Mixed-Use Building with
616 Centre Brockton, MA 02302
New
For Sale
$799,900
MULTI_FAMILY - Brockton, MA
Property Size4,018 SF
Lot Size0.23 Acres
Price / SF$199.08
Days on Market1
Property Features for 616 Centre
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- C1
- Bedrooms
- 3
- Bathrooms
- 4
- Rooms
- Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 1
- Parking
- 10
- Standard status
- Active
- APN
- 969127
- Size
- 4,018 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
Building Details
- Year built
- 1916
- Floors in Building
- 5
- Number of units
- 4
Listing Agency:
RE/MAX Synergy
(508) 857-5392
Listed By:
Luis B Martins
(508) 857-5392
Added: Jul 23
Last Checked: Jul 23 at 4:06PM
MLS# 73553898
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property includes a single-family home with 3 bedrooms and 2 full baths, along with three additional storefront units. The home is described as beautifully maintained and updated, including a new roof and updated heating systems, as well as improvements noted in the basement.
The property is located on Rt 123 at the Dwyers building, about 1 minute from Brockton Hospital. The offering is in a heavy-traffic area with plenty of parking space and is on a bus route, supporting straightforward access for tenants and customers.
Zoned C1, the configuration is suited to a combination of residential living and income-producing retail use. It presents an owner-occupant or investor opportunity with multiple on-site income components under one roof.
The property is located on Rt 123 at the Dwyers building, about 1 minute from Brockton Hospital. The offering is in a heavy-traffic area with plenty of parking space and is on a bus route, supporting straightforward access for tenants and customers.
Zoned C1, the configuration is suited to a combination of residential living and income-producing retail use. It presents an owner-occupant or investor opportunity with multiple on-site income components under one roof.
Key Highlights
- Single‑family home built in 1916 with 3 bedrooms and 2 full baths
- Additional 3 storefront units for added rental or business income
- Located on Rt 123 at the Dwyers building, 1 min from Brockton Hospital
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Residential unit plus three storefront units in a C1 zone, with 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: Single‑family home built in 1916 with 3 bedrooms and 2 full baths; Additional 3 storefront units for added rental or business income; Located on Rt 123 at the Dwyers building, 1 min from Brockton Hospital
