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Two-Family Duplex with New Roof
New
For Sale
$629,000

101 Winthrop St, Brockton, MA 02301

Two-bedroom units, brand-new roof, and a newer gas hot water heater in a two-family duplex built in 1890.

Days on Market2

Property Features for 101 Winthrop St

General Information

Standard status Active
Property subtype Investment

Building Details

Building Size 2,595 SF
Year Built 1890
Tenancy Multi
Listing Agency: Gold Key Realty LLC
Listed By: Chad Goldstein
Source: Elliman
Added: Jul 29 Changed: Jul 30 Last Checked: Jul 30 at 3:30AM

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 Gold Key Realty LLC

Investment Insights

Based on property information with market context.

This two-family duplex offers a practical layout with two generously sized bedrooms in each unit, along with spacious living areas. The property is in need of a refresh, providing room for updates and personal touches. Major improvements are already in place, including a brand-new roof and a newer gas hot water heater, which can help reduce near-term capital expenses. The configuration supports either renovating and renting both units or living in one unit while collecting income from the other.

Located at 101 Winthrop St in Brockton, MA, the property is convenient to shopping, restaurants, schools, public transportation, and commuter routes, supporting a tenant- and owner-occupant friendly lifestyle.

Built in 1890, this duplex blends an established building with recent key updates, making it well suited for buyers looking to modernize and optimize the space.

Key Highlights

  • Two‑family duplex with two bedrooms in each unit
  • Brand‑new roof
  • Newer gas hot water heater

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 $63.9k $24.64
− OpEx −$19.2k −$7.39
NOI $44.8k $17.25
2,595 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$639.4K
$559.5K – $746.0K (±1% cap)
NOI $44,757 @ 7.0% cap · market cap 7.12%
Second Best
Apartment 5plus
$566.0K
$495.2K – $660.3K (±1% cap)
NOI $39,617 @ 7.0% cap · market cap 6.30%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,395 @ 7.0% cap · market cap 13.74%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Electrical Service Nursing Home Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,580
Businesses Nearby

Demographics for 02301, MA

69,418
Population
24,592
Households
2.8
Avg Household Size
37
Median Age
22%
College-Educated
81%
High-School Grad
12.4 sq mi
ZIP Area
5,598
Density / Sq Mi
$72,727
Median Household Income
$43,588
Median Earnings
$1,566
Median Rent
$414,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom units, brand-new roof, and a newer gas hot water heater in a two-family duplex built in 1890.
Where is this duplex located?
The property is located at 101 Winthrop St Brockton, MA.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Two‑family duplex with two bedrooms in each unit; Brand‑new roof; Newer gas hot water heater
More about this property
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