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.
For sale
Price cut: $100K (8/27)
$1,200,000
516-520 3rd St, Fall River, MA 02721
15beds
6,282sqft
5+ Family - 5+ Units Up/Down
Built in 1900
-- sqft lot
$-- Zestimate®
$191/sqft
$-- HOA
What's special
Updated electrical systemsNew exterior siding
- 138 days
- 117
- 5
Zillow last checked:
Listing updated:
Listed by:
Stephanie Barreau 617-953-5827,
Vicente Realty, LLC 508-944-3144
Source: MLS PIN,MLS#: 73511587
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 12
- Full bathrooms: 6
- 1/2 bathrooms: 6
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 6,282
- Total interior livable area: 6,282 sqft
- Finished area above ground: 6,282
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive
- Uncovered spaces: 4
Lot
- Size: 5,009 Square Feet
Details
- Zoning: R-6
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Foundation: Concrete Perimeter
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Fall River
Financial & listing details
- Price per square foot: $191/sqft
- Tax assessed value: $120,000
- Annual tax amount: $8,000
- Date on market: 5/2/2026
- Total actual rent: 10050
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/27/2026 | Price change | $1,200,000-7.7%$191/sqft |
Source: MLS PIN #73511587 Report a problem | ||
| 5/2/2026 | Listed for sale | $1,300,000$207/sqft |
Source: MLS PIN #73511587 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment






