516-520 Third St Fall River MA 02721 MLS #73511587

516-520 Third St
Fall River, MA, 02721
$1,300,000
15 Beds
9 Baths
6,282 SqFt
0.11 Acres
$1,300,000
516-520 Third St
Fall River, MA, 02721
MLS #73511587 image #0
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

Price:
$1,300,000
MLS #:
73511587
Status:
Active
Beds:
15
Baths:
9
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Listed Date:
May 2, 2026
Finished Sq Ft:
6,282
Total Sq Ft:
6,282
Lot Size:
5,009 sqft / 0.11 acres (approx)
Year Built:
1900
Units:
6

Schools

Interior

Above Grade Finished Area
6282
Bathrooms
6 Full Bathrooms, 6 Half Bathrooms
Levels
10

Exterior

Open Parking Spaces
4
Open Parking YN
1
Parking Features
Paved Drive
Parking Spots
4
Parking Total
4
Stories
10

Financial

Net Operating Income
$111,600
Tax Year
8000
Taxes
$8,000
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Current real estate data for Multi Family in Fall River as of May 04, 2026
125
Multi Family Listed
167
Avg DOM
200
Avg $ / SqFt
$811,502
Avg List Price

Community

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Property Summary

    516-520 Third St Fall River MA is a Multi Family for sale in Fall River, MA, 02721. It is listed for $1,300,000 To schedule a showing of MLS#73511587 at 516-520 Third St in Fall River, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
516-520 Third St
Fall River, MA