Three-Unit Property with
For Sale
$899,000
25 Second, Brockton, MA 02301
R2 zoning, separately metered utilities, and updated interiors support distinct residential occupancy across the units.
Property Size2,436 SF
Price / SF$369.05
Days on Market12
Property Features for 25 Second
General Information
Standard status
Active
Size
2,436 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
R2
Units
Multifamily Units
3
Individually Metered Utilities
all utilities
Additional Details
Utilities to Site
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$7,728
Amenities
decks
Full
Wood
3
No
Washer Hookup
Public Record
2436
Public
0.13
5
1
Paved Drive,Off Street,Paved
Granite
Building Details
Building Size
2,436 SF
Year Built
1890
Buildings
1
Stories
3
Tenancy
Multi
Listing Agency:
J. R. Pierre Real Estate
(617) 625-1193
Listed By:
Rivard Pierre · License #9031521
(617) 233-9894
Source:
Jrpierre
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 11:43AM
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 J. R. Pierre Real Estate
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Investment Insights
Based on property information with market context.
This 2,436-square-foot triplex was built in 1890 and includes three units, with a two-car garage. Improvements include refreshed decks, exterior paint, fencing, water tanks, and interior paint. The first-floor residence has a newer kitchen with appliances and an updated bathroom. A washer and dryer, a snowblower, and the appliances in each unit are included in the sale.
Each unit has separate utility metering. One residence is owner-occupied, while the rented units are TAW. The property is zoned R2.
Each unit has separate utility metering. One residence is owner-occupied, while the rented units are TAW. The property is zoned R2.
Key Highlights
- Three‑unit residential property
- 2,436 square feet; built in 1890
- Two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,014
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$840,280
$840.3K
Cap Rate 7%
$600,200
$600.2K
Cap Rate 9%
$466,822
$466.8K
Market Conditions
NOI Build-Up for 2,436 SF
Gross rent
$62.8K $25.80/SF
− Vacancy
−$2.8K −$1.16/SF
EGI
$60.0K $24.64/SF
− OpEx
−$18.0K −$7.39/SF
NOI
$42.0K $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%
$840,280
Cap Rate 7%
$600,200
Cap Rate 9%
$466,822
Alternative Uses
Best Use
Multifamily LT 5
$600.2K
$525.2K – $700.2K
NOI $42,014 @ 7.0% cap · market cap 4.67%
Second Best
Apartment 5plus
$531.3K
$464.9K – $619.8K
NOI $37,189 @ 7.0% cap · market cap 4.14%
Theoretical Best
Office A
$1.16M
$1.01M – $1.35M
NOI $81,101 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
766
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?
Triplex - R2 zoning, separately metered utilities, and updated interiors support distinct residential occupancy across the units.
Where is this triplex located?
The property is located at 25 Second Brockton, MA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Three‑unit residential property; 2,436 square feet; built in 1890; Two‑car garage
