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    Brockton Three-Family Residence Title is generated by Realmo AI

    863 N Main St, Brockton, MA 02301

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    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
    Price / SF:
    $244/SF
    Added:
    Apr 24, 2026
    Days on Market:
    49
    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

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    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

    HighLights

    • 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.
    • Stamped plans are available, potentially streamlining future renovation or expansion projects.
    • Located in Brockton, MA (Plymouth County), offering access to local amenities and services.
    • The 7039 sq ft lot provides outdoor space for recreation and landscaping.

    Overview

    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.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $78.9k $25.80
    − Vacancy −$3.6k −$1.16
    EGI $75.4k $24.64
    − OpEx −$22.6k −$7.39
    NOI $52.8k $17.25
    3,060 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $754.0K
    $659.7K – $879.6K (±1% cap)
    NOI $52,777 @ 7.0% cap · market cap 7.05%
    Second Best
    Apartment 5plus
    $667.4K
    $584.0K – $778.6K (±1% cap)
    NOI $46,716 @ 7.0% cap · market cap 6.24%
    Theoretical Best
    Office A
    $1.46M
    $1.27M – $1.70M (±1% cap)
    NOI $101,876 @ 7.0% cap · market cap 13.60%
    Zoning and permitted uses should be independently verified with local authorities.
    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

    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.
    More about this property
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