Renovated 3-Family Residential
15 First Street Brockton, MA 02301
For Sale
$860,000
Completely renovated 3-family home offers spacious bedrooms and a convenient driveway with ample parking.
Property Size2,870 SF
Price / SF$299.65
Days on Market264
Property Features for 15 First Street
General Information
- Standard status
- Active
- Size
- 2,870 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1925
Listing Agency:
Romy Realty
Listed By:
Samuel Verneus
(617) 396-3100
Source:
Longwoodresidential
Added: Nov 5, 2025
Changed: Jul 21
Last Checked: Jul 22 at 7:32AM
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 Romy Realty
Investment Insights
Based on property information with market context.
This completely renovated 3-family residential income property is move-in ready and configured as a three-unit home. The layout features spacious bedrooms across the units.
A convenient driveway provides ample parking for residents and guests, supporting day-to-day usability.
With its renovated condition and straightforward three-family configuration, the property is well suited for buyers seeking a turnkey rental structure.
A convenient driveway provides ample parking for residents and guests, supporting day-to-day usability.
With its renovated condition and straightforward three-family configuration, the property is well suited for buyers seeking a turnkey rental structure.
Key Highlights
- Completely renovated 3‑family home
- Year built: 1925
- Spacious bedrooms
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 | $74.0k | $25.80 |
| − Vacancy | −$3.3k | −$1.16 |
| EGI | $70.7k | $24.64 |
| − OpEx | −$21.2k | −$7.39 |
| NOI | $49.5k | $17.25 |
2,870 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$707.1K
$618.8K – $825.0K
NOI $49,500 @ 7.0% cap · market cap 5.76%
Second Best
Apartment 5plus
$625.9K
$547.7K – $730.3K
NOI $43,815 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,550 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Completely renovated 3-family home offers spacious bedrooms and a convenient driveway with ample parking.
Where is this triplex located?
The property is located at 15 First Street Brockton, MA.
What is the asking price?
The asking price for this property is $860,000.
What are key features of this property?
This property features: Completely renovated 3‑family home; Year built: 1925; Spacious bedrooms
