Three-Unit Property with
12 Third St, Brockton, MA 02301
For Sale
$825,000
Finished basement, paved parking, and a private backyard complement the three-family residential layout.
Property Size2,714 SF
Price / SF$303.98
Days on Market95
Property Features for 12 Third St
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Amenities
finished basement
private backyard
garage
Building Details
Year Built
Listing Agency:
RE/MAX Synergy
Listed By:
Isabel Fernandes Realty Team
(508) 513-8340
Source:
Lawanaandcompany
Added: Aug 10
Changed: Nov 8
Last Checked: Nov 12 at 12:15PM
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 RE/MAX Synergy
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Investment Insights
Based on property information with market context.
Built in 1925, this three-family property includes three residential units, each arranged with 2 bedrooms and 1 full bathroom. A finished basement adds usable living or recreational space, while the exterior includes a paved driveway, off-street parking, a garage, and a private backyard. The first floor will be delivered vacant, providing flexibility for an owner-occupant or rental arrangement.
The property is situated near shopping, restaurants, schools, public transportation, and major highways. Its combination of three units, supplemental finished space, and on-site parking supports a range of residential income and occupancy strategies.
The property is situated near shopping, restaurants, schools, public transportation, and major highways. Its combination of three units, supplemental finished space, and on-site parking supports a range of residential income and occupancy strategies.
Key Highlights
- Three units, each with 2 bedrooms and 1 full bathroom
- Finished basement with additional living or recreational space
- Paved driveway with off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,809
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$936,180
$936.2K
Cap Rate 7%
$668,700
$668.7K
Cap Rate 9%
$520,100
$520.1K
Market Conditions
NOI Build-Up for 2,714 SF
Gross rent
$70.0K $25.80/SF
− Vacancy
−$3.2K −$1.16/SF
EGI
$66.9K $24.64/SF
− OpEx
−$20.1K −$7.39/SF
NOI
$46.8K $17.25/SF
Area
Brockton, MA
Vacancy
4.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$936,180
Cap Rate 7%
$668,700
Cap Rate 9%
$520,100
Alternative Uses
Best Use
Multifamily LT 5
$668.7K
$585.1K – $780.2K
NOI $46,809 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$591.9K
$517.9K – $690.6K
NOI $41,434 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,357 @ 7.0% cap · market cap 10.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
766
Businesses Nearby
Explore this area
Business Placement
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
$414,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Brockton, MA
Properties on Market for Triplexes in Brockton
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Finished basement, paved parking, and a private backyard complement the three-family residential layout.
Where is this triplex located?
The property is located at 12 Third St Brockton, MA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Three units, each with 2 bedrooms and 1 full bathroom; Finished basement with additional living or recreational space; Paved driveway with off‑street parking
