Victorian Two-Family with
197 Market Street Brockton, MA 02301
197 Market Street, Brockton, MA, 02301
$759,000
For Sale
$759,000
Recently refreshed Victorian two-family with updated kitchens, two updated baths, and a two-car garage plus off-street parking.
Property Size2,337 SF
Lot Size0.17 Acres
Price / SF$324.78
Days on Market70
Property Features for 197 Market Street
General Information
- Standard status
- Active
- Size
- 2,337 SF
- Lot size
- 0.17 Acres
- Property subtype
- Multi-family / 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1890
Listing agency
Realty Solutions Inc.
(617) 845-5677
Listed by
Susan Downing · License #118817
(617) 845-5677
Source
Compass
Added: May 13 Updated: Jul 20 at 9:18PM Checked: Jul 21 at 6:20AM
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 Realty Solutions Inc.
Investment Insights
Based on property information with market context.
This Victorian two-family has been recently refreshed and offers updated kitchens with new appliances and two updated baths. The floor plan is described as flexible, with options for a formal dining room or an additional bedroom. Original character features including gleaming floors, period woodwork, and French doors have been maintained and refurbished.
The property is situated on a fenced lot and includes a two-car garage, offering secure parking and additional storage, as well as a driveway with off-street parking for four cars. The home will be delivered vacant.
As a residential income property, it is presented as a duplex-style configuration with room for owner-occupancy, while still supporting multi-family living within the two-family layout.
The property is situated on a fenced lot and includes a two-car garage, offering secure parking and additional storage, as well as a driveway with off-street parking for four cars. The home will be delivered vacant.
As a residential income property, it is presented as a duplex-style configuration with room for owner-occupancy, while still supporting multi-family living within the two-family layout.
Key Highlights
- Victorian two‑family built in 1890 with original features including period woodwork and French doors
- Recently refreshed with updated kitchens featuring new appliances (range, dishwasher, disposal, refrigerator)
- Two updated baths (2 full baths total) with tub & shower; full, walk‑out basement
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 | $60.3k | $25.80 |
| − Vacancy | −$2.7k | −$1.16 |
| EGI | $57.6k | $24.64 |
| − OpEx | −$17.3k | −$7.39 |
| NOI | $40.3k | $17.25 |
2,337 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$575.8K
$503.8K – $671.8K
NOI $40,307 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$509.7K
$446.0K – $594.6K
NOI $35,678 @ 7.0% cap · market cap 4.70%
Theoretical Best
Office A
$1.11M
$972.6K – $1.30M
NOI $77,805 @ 7.0% cap · market cap 10.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Recently refreshed Victorian two-family with updated kitchens, two updated baths, and a two-car garage plus off-street parking.
Where is this duplex located?
The property is located at 197 Market Street Brockton, MA.
What is the asking price?
The asking price for this property is $759,000.
What are key features of this property?
This property features: Victorian two‑family built in 1890 with original features including period woodwork and French doors; Recently refreshed with updated kitchens featuring new appliances (range, dishwasher, disposal, refrigerator); Two updated baths (2 full baths total) with tub & shower; full, walk‑out basement
