Back to Search
Three-Unit Residential Income Property

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
281 Pleasant Street, Brockton, MA
Listed by Luis B Martins
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.

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 (±1% cap)
NOI $53,881 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$681.3K
$596.2K – $794.9K (±1% cap)
NOI $47,693 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$1.49M
$1.30M – $1.73M (±1% cap)
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

Suggested Use

Skin Care Clinic Gym & Fitness Center Spa & Massage Center Real Estate Agency Cafe & Coffee Shop Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message