Three-Family Residential Income
27 Hamilton Street Brockton, MA 02301
27 Hamilton Street, Brockton, MA, 02301
$865,000
For Sale
$865,000
Three-unit property with a vacant first-floor unit and tenant-occupied second and third floors.
Property Size2,835 SF
Price / SF$305.11
Days on Market91
Property Features for 27 Hamilton Street
General Information
- Standard status
- Active
- Size
- 2,835 SF
- Property subtype
- Multi-family / 3 Family
Building Details
- Year Built
- 1880
Listing agency
Coldwell Banker Realty - Milton
(617) 696-4430
Listed by
Cavenack Bernadin · License #9630475
(617) 696-4430
Source
Compass
Added: Apr 22 Updated: Jul 21 at 6:05AM Checked: Jul 21 at 6:05AM
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 Coldwell Banker Realty - Milton
Investment Insights
Based on property information with market context.
Well-maintained three-family property featuring an 8-bedroom, 3-bath layout. The first-floor unit is vacant and ready for an owner-occupant setup, while the second and third floors are tenant-occupied. Major improvements include upgraded electrical and plumbing systems and a durable slate roof. Heating varies by unit, with forced hot air on the first floor, steam heat on the second floor, and electric baseboard on the third floor.
The property is located in Brockton near local amenities, public transportation, and major routes. Off-street parking is available via a driveway, and there is a detached two-car garage with a newer garage roof.
The property is located in Brockton near local amenities, public transportation, and major routes. Off-street parking is available via a driveway, and there is a detached two-car garage with a newer garage roof.
Key Highlights
- Three‑family property with 8 bedrooms and 3 total baths
- First‑floor unit is vacant and owner‑occupied; second and third floors are tenant‑occupied
- Upgraded electrical and plumbing systems, plus durable slate roof
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.1k | $25.80 |
| − Vacancy | −$3.3k | −$1.16 |
| EGI | $69.9k | $24.64 |
| − OpEx | −$21.0k | −$7.39 |
| NOI | $48.9k | $17.25 |
2,835 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$698.5K
$611.2K – $814.9K
NOI $48,896 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$618.3K
$541.0K – $721.4K
NOI $43,281 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,385 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit property with a vacant first-floor unit and tenant-occupied second and third floors.
Where is this triplex located?
The property is located at 27 Hamilton Street Brockton, MA.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: Three‑family property with 8 bedrooms and 3 total baths; First‑floor unit is vacant and owner‑occupied; second and third floors are tenant‑occupied; Upgraded electrical and plumbing systems, plus durable slate roof
