Skip to content
Bean Group
← Back to search

Active

516-520 Third St

Fall River, MA 02721

$1,200,000
15Bedrooms
12Bathrooms
6,282Square feet
1900Year built

Residential Income · Active · MLS #73511587
Listing Courtesy of Vicente Realty, LLC | Stephanie Barreau

Bean Group guidance

Useful next steps

Request property information

Select a document or report and Bean Group will help track it down.

Availability varies by property and source. Documents are requested from the appropriate source and may not be immediately available.

Considering this property?

Decide whether it deserves a closer look.

A local Bean Group agent can help you compare nearby inventory, understand the listing details, and identify the questions worth answering before you visit.

Compare nearby homes

MLS PIN data

About this home

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 information

Details at a glance

Interior

Rooms
32

Building

Style
5+ Family - 5+ Units Up/Down
Year built
1900
Parking
4
Foundation
Concrete Perimeter

Land & utilities

Lot size
0.11 acres
Water
Public
Sewer
Public Sewer
Zoning
R-6

Financial

Annual taxes
$8,000
Assessment year
8000

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Property value estimate

An informed starting point

Estimated value$1,427,163

Estimated range $1,313,906$1,540,420

Request a professional valuation →

Automated estimates are not appraisals or guarantees of market value.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Photo insights

Condition signals

Overall presentationaverage

Generated from listing photography; not a substitute for an inspection.

Local market context

How this home compares in Fall River

MetricThis propertyFall River
List price$1,200,000$710,00069% above local
Price / sq ft$191$22515% below local
Days on market12451143% above local
Explore homes in Fall River

Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

Keep exploring

Similar homes nearby

Common questions

About 516-520 Third St

Can I schedule a private showing?

Yes. Request a tour of 516-520 Third St and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.