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$1,300,000
Total Beds: 15 Total Baths: 12
Total Units: 6 SQFT: 6282
LOT size: 0.11 Acres
516-520 Third St
Fall River, MA 02721
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Property 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.

Property Details

Building Information

  • Total Units: 6
  • Total Floors: 10
  • Total Bedrooms: 15
  • Total Full Baths: 6
  • Total Half Baths: 6
  • Basement Features: Unfinished Basement

Financial

  • APOD Available: No
  • Gross Operating Income: 111600
  • Net Operating Income: 111600

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Unit 4 Description

  • Floors: 3
  • Levels: 3

Construction

  • Year Built: 1900
  • Type: 5+ Family - 5+ Units Up/Down
  • Foundation Info: Poured Concrete
  • Lead Paint: None
  • Warranty: No

Other Information

  • MLS ID# 73511587
  • Last Updated: 05/02/26

Mortgage Calculator

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Map

Seller's Representative: Stephanie Barreau, Vicente Realty, LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-05-02 09:59:00

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