863 N Main St, Brockton, MA 02301
Three-family residence in Brockton with ample space and updates.
- 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
Listing agent Richardson Luc (781) 706-5908
Listing office (781) 706-5908
Listing date Apr 24, 2026
Source Elliman
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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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brockton
- County
- Plymouth
- State
- Massachusetts
- Longitude
- -71.0176081
- Latitude
- 42.0683553