Remodeled Duplex with Hardwood
New
For Sale
$925,000
55 May Ave, Brockton, MA 02301
Two-family property with updated kitchens, baths, appliances, electrical, plumbing, heating, and siding.
Lot Size0.17 Acres
Days on Market3
Property Features for 55 May Ave
General Information
Standard status
Active
Lot size
0.17 Acres
Property subtype
Investment
Building Details
Building Size
2,608 SF
Year Built
1925
Tenancy
Multi
Listing Agency:
Torrey & Associates R. E.
(508) 326-3157
Listed By:
Michelle Torrey
(508) 326-3157
Source:
Elliman
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 3:45PM
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 Torrey & Associates R. E.
Investment Insights
Based on property information with market context.
Located at 55 May Ave in Brockton, this 1925-built duplex occupies a 7,422-square-foot lot. The property has been completely remodeled with new kitchens, laundry areas in the pantries, new appliances, hardwood floors throughout, and new bathrooms in both units. Additional improvements include new electrical, heating, siding, and newer plumbing. The first floor has FHA and A/C, as stated in the property information.
The property sits on a dead-end street and includes a large backyard with off-street parking. A new playground with courts and greenspace is located across the street. A path through the woods provides access to a school. The sale includes 55 May Ave and its 7,422-square-foot lot only; the 7,715-square-foot lot to the rear fronting on Homestead is excluded.
The property sits on a dead-end street and includes a large backyard with off-street parking. A new playground with courts and greenspace is located across the street. A path through the woods provides access to a school. The sale includes 55 May Ave and its 7,422-square-foot lot only; the 7,715-square-foot lot to the rear fronting on Homestead is excluded.
Key Highlights
- Completely remodeled duplex at 55 May Ave, Brockton
- 2‑family property on a 7,422‑square‑foot lot
- New kitchens with laundry in the pantries and all new appliances
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 | $67.3k | $25.80 |
| − Vacancy | −$3.0k | −$1.16 |
| EGI | $64.3k | $24.64 |
| − OpEx | −$19.3k | −$7.39 |
| NOI | $45.0k | $17.25 |
2,608 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$642.6K
$562.3K – $749.7K
NOI $44,981 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$568.8K
$497.7K – $663.6K
NOI $39,815 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,828 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
462
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-family property with updated kitchens, baths, appliances, electrical, plumbing, heating, and siding.
Where is this duplex located?
The property is located at 55 May Ave Brockton, MA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Completely remodeled duplex at 55 May Ave, Brockton; 2‑family property on a 7,422‑square‑foot lot; New kitchens with laundry in the pantries and all new appliances
