Mixed-Use Quadplex
616 Centre Brockton, MA 02302
For Sale
$799,900
Well-maintained home with 3 storefront units and updates including a new roof and heating systems.
Property Size4,018 SF
Price / SF$199.08
Days on Market8
Property Features for 616 Centre
General Information
Standard status
Active
Size
4,018 SF
Property subtype
4 Family - 4 Units Side by Side
Building Details
Year Built
1916
Listing Agency:
RE/MAX Synergy
(508) 857-5392
Listed By:
Luis Martins Realty Team
(508) 857-5392
Source:
Lockandkeyre
Added: Jul 23
Changed: Jul 27
Last Checked: Jul 29 at 6:08AM
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 RE/MAX Synergy
Investment Insights
Based on property information with market context.
This mixed-use quadplex includes a single-family residence plus three additional storefront units. The residential portion offers 3 bedrooms and 2 full baths, and the property is described as beautifully maintained with updates and upgrades including a new roof and heating systems.
The property is located on Rt 123, within about 1 minute of Brockton Hospital. The remarks also note plenty of parking space and that the site is on a bus route for convenient access.
From a configuration standpoint, the asset combines living space with multiple commercial storefront units in one building, creating straightforward flexibility for owners looking to occupy and/or collect rental income from the storefront component.
The property is located on Rt 123, within about 1 minute of Brockton Hospital. The remarks also note plenty of parking space and that the site is on a bus route for convenient access.
From a configuration standpoint, the asset combines living space with multiple commercial storefront units in one building, creating straightforward flexibility for owners looking to occupy and/or collect rental income from the storefront component.
Key Highlights
- 1916 single‑family home with 3 storefront units for rental/business use
- Home features 3 bedrooms and 2 full baths
- Updates include a new roof and new heating systems
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 | $103.7k | $25.80 |
| − Vacancy | −$4.7k | −$1.16 |
| EGI | $99.0k | $24.64 |
| − OpEx | −$29.7k | −$7.39 |
| NOI | $69.3k | $17.25 |
4,018 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$990.0K
$866.3K – $1.16M
NOI $69,300 @ 7.0% cap · market cap 8.66%
Second Best
Apartment 5plus
$876.3K
$766.8K – $1.02M
NOI $61,341 @ 7.0% cap · market cap 7.67%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,770 @ 7.0% cap · market cap 16.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained home with 3 storefront units and updates including a new roof and heating systems.
Where is this quadplex located?
The property is located at 616 Centre Brockton, MA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 1916 single‑family home with 3 storefront units for rental/business use; Home features 3 bedrooms and 2 full baths; Updates include a new roof and new heating systems
