Two-Family Residential Income
57 Dover Street Brockton, MA 02301
57 Dover Street, Brockton, MA, 02301
$849,777
For Sale
$849,777
Well-maintained two-family with updated systems, a renovated first-unit kitchen, and townhome-style second-floor living.
Property Size2,902 SF
Price / SF$292.82
Days on Market84
Property Features for 57 Dover Street
General Information
- Standard status
- Active
- Size
- 2,902 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
Vicente Realty,LLC
(508) 944-3144
Listed by
Adelino Vicente
Source
Eganrealtygroup
Added: Apr 30 Updated: Jul 21 at 10:20PM Checked: Jul 22 at 6:46AM
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 Vicente Realty,LLC
Investment Insights
Based on property information with market context.
This well-maintained two-family residential property offers classic charm with modern updates, including high ceilings and a spacious layout. The second-floor unit is townhome-style with two levels of living, five total bedrooms across the building, and two full baths. The first-level unit has been fully renovated with three bedrooms, featuring a kitchen with new granite countertops and gleaming hardwood floors along with updated finishes.
The property includes two newer heating systems and updated plumbing for added peace of mind. Off-street parking is provided, supporting day-to-day convenience for tenants or owner-occupants.
Overall, the configuration supports flexible living arrangements or rental use, with distinct unit layouts and completed interior updates.
The property includes two newer heating systems and updated plumbing for added peace of mind. Off-street parking is provided, supporting day-to-day convenience for tenants or owner-occupants.
Overall, the configuration supports flexible living arrangements or rental use, with distinct unit layouts and completed interior updates.
Key Highlights
- Two‑family home built in 1900 with classic charm and high ceilings
- Second‑floor townhome‑style unit with 5 total bedrooms and two full baths across two levels
- First‑floor unit fully renovated with 3 bedrooms and a kitchen with new granite countertops
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 | $74.9k | $25.80 |
| − Vacancy | −$3.4k | −$1.16 |
| EGI | $71.5k | $24.64 |
| − OpEx | −$21.5k | −$7.39 |
| NOI | $50.1k | $17.25 |
2,902 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$715.0K
$625.7K – $834.2K
NOI $50,052 @ 7.0% cap · market cap 5.89%
Second Best
Apartment 5plus
$632.9K
$553.8K – $738.4K
NOI $44,304 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,616 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-family with updated systems, a renovated first-unit kitchen, and townhome-style second-floor living.
Where is this duplex located?
The property is located at 57 Dover Street Brockton, MA.
What is the asking price?
The asking price for this property is $849,777.
What are key features of this property?
This property features: Two‑family home built in 1900 with classic charm and high ceilings; Second‑floor townhome‑style unit with 5 total bedrooms and two full baths across two levels; First‑floor unit fully renovated with 3 bedrooms and a kitchen with new granite countertops
