Active

150 Days on market

284 Broadway Fall River — Photo 1 of 42

Recent Drop: $20,000

$719,900

$699,900

Investment Analysis — 284 Broadway

Fall River, MA 02721

Based on rent reported on the MLS listing, a 3-unit multi-family in 02721 carries $5,599/mo in gross rent — about a 6.50% cap rate and $45,461/yr in estimated NOI at the $699,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

3,608

Style

3 Family

Built

1910

Seller willing to contribute towards Buyer’s closing costs and/or rate buy-down! 284 Broadway presents a turnkey mixed-use investment opportunity in Fall River featuring one commercial unit and two spacious residential apartments. The street-level commercial space is currently operating as a salon and has been nicely renovated with heat and central A/C, full bathroom, and a kitchenette. The property also includes four garage stalls equipped with mini-split systems providing both heating and cooling, offering flexibility for storage, workshop space, or additional income potential. The second and third floor apartments feature spacious 3-bedroom layouts with tankless heating systems and separate utilities, with one residential unit to be delivered vacant at closing. Well-maintained and functional throughout, this property offers strong income potential for investors or owner-occupants alike. Conveniently located with easy access to highways, shopping, restaurants, and local amenities.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.