Three-Unit Residential Income
4 Richmond St Brockton, MA 02301
New
4 Richmond St, Brockton, MA, 02301
$849,900
For Sale
$849,900
MULTI_FAMILY - Brockton, MA
Property Size3,124 SF
Lot Size0.25 Acres
Price / SF$272.06
Days on Market4
Property Features for 4 Richmond St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 8
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 7, Bedroom 5, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 8, Bedroom 6, Bathroom 1
- Parking
- 4
- Standard status
- Active
- 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
(508) 857-5392
281 Pleasant Street, Brockton, MA
Listed by
Luis B Martins
(508) 857-5392
Added: Jul 14 Checked: Jul 17 at 3:06 am
MLS# 73549673
Listing URL
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.
Investment Insights
Based on property information with market context.
This 3-family residential income property offers a total of three bedrooms on the first floor and second floor, with two bedrooms on the third. The building includes three full bathrooms and has a full unfinished basement with a walkout to a spacious backyard. Recent updates include a new roof and new windows.
Set in Brockton, Massachusetts within R2 zoning, the home is positioned near amenities and shopping, schools, hospitals, laundry, and major highway access. Off-street parking is available.
All three units can be delivered vacant, providing straightforward flexibility for an owner-occupant or investor plan.
Set in Brockton, Massachusetts within R2 zoning, the home is positioned near amenities and shopping, schools, hospitals, laundry, and major highway access. Off-street parking is available.
All three units can be delivered vacant, providing straightforward flexibility for an owner-occupant or investor plan.
Key Highlights
- 3‑family home built in 1874 with spacious unit layouts
- Unit mix: 3 bedrooms on the first floor, 3 on the second floor, and 2 on the third floor
- 3 full bathrooms total
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 | $80.6k | $25.80 |
| − Vacancy | −$3.6k | −$1.16 |
| EGI | $77.0k | $24.64 |
| − OpEx | −$23.1k | −$7.39 |
| NOI | $53.9k | $17.25 |
3,124 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$769.7K
$673.5K – $898.0K
NOI $53,881 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$681.3K
$596.2K – $794.9K
NOI $47,693 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M
NOI $104,007 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Spacious three-family with three full bathrooms, newly updated roof and windows, and an unfinished basement with walkout to backyard.
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 $849,900.
What are key features of this property?
This property features: 3‑family home built in 1874 with spacious unit layouts; Unit mix: 3 bedrooms on the first floor, 3 on the second floor, and 2 on the third floor; 3 full bathrooms total