Active
27 Days on market
483-491 Brayton Ave. Fall River — Photo 1 of 42

483-491 Brayton Ave. Fall River — Photo 1 of 42

$1,200,000

Investment Analysis — 483-491 Brayton Ave.

Fall River, MA 02721

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 3-unit multi-family in 02721 carries an estimated $3,570/mo in gross rent — about a 1.89% cap rate and $22,638/yr in estimated NOI at the $1,200,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

3

SqFt

5,237

Style

2 Family - 2 Units Side by Side

Built

1922

Rare opportunity to own a thriving mixed-use property featuring a well-established, profitable café/bar business and the real estate! Family-owned for many years, this local landmark is being offered for sale due to retirement, making it the perfect opportunity for an owner-operator or investor. The cafe/bar has a seating capacIty of 90 guests and includes a full liquor license, pool tables, a fully equipped commercial kitchen with a walk-in cooler, and additional revenue from lottery sales. The spacious lawn area provides excellent potential for seasonal outdoor seating, further enhancing the customer experience. The second floor features two well-maintained and renovated residential apartments, each offering 2 bedrooms and 1 full bath, creating an excellent source of rental income or the ideal live/work setup. Additional features include a detached 2-car garage, paved parking lot for approximately 10 vehicles, and a durable stucco exterior. The property has been extensively renovated within the past 11 years and has been meticulously maintained throughout. Situated on a highly visible corner lot with exceptional exposure, this location benefits from steady traffic and strong community recognition. Whether you're looking to expand your investment portfolio or fulfill the dream of owning a successful business while living on-site, this turnkey opportunity checks all the boxes. Business, real estate, liquor license, and equipment are included in the sale. Don't miss your chance to own a respected, income-producing establishment with multiple revenue streams in a prime location.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$1,200,000
Annual Taxes$9,920

Parking

Garage2
Off-Street12

Interior Specifications

Total Rooms12
FireplacesNone
FlooringTile, Vinyl, Varies, Hardwood
BasementFull, Interior Entry, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofAsphalt/Composition Shingles
FoundationGranite
ZoningB-L

Property & Lot

Acres0.2
SqFt Lot8,638
Lot FeaturesCorner Lot, Cleared

Amenities & Appliances

Range • Refrigerator

Neighborhood

Public Transportation • Shopping • Highway Access

Geography

Listing Provided By

Listing Agent: Christopher J. Paiva

Listing Office: Paiva Real Estate Services, LLC

MLS® Number: 73564470