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284 Broadway, Fall River, MA, 02721

6beds
3baths
3,608sqft
$699,900
$194price/sqft
$5,168/moest. monthly cost
$206,720/yrincome needed

About This Home

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.

Getting Around

89
WalkingVery Walkable
43
TransitSome Transit
56
BikeBikeable

Schools

5/10
2/10
B M C Durfee High SchoolGrades 9-122.3 mi
2/10

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Stone,Granite

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area above ground: 3,608

Interior Area

  • Total structure area: 3,608
  • Total interior livable area: 3,608 sqft

Property

Details

  • Parcel number: M:0G04 B:0000 L:0021,2825775
  • Zoning: A-2

Lot

  • Lot size: 3,145 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 4
  • Parking features: Assigned
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Flood
Hurricane
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,539$42,468
Home Insurance *$299$3,588
Property Taxes $619$7,428
Electricity $711$8,537
Total$5,168$62,016
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$177,188/yr
40% on housing$155,040/yr
45% on housing$137,813/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$194This listing

vs Other Active Listings

Avg $/sqft

ZIP 02721$225
Bristol County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 02721$228
Bristol County$339

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-09Listed for sale$749,900
2019-05-17Sold$500,000

For Sale by Agent

AgentZachary Midwood
BrokerageDivine Real Estate, Inc.

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