeBikeable

Schools

4/10
2/10
B M C Durfee High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Concrete Perimeter

Type & Style

  • Home type: MultiFamily
  • Property subType: 5+ Family - 5+ Units Up/Down

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 15
  • Bathrooms: 12
  • Full bathrooms: 6
  • 1/2 bathrooms: 6

Features

  • Finished area above ground: 6,282

Interior Area

  • Total structure area: 6,282
  • Total interior livable area: 6,282 sqft

Property

Details

  • Zoning: R-6

Lot

  • Lot size: 5,009 sqft

Parking

  • Total spaces: 4
  • Parking features: Paved Drive
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4