$1,200,000
 $6,442 est/mo Sourced by Back At You

516-520 Third St,Fall River, MA 02721

Fall River, MA 02721

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Description

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.

Details

MLS #73511587
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1900
Days On Site189
Listing Provided ByVicente Realty, LLC | Stephanie Barreau

Features

Bed(s)15
Bath(s) 12 Total
SQ Feet6,282
BasementY
Story(s)10
Units6
ZoningR-6
Acreage0.11

Interior

Rooms Total32
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

Foundation DetailsConcrete Perimeter

Parking

Garage Yes / NoNo
Parking FeaturesPaved Drive
Open Parking Yes / NoYes

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount8000
Tax Assessed Value120000
Tax Year8000

Location

Senior Community Yes / NoNo

Area Information

StateMA
CountyBristol
CityFall River
Zip Code02721
AreaBristol
Listing VS Median (in 02721)
Price:
$1,200,000
low | high
Med:
$375,000
100% of Average
sqft:
6,282
low | high
Med:
2,055
100% of Average
$ / sqft:
$191
low | high
Med:
$182
54.470802919708% of Average
On site:
189
low | high
Med:
94
100% of Average
Sourced by Back At You

Market Activity 02721

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Learn More About This Property

StateMA
CountyBristol
CityFall River
Zip Code02721
AreaBristol
Listing VS Median (in 02721)
Price:
$1,200,000
low | high
Med:
$375,000
100% of Average
sqft:
6,282
low | high
Med:
2,055
100% of Average
$ / sqft:
$191
low | high
Med:
$182
54.470802919708% of Average
On site:
189
low | high
Med:
94
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $900K - $1.5M
sqft: 4,500 - 7,500
Nearby Listings Property ImageNearby Listings Details
523 Whipple St Property Photo 1
$1,150,000
523 Whipple St
Fall River, MA 02724
423 Division St Property Photo 1
$1,200,000
423 Division St
Fall River, MA 02721
227 Eagle St Property Photo 1
$1,200,000
227 Eagle St
Fall River, MA 02721
Listing Updated: October 6, 2026 at 3:11:19 AM PDT