Two-Unit Duplex with
260 Belmont Ave, Brockton, MA 02301
For Sale
$760,900
Pending
R3-zoned property in Brockton includes a backyard alongside its residential layout.
Property Size1,967 SF
Days on Market8
Property Features for 260 Belmont Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
garage
backyard
Living Room
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
Hartford Homes Realty of Boston
(774) 218-6642
Listed By:
Traci Almeida
(774) 297-9779
Source:
Condonrealty
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 12 at 10:50AM
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 Hartford Homes Realty of Boston
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Investment Insights
Based on property information with market context.
This Brockton duplex contains two residential units and includes a garage and backyard. The property measures 1,967 square feet, was built in 1884, and is zoned R3.
Local shops, schools, public transportation, and major routes are described as nearby. The property is located at 260 Belmont Ave.
Local shops, schools, public transportation, and major routes are described as nearby. The property is located at 260 Belmont Ave.
Key Highlights
- Two residential units
- Garage and backyard
- R3 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,925
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$678,500
$678.5K
Cap Rate 7%
$484,643
$484.6K
Cap Rate 9%
$376,944
$376.9K
Market Conditions
NOI Build-Up for 1,967 SF
Gross rent
$50.7K $25.80/SF
− Vacancy
−$2.3K −$1.16/SF
EGI
$48.5K $24.64/SF
− OpEx
−$14.5K −$7.39/SF
NOI
$33.9K $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%
$678,500
Cap Rate 7%
$484,643
Cap Rate 9%
$376,944
Alternative Uses
Best Use
Multifamily LT 5
$484.6K
$424.1K – $565.4K
NOI $33,925 @ 7.0% cap · market cap 4.46%
Second Best
Apartment 5plus
$429.0K
$375.4K – $500.5K
NOI $30,029 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$935.5K
$818.6K – $1.09M
NOI $65,487 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
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
$414,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Brockton, MA
Properties on Market for Duplexes in Brockton
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - R3-zoned property in Brockton includes a backyard alongside its residential layout.
Where is this duplex located?
The property is located at 260 Belmont Ave Brockton, MA.
What is the asking price?
The asking price for this property is $760,900.
What are key features of this property?
This property features: Two residential units; Garage and backyard; R3 zoning
