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.
- Basement:
- Unfinished
- Parking:
- Paved Drive
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure:
- Public record states 3 bedrooms, can be 4. Central AC on Main Level New 2025; Two Mini Splits Cool the Upper Level. Oven does not work. Additional Taxes 2026 C.O.M.M. FD Tax (Residential)$ 1, 234.18 Community Preservation Act Tax $ 218.93. Owner plans to remove & replace some sentimental plantings.
- Garage Parking
- Lead Paint:
- No
- Market Time:
- 4
- Parking Spaces:
- 4
- Tax Year:
- 8000
- Status:
- Active
- Price Per Sqft:
- $207
- Zoning:
- R-6
- No Units:
- 6
- Orig Price:
- $1,300,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Active
- City:
- Fall River
- State:
- MA
- County:
- Bristol
- Postal Code:
- 02721
- Longitude:
- W72° 50' 31.6''
- Latitude:
- N41° 41' 43.3''
Residential Income
516-520 Third St, Fall River, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,300,000
- Bedrooms :
- 15
- Rooms :
- 32
- Total Bathrooms :
- 9
- Full Bathrooms :
- 6
- Half Bathrooms :
- 6
- Square Footage :
- 6,282 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.11 Acre
- Listing ID :
- 73511587
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
