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. 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. Great opportunity to own a versatile income-producing property in a prime Fall River location.
This home has been viewed 8 times
Last Checked: May 10th, 2026 at 8:33am (Source: MLS PIN #73515702)
Gross Income: $67,188
Gross Expenses: $5,602
Net Income Calc: $61,586
Annual Expenses for 284 Broadway, Fall River MA 02721
Total Gross Expenses (Calculated)$5,602/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5602.48
Annual Income & Unit Breakdown for 284 Broadway, Fall River MA 02721
Total Gross Income (Calculated)$67,188
Unit 1
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 284 Broadway, Fall River MA 02721
Listing ID73515702
Property TypeMulti Family / 3 Family
Price749900 ($207.84/SqFt)
Style3 Family
CityFall River
CountyBristol
Neighborhood(s)
Approximate Living Area Total3608
Approximate Lot Size (Acres)0.07
Total Parking12 (4 Garage)
Garage Parking4
Year Built1910
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningA-2
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 284 Broadway, Fall River MA 02721
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal Property.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 284 Broadway, Fall River MA 02721
Real Estate Taxes5602.48
Tax Year2025
Assessed Value$489,300
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 284 Broadway, Fall River MA 02721
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 284 Broadway, Fall River MA 02721