Vacant Two-Family
For Sale
$629,900
47 Kingman St, Brockton, MA 02302
Vacant residential income property with two spacious bedrooms, full-sized kitchens, a level yard, and off-street parking.
Property Size1,563 SF
Price / SF$403.01
Days on Market52
Property Features for 47 Kingman St
General Information
Standard status
Active
Size
1,563 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Building Details
Building Size
1,563 SF
Year Built
1900
Listing Agency:
Cameron Real Estate Group
(781) 486-3180
Listed By:
Bob DeVito · License #9084980
(978) 821-2404
Source:
Iverty
Added: Sep 4
Changed: Oct 25
Last Checked: Oct 24 at 6:57PM
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 Cameron Real Estate Group
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Investment Insights
Based on property information with market context.
This two-family duplex, built in 1900, is delivered vacant and includes spacious bedrooms, full-sized kitchens, and separate residential living areas. The property also features a large flat yard and off-street parking, adding practical outdoor and vehicle accommodations.
Located at 47 Kingman St in Brockton, the property records a walk score of 82, classified as Very Walkable, along with a transit score of 50, classified as Good Transit. Its bike score is 51, classified as Bikeable.
Located at 47 Kingman St in Brockton, the property records a walk score of 82, classified as Very Walkable, along with a transit score of 50, classified as Good Transit. Its bike score is 51, classified as Bikeable.
Key Highlights
- Two‑family duplex delivered vacant
- Built in 1900
- Spacious bedrooms and full‑sized kitchens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,958
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$539,160
$539.2K
Cap Rate 7%
$385,114
$385.1K
Cap Rate 9%
$299,533
$299.5K
Market Conditions
NOI Build-Up for 1,563 SF
Gross rent
$40.3K $25.80/SF
− Vacancy
−$1.8K −$1.16/SF
EGI
$38.5K $24.64/SF
− OpEx
−$11.6K −$7.39/SF
NOI
$27.0K $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%
$539,160
Cap Rate 7%
$385,114
Cap Rate 9%
$299,533
Alternative Uses
Best Use
Multifamily LT 5
$385.1K
$337.0K – $449.3K
NOI $26,958 @ 7.0% cap · market cap 4.28%
Second Best
Apartment 5plus
$340.9K
$298.3K – $397.7K
NOI $23,862 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$743.4K
$650.5K – $867.3K
NOI $52,037 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
492
Businesses Nearby
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Business Placement
Demographics for 02302, MA
36,202
Population
12,828
Households
2.8
Avg Household Size
38
Median Age
21%
College-Educated
83%
High-School Grad
8.9 sq mi
ZIP Area
4,068
Density / Sq Mi
$87,560
Median Household Income
$45,342
Median Earnings
$1,476
Median Rent
$395,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Vacant residential income property with two spacious bedrooms, full-sized kitchens, a level yard, and off-street parking.
Where is this duplex located?
The property is located at 47 Kingman St Brockton, MA.
What is the asking price?
The asking price for this property is $629,900.
What are key features of this property?
This property features: Two‑family duplex delivered vacant; Built in 1900; Spacious bedrooms and full‑sized kitchens
