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Updated Two-Family Residential Income

18 Marion St Brockton, MA 02302

New
18 Marion St, Brockton, MA, 02302
$699,900
For Sale
$699,900

Two renovated units offer three bedrooms each, updated kitchens and baths, plus a walk-up attic with staircase access.

Property Size2,300 SF
Price / SF$304.30
Days on Market2

Property Features for 18 Marion St

General Information

Standard status
Active
Size
2,300 SF
Property subtype
Multi Family Home

Building Details

Year Built
1925
Listing agency Keller Williams Realty
Listed by Nelson Depina
Source Alliancepartnersre
Added: Jul 20 Updated: Jul 21 at 9:56AM Checked: Jul 21 at 9:56AM

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 Keller Williams Realty


Investment Insights

Based on property information with market context.

18 Marion St presents an updated two-family residential income property with two self-contained units. Each unit is designed with a spacious, functional layout that includes three bedrooms, bright living spaces, and updated kitchens and bathrooms. A walk-up attic is accessed by an existing staircase, creating additional flexibility for future finished living space or expanded storage, subject to buyer due diligence.

The property is located on a dead-end street and is described as conveniently near shopping, restaurants, schools, public transportation, and major highways. The home is marketed as move-in ready, with updates intended to provide ongoing peace of mind.

There are no showings scheduled until the open house on Sunday 7/19 from 12–2 PM, and offers will be reviewed 7/21 at 12 PM.

Key Highlights

  • 1925‑built two‑family home with two renovated units
  • Each unit has 3 bedrooms, an updated kitchen, and an updated bathroom
  • Walk‑up attic offers existing staircase access for potential finished space or extra storage (buyer to perform due diligence)

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 $59.3k $25.80
− Vacancy −$2.7k −$1.16
EGI $56.7k $24.64
− OpEx −$17.0k −$7.39
NOI $39.7k $17.25
2,300 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$566.7K
$495.9K – $661.2K (±1% cap)
NOI $39,669 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$501.6K
$438.9K – $585.2K (±1% cap)
NOI $35,113 @ 7.0% cap · market cap 5.02%
Theoretical Best
Office A
$1.09M
$957.2K – $1.28M (±1% cap)
NOI $76,573 @ 7.0% cap · market cap 10.94%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Carpet & Flooring Store Catering Service Electrical Service Butcher (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Store Pet Store & Service Acupuncture Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two renovated units offer three bedrooms each, updated kitchens and baths, plus a walk-up attic with staircase access.
Where is this duplex located?
The property is located at 18 Marion St Brockton, MA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 1925‑built two‑family home with two renovated units; Each unit has 3 bedrooms, an updated kitchen, and an updated bathroom; Walk‑up attic offers existing staircase access for potential finished space or extra storage (buyer to perform due diligence)
Contact an agent
More about this property
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