Three-Family Residential Income
4 Richmond Street Brockton, MA 02301
4 Richmond Street, Brockton, MA, 02301
$849,900
For Sale
$849,900
Three-unit residential property with multiple bedrooms per floor, three full bathrooms, and a full unfinished walkout basement.
Property Size3,124 SF
Price / SF$272.06
Days on Market9
Property Features for 4 Richmond Street
General Information
- Standard status
- Active
- Size
- 3,124 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1874
Listing agency
RE/MAX Synergy
Listed by
Isabel Fernandes Realty Team
(781) 933-7200
Source
Jmulkerinrealty
Added: Jul 13 Updated: Jul 21 at 2:59AM Checked: Jul 21 at 2:59AM
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 RE/MAX Synergy
Investment Insights
Based on property information with market context.
This three-family residential income property is offered at 4 Richmond Street in Brockton. The building’s unit layout provides three bedrooms on the first floor, three on the second, and two on the third, with three full bathrooms total. Improvements include a newer roof and newer windows. A full unfinished basement with walkout access opens to a spacious backyard, offering additional utility and storage space.
The property is described as being strategically located near amenities, shopping, schools, hospitals, laundry, and major highway access. Off-street parking is available.
All three units can be delivered vacant, which may simplify ownership transition for an investor or buyer looking to prepare the units for new occupants.
The property is described as being strategically located near amenities, shopping, schools, hospitals, laundry, and major highway access. Off-street parking is available.
All three units can be delivered vacant, which may simplify ownership transition for an investor or buyer looking to prepare the units for new occupants.
Key Highlights
- 3‑family residential property built in 1874 at 4 Richmond St, Brockton
- 3 units: 3 bedrooms on the first floor, 3 bedrooms on the second, and 2 bedrooms on the third
- 3 full bathrooms total across the property
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
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit residential property with multiple bedrooms per floor, three full bathrooms, and a full unfinished walkout basement.
Where is this triplex located?
The property is located at 4 Richmond Street 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 residential property built in 1874 at 4 Richmond St, Brockton; 3 units: 3 bedrooms on the first floor, 3 bedrooms on the second, and 2 bedrooms on the third; 3 full bathrooms total across the property
