Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    838-840 N Montello St Brockton, MA 02301

    View on Map
    Claim this Listing
    New
    For Sale
    $1,400,000

    MULTI_FAMILY - Brockton, MA

    Property size:
    4,902 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $285/SF
    Added:
    May 1, 2026
    Days on Market:
    2
    Last Refresh:
    May 2 at 3:06 pm

    Property Features for 838-840 N Montello St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    C2
    Bedrooms
    9
    Bathrooms
    6
    Rooms
    Bedroom 9, Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 3, Bedroom 7, Bedroom 1, Bedroom 8, Bathroom 5, Bathroom 6, Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 4
    Parking
    12
    Standard status
    Active
    Size
    4,902 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    10496

    Building Details

    Year built
    1925
    Floors in Building
    3
    Number of units
    3

    We can help!

    Listing Contact
    Keller Williams

    Listing agent Keller Williams

    Listing office Keller Williams Realty 1340 Centre Street, Suite 202, Newton, MA

    Listing date May 1, 2026

    MLS# 73511142 Listing URL

    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.

    Overview

    Brockton Multifamily Investment Opportunity

    This multifamily property in Brockton, Massachusetts, presents an investment opportunity with three units. Each unit features three bedrooms and two bathrooms. Tenants are responsible for their own gas and electric utilities, as each unit has separate meters. The property includes a 2-car garage and ample off-street parking. The building is delivered fully occupied with tenants paying market-rate rents, providing immediate income. Recent upgrades include new boilers, newer windows, and an updated roof, contributing to long-term stability. The property is located directly across from the Montello commuter rail station on the Fall River/New Bedford line, offering excellent commuter convenience and benefiting from strong rental demand. The lot size is 0.1547 acres, and the property size is 4902 square feet. The zoning is C2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Brockton
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -71.022621
    Latitude
    42.10585

    Nearby Similar for Sale

    • $899,900
      3,053 SF

      Brockton Sober Living Opportunity

      Sober living house with income potential in Brockton, Massachusetts.
      26 South St, Brockton, MA 02301
      View Details
    • $695,000
      1,632 SF

      Renovated Two-Family Home, Brockton

      Updated 5-bed, 2-bath duplex near commuter rail.
      65 Wayland St, Brockton, MA 02301
      View Details
    • $674,900
      2,142 SF

      Well-Maintained Two-Family Property

      Two-family property with remodeled unit, finished basement, and convenient location.
      28 Clinton St, Brockton, MA 02302
      View Details
    • $1,099,999
      3,975 SF

      Spacious Renovated Brockton Multi-Family

      Well-maintained, high-income triplex near transportation and amenities.
      29 Allen St, Brockton, MA 02301
      View Details
    • $899,900
      3,000 SF

      Renovated Multifamily Home in Brockton

      Updated two-family home near transportation and amenities in Brockton, MA.
      15 Faxon St, Brockton, MA 02302
      View Details
    • $899,900

      Brockton Sober Living Residence

      Large 8-bedroom property ideal for group housing or investment.
      26 South St, Brockton, MA 02301
      View Details
    • $749,000
      3,060 SF

      Brockton Three-Family Residence

      Three-family residence in Brockton with ample space and updates.
      863 N Main St, Brockton, MA 02301
      View Details
    • $214,000

      Established Office Condo For Sale

      Office condo with tenant in place, ideal for investors.
      478 Torrey St 8, Brockton, MA 02301
      View Details
    • $1,999,900
      33,960 SF

      Versatile Salvation Army Building

      Multi-use building with office, warehouse, and residential spaces.
      281 N Main St, Brockton, MA 02301
      View Details
    • $899,900
      3,000 SF

      Renovated Two-Family Home

      Two-unit property with updated systems and convenient location.
      15 Faxon St, Brockton, MA 02302
      View Details
    • $989,900
      3,855 SF

      Renovated Three-Family Home

      Spacious, renovated three-family home with potential for additional bonus rooms.
      809 Warren Avenue, Brockton, MA 02301
      View Details
    • $599,000

      North Brockton Two-Family Home

      Two-family home in North Brockton with commuter access.
      150 E Ashland St, Brockton, MA 02302
      View Details

    FAQs

    What type of property is this?
    Triplex - Three-unit property near commuter rail with strong rental demand.
    Where is this triplex located?
    The property is located at 838-840 N Montello St Brockton, MA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Delivered fully occupied with market‑rate tenants, providing immediate income.; Located directly across from the Montello commuter rail station.; Three spacious 3‑bedroom, 2‑bath units.
    (617) 969-9000
    We can help!
    Listing Contact
    Keller Williams
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    838-840 N Montello St, Brockton, MA 02301

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!