Four-Unit Residential Income
60 Market Street Brockton, MA 02301
60 Market Street, Brockton, MA, 02301
$899,900
For Sale
$899,900
Well-maintained four-unit building with 1-, 2-, and 3-bedroom apartments, off-street parking, and covered upgrades.
Property Size4,307 SF
Price / SF$208.94
Days on Market52
Property Features for 60 Market Street
General Information
- Standard status
- Active
- Size
- 4,307 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1891
Listing agency
Redlon Realty LLC
Listed by
Adam Walorz
(617) 396-3100
Source
Longwoodresidential
Added: May 31 Updated: Jul 20 at 10:17PM Checked: Jul 20 at 10:17PM
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 Redlon Realty LLC
Investment Insights
Based on property information with market context.
This well-maintained four-unit residential income property features seven bedrooms and five bathrooms across a mix of apartment types: one 3-bedroom/2-bath unit, one 2-bedroom/1-bath unit, and two 1-bedroom/1-bath units. The property has been owner-occupied on the first floor for more than 15 years and is described as clean and well cared for. Reported upgrades include a 2016 roof, a 2011 furnace, a 2024 hot water tank, a new front porch in 2023, full vinyl siding installed in 2017, and a basement vapor barrier. Additional amenities include off-street parking, a storage shed, and a private, green-fenced backyard with sitting areas and professionally manicured landscaping.
The building is located at 60 Market Street in Brockton, MA.
The building is located at 60 Market Street in Brockton, MA.
Key Highlights
- 4300+ SF four‑unit building built in 1891 with a 3 Bed/2 Bath, 2 Bed/1 Bath, and two 1 Bed/1 Bath apartments
- Owner‑occupied on the 1st floor for 15+ years, with apartments described as clean, bright, and good sized
- Recent upgrades include 2016 roof, 2011 furnace, 2024 hot water tank, 2023 brand new front porch, and 2017 fully vinyl siding
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 | $111.1k | $25.80 |
| − Vacancy | −$5.0k | −$1.16 |
| EGI | $106.1k | $24.64 |
| − OpEx | −$31.8k | −$7.39 |
| NOI | $74.3k | $17.25 |
4,307 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.06M
$928.6K – $1.24M
NOI $74,284 @ 7.0% cap · market cap 8.25%
Second Best
Apartment 5plus
$939.3K
$821.9K – $1.10M
NOI $65,753 @ 7.0% cap · market cap 7.31%
Theoretical Best
Office A
$2.05M
$1.79M – $2.39M
NOI $143,392 @ 7.0% cap · market cap 15.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Well-maintained four-unit building with 1-, 2-, and 3-bedroom apartments, off-street parking, and covered upgrades.
Where is this quadplex located?
The property is located at 60 Market Street Brockton, MA.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 4300+ SF four‑unit building built in 1891 with a 3 Bed/2 Bath, 2 Bed/1 Bath, and two 1 Bed/1 Bath apartments; Owner‑occupied on the 1st floor for 15+ years, with apartments described as clean, bright, and good sized; Recent upgrades include 2016 roof, 2011 furnace, 2024 hot water tank, 2023 brand new front porch, and 2017 fully vinyl siding
