Vacant Triplex Ready for
15 Exchange St Brockton, MA 02302
15 Exchange St, Brockton, MA, 02302
$999,777
For Sale
$999,777
Vacant and move-in ready triplex with separate utilities, gas heat, three bedrooms per unit, and coin-op laundry.
Property Size3,603 SF
Price / SF$277.48
Days on Market125
Property Features for 15 Exchange St
General Information
- Standard status
- Active
- Size
- 3,603 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1919
Listing agency
Vicente Realty, LLC
(508) 944-3144
Listed by
Adelino Vicente
Source
Paulgrover
Added: Mar 19 Updated: Jul 21 at 2:14AM Checked: Jul 21 at 2:14AM
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 Vicente Realty, LLC
Investment Insights
Based on property information with market context.
VACANT AND READY. This well-maintained triplex is move-in ready and offers rental income potential. Each unit includes a dining room, kitchen, and living room, along with three true bedrooms. Tenants also benefit from separate utilities and efficient gas heating.
The property includes a large unfinished basement with coin-operated laundry. Exterior improvements feature durable vinyl siding and a flat roof, with double decks and an oversized yard. The home is described as being within walking distance to local amenities.
Overall, the layout is designed for comfortable, self-contained living in each unit, while the unfinished basement and yard provide additional usable space.
The property includes a large unfinished basement with coin-operated laundry. Exterior improvements feature durable vinyl siding and a flat roof, with double decks and an oversized yard. The home is described as being within walking distance to local amenities.
Overall, the layout is designed for comfortable, self-contained living in each unit, while the unfinished basement and yard provide additional usable space.
Key Highlights
- Vacant and move‑in ready triplex
- Year built 1919; vinyl siding and flat roof
- Each unit has separate utilities and efficient gas heating
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 | $93.0k | $25.80 |
| − Vacancy | −$4.2k | −$1.16 |
| EGI | $88.8k | $24.64 |
| − OpEx | −$26.6k | −$7.39 |
| NOI | $62.1k | $17.25 |
3,603 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$887.7K
$776.8K – $1.04M
NOI $62,142 @ 7.0% cap · market cap 6.22%
Second Best
Apartment 5plus
$785.8K
$687.6K – $916.8K
NOI $55,006 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$1.71M
$1.50M – $2.00M
NOI $119,954 @ 7.0% cap · market cap 12.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Vacant and move-in ready triplex with separate utilities, gas heat, three bedrooms per unit, and coin-op laundry.
Where is this triplex located?
The property is located at 15 Exchange St Brockton, MA.
What is the asking price?
The asking price for this property is $999,777.
What are key features of this property?
This property features: Vacant and move‑in ready triplex; Year built 1919; vinyl siding and flat roof; Each unit has separate utilities and efficient gas heating
