Duplex with Oversized
New
For Sale
$875,000
259 Belmont Ave, Brockton, MA 02301
Residential Income, Brockton, MA
Property Size2,520 SF
Lot Size0.17 Acres
Price / SF$347.22
Days on Market4
Property Features for 259 Belmont Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 3
Parking
14
Directions
Use GPS
Standard status
Active
APN
957311
Size
2,520 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
8520
Building Details
Year built
1899
Floors in Building
2
Number of units
2
Listing Agency:
Keller Williams Realty
Listed By:
Scott Morris
(508) 238-5000
Added: Oct 12
Last Checked: Oct 15 at 11:06PM
MLS# 73589667
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This two-unit residential property offers 2,520 square feet on a 0.1652-acre lot. Renovated in 2019, it has open layouts in both units and an oversized garage. The first-floor residence includes central air. Electrical, plumbing, heating, and hot water systems were updated as part of the renovation, along with the roof, windows, and siding.
The property is at 259 Belmont Ave in Brockton and is zoned R2.
The property is at 259 Belmont Ave in Brockton and is zoned R2.
Key Highlights
- Two‑unit property with 2,520 square feet
- Renovated in 2019; electrical, plumbing, heating, and hot water systems updated
- Oversized garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,463
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$869,260
$869.3K
Cap Rate 7%
$620,900
$620.9K
Cap Rate 9%
$482,922
$482.9K
Market Conditions
NOI Build-Up for 2,520 SF
Gross rent
$65.0K $25.80/SF
− Vacancy
−$2.9K −$1.16/SF
EGI
$62.1K $24.64/SF
− OpEx
−$18.6K −$7.39/SF
NOI
$43.5K $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%
$869,260
Cap Rate 7%
$620,900
Cap Rate 9%
$482,922
Alternative Uses
Best Use
Multifamily LT 5
$620.9K
$543.3K – $724.4K
NOI $43,463 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$549.6K
$480.9K – $641.2K
NOI $38,472 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,898 @ 7.0% cap · market cap 9.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,015
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?
Duplex - Both residences feature open layouts, and the first-floor unit has central air.
Where is this duplex located?
The property is located at 259 Belmont Ave Brockton, MA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Two‑unit property with 2,520 square feet; Renovated in 2019; electrical, plumbing, heating, and hot water systems updated; Oversized garage
