Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    863 N Main St Brockton, MA 2301

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $749,000

    Three-family residence in Brockton with ample space and updates.

    Type:Investment
    Property size:
    3,060 SF
    Lot size:
    0.16 Acres
    Added:
    Apr 24, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 24 at 5:49 pm

    Property Features for 863 N Main St

    General Information

    Standard status
    Active
    Size
    3,060 SF
    Lot size
    0.16 Acres
    Property subtype
    Investment

    Building Details

    Year Built
    1925

    We can help!

    Listing Contact
    Richardson Luc

    Listing agent Richardson Luc

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Richardson Luc

    Overview

    Brockton Three-Family Residence

    Located at 863 N Main St in Brockton, Massachusetts, this three-family residence offers a unique opportunity within Plymouth County. The property, built in 1925, contains 3,060 square feet of living area spread across three stories. The residence includes eight bedrooms, providing ample space for a variety of living arrangements. Situated on a 7,039 square foot lot, the property offers potential for outdoor enjoyment and landscaping. Updates include a new roof, new windows, and new siding. Stamped plans are also available. The property has a bike score of 45, indicating it is somewhat bikeable, a walk score of 65, indicating it is somewhat walkable, and a transit score of 40, indicating some transit options are available.
    Location Intelligence

    Current Use by Public Records

    Omar House of Princess Party Supply Store

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brockton
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -71.0176081
    Latitude
    42.0683553

    Nearby Similar for Sale

    • $899,900
      3,053 SF

      Brockton Sober Living Opportunity

      Sober living house with income potential in Brockton, Massachusetts.
      26 South St, Brockton, MA 02301
      View Details
    • $674,900
      2,142 SF

      Well-Maintained Two-Family Property

      Two-family property with remodeled unit, finished basement, and convenient location.
      28 Clinton St, Brockton, MA 02302
      View Details
    • $1,099,999
      3,975 SF

      Spacious Renovated Brockton Multi-Family

      Well-maintained, high-income triplex near transportation and amenities.
      29 Allen St, Brockton, MA 02301
      View Details
    • $899,900
      3,000 SF

      Renovated Multifamily Home in Brockton

      Updated two-family home near transportation and amenities in Brockton, MA.
      15 Faxon St, Brockton, MA 02302
      View Details
    • $819,900
      2,712 SF

      Charming 1925 Multi-Family Residence

      Spacious multi-family home with seven bedrooms in Brockton, MA.
      34 Cherry St, Brockton, MA 02301
      View Details
    • $899,900

      Brockton Sober Living Residence

      Large 8-bedroom property ideal for group housing or investment.
      26 South St, Brockton, MA 02301
      View Details
    • $1,999,900
      33,960 SF

      Versatile Salvation Army Building

      Multi-use building with office, warehouse, and residential spaces.
      281 N Main St, Brockton, MA 02301
      View Details
    • $899,900
      3,000 SF

      Renovated Two-Family Home

      Two-unit property with updated systems and convenient location.
      15 Faxon St, Brockton, MA 02302
      View Details
    • $989,900
      3,855 SF

      Renovated Three-Family Home

      Spacious, renovated three-family home with potential for additional bonus rooms.
      809 Warren Avenue, Brockton, MA 02301
      View Details
    • $949,900
      3,053 SF

      Sober Living House Opportunity

      8-bedroom property ideal for group housing or investment.
      26 South Street, Brockton, MA 02301
      View Details
    • $829,900
      3,430 SF

      Brockton West Side Three-Family

      Three-family home with newer systems and large fenced backyard.
      48 Simmons Ave, Brockton, MA 02301
      View Details
    • $1,750,000
      1,500 SF

      North Main Street Retail Opportunity

      Retail units for sale in established Brockton business hub.
      254-258 N Main St, Brockton, MA 02301
      View Details

    FAQs

    What type of property is this?
    Triplex - Three-family residence in Brockton with ample space and updates.
    Where is this triplex located?
    The property is located at 863 N Main St Brockton, MA.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: Substantial price reduction makes this property an attractive investment.; Multi‑family residence with **significant square footage (3060 sq ft) and eight bedrooms** offers versatile living arrangements.; **Recent updates include a new roof, new windows, and new siding**, reducing immediate renovation costs.
    (781) 706-5908
    We can help!
    Listing Contact
    Richardson Luc
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!