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Oversized Two-Family Home

10 Essex St Brockton, MA 02301

10 Essex St, Brockton, MA, 02301
$940,000
For Sale
$940,000

Two-family with newly renovated first-floor unit, townhouse-style upper levels, and off-street parking for multiple vehicles.

Property Size2,688 SF
Price / SF$349.70
Days on Market19

Property Features for 10 Essex St

General Information

Standard status
Active
Size
2,688 SF
Property subtype
Multi Family

Building Details

Year Built
1889
Listing agency Hartford Homes Realty LLC
Listed by Traci Almeida · License #452508574
Source Iverty
Added: Jul 4 Updated: Jul 22 at 4:55PM Checked: Jul 22 at 4:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hartford Homes Realty LLC


Investment Insights

Based on property information with market context.

This oversized two-family home offers flexible, multi-level living with a total of 11 bedrooms. The first-floor unit has been newly renovated and includes a spacious eat-in kitchen, high ceilings, and generous living areas. The second and third floors are townhouse style, providing additional levels of living space designed for flexible layouts and larger households.

A newly installed driveway accommodates up to eight cars, offering substantial off-street parking for residents. The property also features eat-in kitchens and high ceilings in both units, supported by a strong bedroom count throughout.

The home also presents conversion potential to a three-family configuration, subject to obtaining the proper permitting.

Key Highlights

  • 1889‑built two‑family home with a total of 11 bedrooms
  • Newly installed driveway offers off‑street parking for up to 8 cars
  • First‑floor unit newly renovated with a spacious eat‑in kitchen, high ceilings, and generous living areas

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 $69.4k $25.80
− Vacancy −$3.1k −$1.16
EGI $66.2k $24.64
− OpEx −$19.9k −$7.39
NOI $46.4k $17.25
2,688 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$662.3K
$579.5K – $772.7K (±1% cap)
NOI $46,361 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$586.2K
$513.0K – $684.0K (±1% cap)
NOI $41,037 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M (±1% cap)
NOI $89,491 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Dental Office Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Accounting Firm Cafe & Coffee Shop Garden Center Carpet & Flooring Store Bakery

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

FAQs

What type of property is this?
Duplex - Two-family with newly renovated first-floor unit, townhouse-style upper levels, and off-street parking for multiple vehicles.
Where is this duplex located?
The property is located at 10 Essex St Brockton, MA.
What is the asking price?
The asking price for this property is $940,000.
What are key features of this property?
This property features: 1889‑built two‑family home with a total of 11 bedrooms; Newly installed driveway offers off‑street parking for up to 8 cars; First‑floor unit newly renovated with a spacious eat‑in kitchen, high ceilings, and generous living areas
Contact an agent
More about this property
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