Two-Family Home with
New
For Sale
$689,870
227 Dover St, Brockton, MA 02301
Five bedrooms, two full bathrooms, and two central air systems serve the property’s two-family configuration.
Property Size2,006 SF
Price / SF$343.90
Days on Market2
Property Features for 227 Dover St
General Information
Standard status
Active
Size
2,006 SF
Total Parking Spaces
5
Property subtype
Multi-Family
Zoning
R1C
Additional Details
Public Transit
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,931
Amenities
yard
private patio
central air
Building Details
Building Size
2,006 SF
Year Built
1915
Buildings
1
Stories
2
Listing Agency:
Keller Williams Realty
(508) 238-5000
Listed By:
Charles Lima · License #126683
(508) 272-4442
Source:
Churchillprop
Added: Oct 14
Changed: Oct 15
Last Checked: Oct 15 at 2:17AM
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
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Investment Insights
Based on property information with market context.
Built in 1915, this two-family residence contains 2,006 square feet, with five bedrooms and two full bathrooms. Recent work includes electrical improvements, kitchen and bathroom updates, and two new central air systems. Delead Certificates are available. The property is zoned R1C.
Outdoor features include a yard with a private patio, an oversized one-car garage, and additional off-street parking. The home is in Brockton’s Westside neighborhood, near schools, playgrounds, dining, shopping, and a commuter rail station.
Outdoor features include a yard with a private patio, an oversized one-car garage, and additional off-street parking. The home is in Brockton’s Westside neighborhood, near schools, playgrounds, dining, shopping, and a commuter rail station.
Key Highlights
- Two‑family residence with 2,006 square feet
- Five bedrooms and two full bathrooms
- Two new central air systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,598
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,960
$692.0K
Cap Rate 7%
$494,257
$494.3K
Cap Rate 9%
$384,422
$384.4K
Market Conditions
NOI Build-Up for 2,006 SF
Gross rent
$51.8K $25.80/SF
− Vacancy
−$2.3K −$1.16/SF
EGI
$49.4K $24.64/SF
− OpEx
−$14.8K −$7.39/SF
NOI
$34.6K $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%
$691,960
Cap Rate 7%
$494,257
Cap Rate 9%
$384,422
Alternative Uses
Best Use
Multifamily LT 5
$494.3K
$432.5K – $576.6K
NOI $34,598 @ 7.0% cap · market cap 5.02%
Second Best
Apartment 5plus
$437.5K
$382.8K – $510.4K
NOI $30,625 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$954.1K
$834.8K – $1.11M
NOI $66,785 @ 7.0% cap · market cap 9.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,039
Businesses Nearby
Explore this area
Business Placement
Demographics for 02301, MA
69,418
Population
24,592
Households
2.8
Avg Household Size
37
Median Age
22%
College-Educated
81%
High-School Grad
12.4 sq mi
ZIP Area
5,598
Density / Sq Mi
$72,727
Median Household Income
$43,588
Median Earnings
$1,566
Median Rent
$414,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Five bedrooms, two full bathrooms, and two central air systems serve the property’s two-family configuration.
Where is this duplex located?
The property is located at 227 Dover St Brockton, MA.
What is the asking price?
The asking price for this property is $689,870.
What are key features of this property?
This property features: Two‑family residence with 2,006 square feet; Five bedrooms and two full bathrooms; Two new central air systems
