Six-Unit Multifamily
28 Ellsworth Avenue Brockton, MA 02301
For Sale
$1,098,000
Well-maintained six-unit property with four units occupied month-to-month and two units leased for steady income potential.
Property Size4,518 SF
Price / SF$243.03
Days on Market9
Property Features for 28 Ellsworth Avenue
General Information
- Standard status
- Active
- Size
- 4,518 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1920
Listing Agency:
EXIT Bayside Realty
Listed By:
Margareth Sibrun
(617) 846-8000
Source:
Highlandre
Added: Jul 18
Changed: Jul 25
Last Checked: Jul 25 at 3:46AM
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 EXIT Bayside Realty
Investment Insights
Based on property information with market context.
This well-maintained six-unit multifamily building offers an income-producing rental setup with a strong rental history and long-term tenants. According to the current leasing status, four units are occupied on a month-to-month basis, while the remaining two units are leased.
Located in a desirable Brockton neighborhood at 28 Ellsworth Avenue, the property’s current occupancy mix provides both near-term stability and flexibility through the month-to-month tenancies.
The building is presented as a steady, occupied multifamily asset with continued rental performance supported by long-term tenant occupancy.
Located in a desirable Brockton neighborhood at 28 Ellsworth Avenue, the property’s current occupancy mix provides both near-term stability and flexibility through the month-to-month tenancies.
The building is presented as a steady, occupied multifamily asset with continued rental performance supported by long-term tenant occupancy.
Key Highlights
- Well‑maintained 6‑unit multifamily property built in 1920
- Four units are currently occupied on a month‑to‑month basis
- Remaining two units are leased
Financial Insights For Apartment 5plus
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 | $132.3k | $29.28 |
| − Vacancy | −$6.9k | −$1.52 |
| EGI | $125.4k | $27.76 |
| − OpEx | −$56.4k | −$12.49 |
| NOI | $69.0k | $15.27 |
4,518 SF · lease $29.28/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$985.3K
$862.2K – $1.15M
NOI $68,974 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.15M
$1.88M – $2.51M
NOI $150,417 @ 7.0% cap · market cap 13.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Well-maintained six-unit property with four units occupied month-to-month and two units leased for steady income potential.
Where is this apartment building located?
The property is located at 28 Ellsworth Avenue Brockton, MA.
What is the asking price?
The asking price for this property is $1,098,000.
What are key features of this property?
This property features: Well‑maintained 6‑unit multifamily property built in 1920; Four units are currently occupied on a month‑to‑month basis; Remaining two units are leased
