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Two-Family Residential Income

361 N Montello Brockton, MA 02301

361 N Montello, Brockton, MA, 02301
$729,999
For Sale
$729,999

MULTI_FAMILY - Brockton, MA

Property Size2,598 SF
Price / SF$280.98
Days on Market24

Property Features for 361 N Montello

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
C2
Bedrooms
6
Bathrooms
3
Rooms
Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 5, Bathroom 1, Bedroom 3
Parking
5
Standard status
Active
APN
963614
Size
2,598 SF

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
6704

Building Details

Year built
1920
Floors in Building
3
Number of units
2
Listing agency RE/MAX Vantage
Listed by Eddie Lopez
Added: Jun 29 Updated: Jul 11 at 6:30AM Checked: Jul 22 at 7:06PM
MLS# 73542970

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 three-level two-family residence offers a total of 6 bedrooms and 3 full baths, laid out for separate living between the two units. The first unit is configured for comfortable one-level living. The second unit features a townhouse-style layout spanning the second and third floors, providing added separation within the home.

The property is located at 361 N Montello in Brockton, MA, within zoning designated as C2. The area is described as convenient to shopping, restaurants, schools, parks, and public transportation, including access to the Montello Commuter Rail and major highways for commuting.

With bright, spacious rooms and a functional arrangement across three levels, the home is designed to support flexible use as a multi-family property in a well-connected Brockton location.

Key Highlights

  • 1920‑built two‑family home with 6 bedrooms and 3 full bathrooms
  • Three levels of living space, offering multiple layout options
  • First unit features one‑level living

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 $67.0k $25.80
− Vacancy −$3.0k −$1.16
EGI $64.0k $24.64
− OpEx −$19.2k −$7.39
NOI $44.8k $17.25
2,598 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$640.1K
$560.1K – $746.8K (±1% cap)
NOI $44,808 @ 7.0% cap · market cap 6.14%
Second Best
Apartment 5plus
$566.6K
$495.8K – $661.1K (±1% cap)
NOI $39,663 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M (±1% cap)
NOI $86,495 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Skin Care Clinic Carpet & Flooring Store Pharmacy Locksmith Gym & Fitness Center Catering Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Nursing Home

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Three-level two-family home with 6 bedrooms and 3 full baths, including a townhouse-style second unit.
Where is this duplex located?
The property is located at 361 N Montello Brockton, MA.
What is the asking price?
The asking price for this property is $729,999.
What are key features of this property?
This property features: 1920‑built two‑family home with 6 bedrooms and 3 full bathrooms; Three levels of living space, offering multiple layout options; First unit features one‑level living
Contact an agent
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