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Three-Unit Residential Income Building

4 Richmond St Brockton, MA 02301

4 Richmond St, Brockton, MA, 02301
$849,900
For Sale
$849,900

MULTI_FAMILY - Brockton, MA

Property Size3,124 SF
Lot Size0.25 Acres
Price / SF$272.06
Days on Market9

Property Features for 4 Richmond St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
8
Bathrooms
3
Rooms
Bedroom 4, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 6, Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 8, Bedroom 5
Parking
4
Standard status
Active
APN
M:096 R:126 S:,962101
Size
3,124 SF
Lot size
0.25 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
8603

Building Details

Year built
1874
Floors in Building
3
Number of units
3
Listing agency RE/MAX Synergy
Listed by Luis B Martins
Added: Jul 14 Updated: Jul 18 at 3:06AM Checked: Jul 22 at 11:06PM
MLS# 73549673

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.

4 Richmond St is a spacious three-family residential income property with 3 bedrooms on the first floor, 3 bedrooms on the second floor, and 2 bedrooms on the third. The building includes 3 full bathrooms and a full unfinished basement with a walkout to a spacious backyard. The roof and windows are described as newer, and the property offers plenty of off-street parking.

The property is located near amenities including shopping, schools, hospitals, laundry, and major highways, providing convenient access to surrounding services. All three units can be delivered vacant.

Key Highlights

  • 3‑family home built in 1874 with 3 bedrooms on the first floor, 3 on the second, and 2 on the third
  • 3 full bathrooms total across the three units
  • Newer roof and windows

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 $80.6k $25.80
− Vacancy −$3.6k −$1.16
EGI $77.0k $24.64
− OpEx −$23.1k −$7.39
NOI $53.9k $17.25
3,124 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$769.7K
$673.5K – $898.0K (±1% cap)
NOI $53,881 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$681.3K
$596.2K – $794.9K (±1% cap)
NOI $47,693 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M (±1% cap)
NOI $104,007 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Skin Care Clinic Gym & Fitness Center Spa & Massage Center Real Estate Agency Cafe & Coffee Shop Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Accounting Firm

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

FAQs

What type of property is this?
Triplex - A 3-family property featuring multiple bedrooms per unit, 3 full bathrooms, and a newer roof and windows.
Where is this triplex located?
The property is located at 4 Richmond St Brockton, MA.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: 3‑family home built in 1874 with 3 bedrooms on the first floor, 3 on the second, and 2 on the third; 3 full bathrooms total across the three units; Newer roof and windows
Contact an agent
More about this property
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