Two-Story Multifamily
202 Summer Street Brockton, MA 02302
202 Summer Street, Brockton, MA, 02302
$850,000
For Sale
$850,000
Two-story residence with seven bedrooms and three full bathrooms, with major repair needs and sold as-is.
Property Size2,352 SF
Lot Size0.83 Acres
Price / SF$361.39
Days on Market165
Property Features for 202 Summer Street
General Information
- Standard status
- Active
- Size
- 2,352 SF
- Lot size
- 0.83 Acres
- Property subtype
- Multi-family / 2 Family
Building Details
- Year Built
- 1836
Listing agency
Romy Realty
(508) 562-3776
Listed by
Nahum Omeler · License #9503555
(508) 562-3776
Source
Compass
Added: Feb 8 Updated: Jul 22 at 5:04PM Checked: Jul 22 at 5:04PM
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 two-story multifamily residence provides approximately 2,352 square feet of living area arranged to accommodate multiple living configurations. The home includes seven bedrooms and three full bathrooms. Constructed in 1836, it sits on a large lot totaling approximately 36,076 square feet.
The property is located at 202 Summer Street in Brockton, Massachusetts.
The seller reports the property is in need of some repair, including roofing, electrical, decks, and other work, and the property is being sold as-is.
The property is located at 202 Summer Street in Brockton, Massachusetts.
The seller reports the property is in need of some repair, including roofing, electrical, decks, and other work, and the property is being sold as-is.
Key Highlights
- Two‑story multi‑family residence with 2,352 SF of living area
- 7 bedrooms and 3 full bathrooms total
- Built in 1836 with full 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 | $60.7k | $25.80 |
| − Vacancy | −$2.7k | −$1.16 |
| EGI | $58.0k | $24.64 |
| − OpEx | −$17.4k | −$7.39 |
| NOI | $40.6k | $17.25 |
2,352 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$579.5K
$507.1K – $676.1K
NOI $40,566 @ 7.0% cap · market cap 4.77%
Second Best
Apartment 5plus
$513.0K
$448.8K – $598.5K
NOI $35,907 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$1.12M
$978.8K – $1.31M
NOI $78,305 @ 7.0% cap · market cap 9.21%
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 - Two-story residence with seven bedrooms and three full bathrooms, with major repair needs and sold as-is.
Where is this duplex located?
The property is located at 202 Summer Street 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: Two‑story multi‑family residence with 2,352 SF of living area; 7 bedrooms and 3 full bathrooms total; Built in 1836 with full basement
