3-Unit Residential
For Sale
$850,000
201 Spark St, Brockton, MA 02302
Three two-bedroom apartments feature individual kitchens, living areas, and full bathrooms.
Property Size3,426 SF
Days on Market10
Property Features for 201 Spark St
General Information
Standard status
Active
Size
3,426 SF
Total Parking Spaces
2
Property subtype
3 Family
Zoning
I2
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
3 x 2BR
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$8,476
Building Details
Building Size
3,426 SF
Year Built
1925
Listing Agency:
Michael Haikal Real Estate
Listed By:
Michael Haikal · License #455500305
(508) 587-4700
Source:
Allisonmazer
Added: Sep 26
Changed: Oct 2
Last Checked: Oct 4 at 5:42PM
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 Michael Haikal Real Estate
Investment Insights
Based on property information with market context.
This 3,426-square-foot triplex contains three apartments, each with two bedrooms and a full bathroom. The first-floor unit also has a dining room and office setup; the second includes a dining room, while the third has an eat-in kitchen. The property was built in 1925, with siding and a roof installed within the past 6 years. A new porch and a garage with room for two cars are additional features. The lot spans more than 1/4 acre and is zoned I2.
The property is near major routes, shopping, a church, schools, and train service.
The property is near major routes, shopping, a church, schools, and train service.
Key Highlights
- Three apartments, each with 2 bedrooms and a full bathroom
- 3,426 square feet; built in 1925
- Siding and roof installed within the past 6 years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,089
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,181,780
$1.2M
Cap Rate 7%
$844,129
$844.1K
Cap Rate 9%
$656,544
$656.5K
Market Conditions
NOI Build-Up for 3,426 SF
Gross rent
$88.4K $25.80/SF
− Vacancy
−$4.0K −$1.16/SF
EGI
$84.4K $24.64/SF
− OpEx
−$25.3K −$7.39/SF
NOI
$59.1K $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%
$1,181,780
Cap Rate 7%
$844,129
Cap Rate 9%
$656,544
Alternative Uses
Best Use
Multifamily LT 5
$844.1K
$738.6K – $984.8K
NOI $59,089 @ 7.0% cap · market cap 6.95%
Second Best
Apartment 5plus
$747.2K
$653.8K – $871.7K
NOI $52,303 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$1.63M
$1.43M – $1.90M
NOI $114,061 @ 7.0% cap · market cap 13.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
459
Businesses Nearby
Explore this area
Business Placement
Demographics for 02302, MA
36,202
Population
12,828
Households
2.8
Avg Household Size
38
Median Age
21%
College-Educated
83%
High-School Grad
8.9 sq mi
ZIP Area
4,068
Density / Sq Mi
$87,560
Median Household Income
$45,342
Median Earnings
$1,476
Median Rent
$395,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three two-bedroom apartments feature individual kitchens, living areas, and full bathrooms.
Where is this triplex located?
The property is located at 201 Spark St Brockton, MA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Three apartments, each with 2 bedrooms and a full bathroom; 3,426 square feet; built in 1925; Siding and roof installed within the past 6 years
