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Triplex with Unfinished Basement
For Sale
$799,999
Pending

4 Richmond St, Brockton, MA 02301

Residential Income, Brockton, MA

Property Size3,124 SF
Lot Size0.25 Acres
Days on Market95

Property Features for 4 Richmond St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R2
Bedrooms 8
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 5, Bedroom 7, Bedroom 8, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 6
Parking 4
Directions Please kindly follow the GPS.
Standard status Pending
APN M:096 R:126 S:,962101
Size 3,124 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8603

Building Details

Year built 1874
Floors in Building 3
Number of units 3
Listing Agency: RE/MAX Synergy · RE/MAX International
Listed By: Luis B Martins
Added: Jul 14 Changed: Oct 1 Last Checked: Oct 16 at 10:06AM
MLS# 73549673

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 3,124-square-foot triplex, built in 1874, contains three residential units with a total of eight bedrooms and three full bathrooms. The first and second floors each offer three bedrooms, while the third floor includes two. A newer roof and windows provide updated exterior components, and the full unfinished basement includes walkout access to the backyard.

The property occupies 0.2512 acres and includes off-street parking. It is zoned R2 and positioned in Brockton near shopping, schools, hospitals, laundry services, and a major highway. All three units may be delivered vacant, providing flexibility for an owner-user or future leasing strategy.

Key Highlights

  • 3,124‑square‑foot triplex with 8 bedrooms and 3 full bathrooms
  • Unit bedroom distribution: 3 on the first floor, 3 on the second, and 2 on the third
  • Full unfinished basement with walkout access to the backyard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$53,881
Cap Rate
6.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,077,620 $1.1M
Cap Rate 7%
$769,729 $769.7K
Cap Rate 9%
$598,678 $598.7K
Market Conditions
NOI Build-Up for 3,124 SF
Gross rent
$80.6K $25.80/SF
− Vacancy
−$3.6K −$1.16/SF
EGI
$77.0K $24.64/SF
− OpEx
−$23.1K −$7.39/SF
NOI
$53.9K $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%
$1,077,620
Cap Rate 7%
$769,729
Cap Rate 9%
$598,678

Alternative Uses

Best Use
Multifamily LT 5
$769.7K
$673.5K – $898.0K (±1% cap)
NOI $53,881 @ 7.0% cap · market cap 6.74%
Second Best
Apartment 5plus
$681.3K
$596.2K – $794.9K (±1% cap)
NOI $47,693 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M (±1% cap)
NOI $104,007 @ 7.0% cap · market cap 13.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Skin Care Clinic Gym & Fitness Center Carpet & Flooring Store Locksmith Catering Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

620
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three residential units, off-street parking, and a backyard support flexible multifamily ownership in Brockton.
Where is this triplex located?
The property is located at 4 Richmond St Brockton, MA.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: 3,124‑square‑foot triplex with 8 bedrooms and 3 full bathrooms; Unit bedroom distribution: 3 on the first floor, 3 on the second, and 2 on the third; Full unfinished basement with walkout access to the backyard
More about this property
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