Eight-Bedroom
For Sale
$890,000
Pending
236 Market St, Brockton, MA 02301
Multifamily property with a private yard and dedicated garage parking.
Property Size2,371 SF
Days on Market100
Property Features for 236 Market St
General Information
Standard status
Pending
Size
2,371 SF
Total Parking Spaces
1
Property subtype
3 Family
Amenities
private yard
Building Details
Building Size
2,371 SF
Year Built
1900
Listing Agency:
CM Realty Associates
(508) 297-4012
Listed By:
Brendan Monteiro
(774) 274-1152
Source:
Iverty
Added: Jul 9
Changed: Oct 15
Last Checked: Oct 14 at 11:29PM
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 CM Realty Associates
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Investment Insights
Based on property information with market context.
This triplex at 236 Market St provides 2,371 square feet of living space arranged around eight bedrooms and three full bathrooms. The bathrooms are described as well maintained, while the private yard adds outdoor space for residents. A one-car garage provides on-site parking and secure storage.
Built in 1900, the property offers a substantial residential configuration within Brockton, Massachusetts. Its bedroom count, bathroom layout, yard, and garage create a clearly defined multifamily setup for an owner or operator evaluating residential income property.
Built in 1900, the property offers a substantial residential configuration within Brockton, Massachusetts. Its bedroom count, bathroom layout, yard, and garage create a clearly defined multifamily setup for an owner or operator evaluating residential income property.
Key Highlights
- 2,371 square feet of living space
- Eight bedrooms and three full bathrooms
- Triplex configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,893
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,860
$817.9K
Cap Rate 7%
$584,186
$584.2K
Cap Rate 9%
$454,367
$454.4K
Market Conditions
NOI Build-Up for 2,371 SF
Gross rent
$61.2K $25.80/SF
− Vacancy
−$2.8K −$1.16/SF
EGI
$58.4K $24.64/SF
− OpEx
−$17.5K −$7.39/SF
NOI
$40.9K $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%
$817,860
Cap Rate 7%
$584,186
Cap Rate 9%
$454,367
Alternative Uses
Best Use
Multifamily LT 5
$584.2K
$511.2K – $681.6K
NOI $40,893 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$517.1K
$452.5K – $603.3K
NOI $36,197 @ 7.0% cap · market cap 4.07%
Theoretical Best
Office A
$1.13M
$986.7K – $1.32M
NOI $78,937 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
370
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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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Multifamily property with a private yard and dedicated garage parking.
Where is this triplex located?
The property is located at 236 Market St Brockton, MA.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: 2,371 square feet of living space; Eight bedrooms and three full bathrooms; Triplex configuration
