Multi-Unit Residential
36 Fairmount Ave Brockton, MA 02301
For Sale
$975,000
Pending
Well-maintained multi-unit home with front and rear covered porches, separate utilities, and a finished basement.
Property Size4,044 SF
Days on Market107
Property Features for 36 Fairmount Ave
General Information
- Standard status
- Pending
- Size
- 4,044 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1913
Listing Agency:
Right Realty, Inc.
(617) 908-8588
Listed By:
Iva Andrade · License #9534412
Source:
Cjbarrett
Added: Apr 8
Changed: Jul 23
Last Checked: Jul 23 at 5:32AM
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 Right Realty, Inc.
Investment Insights
Based on property information with market context.
This spacious, well-maintained multi-unit property offers 15 total rooms, 6 bedrooms, and 3 full bathrooms. Each unit is configured as a three-bedroom layout with a formal dining room connected to a bright living room. The first-floor unit has been completely remodeled, featuring granite countertops and modern updates throughout.
Both units provide front and rear covered porches, extending usable outdoor living space. Additional amenities include separate utilities for each unit, including gas and hot water tanks, as well as new electrical panels.
The property also includes a fully finished basement, a fenced yard, a detached three-car garage, and ample off-street parking. The third-floor unit is being delivered vacant.
Both units provide front and rear covered porches, extending usable outdoor living space. Additional amenities include separate utilities for each unit, including gas and hot water tanks, as well as new electrical panels.
The property also includes a fully finished basement, a fenced yard, a detached three-car garage, and ample off-street parking. The third-floor unit is being delivered vacant.
Key Highlights
- Well‑maintained 1913 multi‑unit home with 15 total rooms, 6 bedrooms, and 3 full bathrooms
- Each unit is configured as a three‑bedroom with a formal dining room and living room
- First‑floor unit is completely remodeled with granite countertops and modern updates
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 | $104.3k | $25.80 |
| − Vacancy | −$4.7k | −$1.16 |
| EGI | $99.6k | $24.64 |
| − OpEx | −$29.9k | −$7.39 |
| NOI | $69.7k | $17.25 |
4,044 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$996.4K
$871.9K – $1.16M
NOI $69,748 @ 7.0% cap · market cap 7.15%
Second Best
Apartment 5plus
$882.0K
$771.7K – $1.03M
NOI $61,738 @ 7.0% cap · market cap 6.33%
Theoretical Best
Office A
$1.92M
$1.68M – $2.24M
NOI $134,636 @ 7.0% cap · market cap 13.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained multi-unit home with front and rear covered porches, separate utilities, and a finished basement.
Where is this duplex located?
The property is located at 36 Fairmount Ave Brockton, MA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Well‑maintained 1913 multi‑unit home with 15 total rooms, 6 bedrooms, and 3 full bathrooms; Each unit is configured as a three‑bedroom with a formal dining room and living room; First‑floor unit is completely remodeled with granite countertops and modern updates
