Three-Level Duplex
For Sale
$729,999
361 N Montello, Brockton, MA 02301
Two residential units offer distinct layouts suited to owner occupancy, rental operations, or multigenerational living.
Property Size2,598 SF
Price / SF$280.98
Days on Market73
Property Features for 361 N Montello
General Information
Standard status
Active
Size
2,598 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Building Details
Year Built
1920
Buildings
1
Stories
3
Listing Agency:
RE/MAX Vantage
Listed By:
Michael Nunes
(774) 581-1533
Source:
Lawanaandcompany
Added: Jul 26
Changed: Sep 5
Last Checked: Oct 5 at 10:14PM
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 Vantage
Investment Insights
Based on property information with market context.
This duplex property, built in 1920, contains 2,598 square feet across three levels. The first unit is arranged for single-level living, while the second occupies the upper two floors in a townhouse-style configuration. Together, the property includes 6 bedrooms and 3 full baths, providing distinct living arrangements within one building.
The property is located at 361 N. Montello in Brockton, Massachusetts, near shopping, restaurants, schools, parks, public transportation, the Montello Commuter Rail, and major highways. Its residential layout supports a range of ownership and occupancy arrangements, including separate household use and multigenerational living.
The property is located at 361 N. Montello in Brockton, Massachusetts, near shopping, restaurants, schools, parks, public transportation, the Montello Commuter Rail, and major highways. Its residential layout supports a range of ownership and occupancy arrangements, including separate household use and multigenerational living.
Key Highlights
- Duplex property with 6 bedrooms and 3 full baths
- 2,598 square feet arranged across three levels
- First unit offers one‑level living
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,808
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$896,160
$896.2K
Cap Rate 7%
$640,114
$640.1K
Cap Rate 9%
$497,867
$497.9K
Market Conditions
NOI Build-Up for 2,598 SF
Gross rent
$67.0K $25.80/SF
− Vacancy
−$3.0K −$1.16/SF
EGI
$64.0K $24.64/SF
− OpEx
−$19.2K −$7.39/SF
NOI
$44.8K $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%
$896,160
Cap Rate 7%
$640,114
Cap Rate 9%
$497,867
Alternative Uses
Best Use
Multifamily LT 5
$640.1K
$560.1K – $746.8K
NOI $44,808 @ 7.0% cap · market cap 6.14%
Second Best
Apartment 5plus
$566.6K
$495.8K – $661.1K
NOI $39,663 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M
NOI $86,495 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
791
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
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer distinct layouts suited to owner occupancy, rental operations, or multigenerational living.
Where is this duplex located?
The property is located at 361 N Montello Brockton, MA.
What is the asking price?
The asking price for this property is $729,999.
What are key features of this property?
This property features: Duplex property with 6 bedrooms and 3 full baths; 2,598 square feet arranged across three levels; First unit offers one‑level living
