Two-Unit Duplex with Laundry
New
For Sale
$650,000
58 Clinton St, Brockton, MA 02302
Both residences have two bedrooms, one full bath, and updated kitchens and bathrooms.
Property Size1,597 SF
Days on Market2
Property Features for 58 Clinton St
General Information
Standard status
Active
Size
1,597 SF
Property subtype
Investment
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$7,563
Amenities
in-unit laundry hookups
Building Details
Building Size
1,597 SF
Year Built
1925
Stories
2
Units
2
Listing Agency:
Lamacchia Realty, Inc.
Listed By:
James Andrea
(508) 694-8285
Source:
Elliman
Added: Oct 16
Last Checked: Oct 16 at 2:16PM
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 Lamacchia Realty, Inc.
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Investment Insights
Based on property information with market context.
Built in 1925, this duplex contains two residences, each with two bedrooms and one full bathroom. Interior improvements include refreshed kitchens and baths, modern flooring, and hookups for in-unit laundry. A large attic and an unfinished full basement provide additional storage space.
The property occupies a corner lot at 58 Clinton St in Brockton. Off-street parking and connections to town water and sewer are also in place.
The property occupies a corner lot at 58 Clinton St in Brockton. Off-street parking and connections to town water and sewer are also in place.
Key Highlights
- Two units, each with 2 bedrooms and 1 full bathroom
- Updated kitchens and baths, with modern flooring
- In‑unit laundry hookups in both residences
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,544
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,880
$550.9K
Cap Rate 7%
$393,486
$393.5K
Cap Rate 9%
$306,044
$306.0K
Market Conditions
NOI Build-Up for 1,597 SF
Gross rent
$41.2K $25.80/SF
− Vacancy
−$1.9K −$1.16/SF
EGI
$39.3K $24.64/SF
− OpEx
−$11.8K −$7.39/SF
NOI
$27.5K $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%
$550,880
Cap Rate 7%
$393,486
Cap Rate 9%
$306,044
Alternative Uses
Best Use
Multifamily LT 5
$393.5K
$344.3K – $459.1K
NOI $27,544 @ 7.0% cap · market cap 4.24%
Second Best
Apartment 5plus
$348.3K
$304.8K – $406.4K
NOI $24,381 @ 7.0% cap · market cap 3.75%
Theoretical Best
Office A
$759.6K
$664.6K – $886.2K
NOI $53,169 @ 7.0% cap · market cap 8.18%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
751
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have two bedrooms, one full bath, and updated kitchens and bathrooms.
Where is this duplex located?
The property is located at 58 Clinton St Brockton, MA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bathroom; Updated kitchens and baths, with modern flooring; In‑unit laundry hookups in both residences
