Well-Maintained Three-Family
12 Third St Brockton, MA 02301
12 Third St, Brockton, MA, 02301
$825,000
For Sale
$825,000
MULTI_FAMILY - Brockton, MA
Property Size2,714 SF
Lot Size0.14 Acres
Price / SF$303.98
Days on Market16
Property Features for 12 Third St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bedroom 4, Bathroom 4, Bedroom 6, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 3
- Parking
- 4
- Fireplace
- 1
- Standard status
- Active
- APN
- M:070 R:061 S:
- Size
- 2,714 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8251
Building Details
- Year built
- 1925
- Floors in Building
- 3
- Number of units
- 3
Listing agency
RE/MAX Synergy
(508) 857-5392
Listed by
Luis B Martins
(508) 857-5392
Added: Jul 7 Updated: Jul 11 at 7:35AM Checked: Jul 22 at 7:06AM
MLS# 73545793
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained three-family residence includes three spacious units, each configured with 2 bedrooms and 1 full bathroom. The property also features a finished basement that can provide additional living or recreational space, depending on how the next owner wants to use it. Outside, there is a paved driveway offering off-street parking, along with a garage and a private backyard.
Located in Brockton, Massachusetts, the home is described as convenient to shopping, restaurants, schools, public transportation, and major highways, supporting everyday access for residents. The listing notes that the first-floor unit will be delivered vacant, which can simplify occupancy and planning for an owner-occupant or investor.
For tenants or buyers looking for a straightforward income-or-occupy setup, the three-unit layout offers multiple housing options under one roof. The combination of unit living space and finished basement flexibility may appeal to households seeking more usable square footage, while the driveway and garage help support day-to-day convenience. With parking and outdoor private space included, the property is well suited to maintain appeal for residential occupants.
Located in Brockton, Massachusetts, the home is described as convenient to shopping, restaurants, schools, public transportation, and major highways, supporting everyday access for residents. The listing notes that the first-floor unit will be delivered vacant, which can simplify occupancy and planning for an owner-occupant or investor.
For tenants or buyers looking for a straightforward income-or-occupy setup, the three-unit layout offers multiple housing options under one roof. The combination of unit living space and finished basement flexibility may appeal to households seeking more usable square footage, while the driveway and garage help support day-to-day convenience. With parking and outdoor private space included, the property is well suited to maintain appeal for residential occupants.
Key Highlights
- Three‑family property built in 1925
- Three units total, each with 2 bedrooms and 1 full bathroom
- Finished basement adds extra living or recreational space
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 | $70.0k | $25.80 |
| − Vacancy | −$3.2k | −$1.16 |
| EGI | $66.9k | $24.64 |
| − OpEx | −$20.1k | −$7.39 |
| NOI | $46.8k | $17.25 |
2,714 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$668.7K
$585.1K – $780.2K
NOI $46,809 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$591.9K
$517.9K – $690.6K
NOI $41,434 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,357 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three units with 2 bedrooms and 1 full bath, plus a finished basement, driveway parking, garage, and private backyard.
Where is this triplex located?
The property is located at 12 Third St Brockton, MA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Three‑family property built in 1925; Three units total, each with 2 bedrooms and 1 full bathroom; Finished basement adds extra living or recreational space
