Two-Unit Home with Finished
For Sale
$849,900
67 W Ashland St, Brockton, MA 02301
Separate residences provide varied layouts, private outdoor space, and room for multiple vehicles.
Property Size2,695 SF
Days on Market10
Property Features for 67 W Ashland St
General Information
Standard status
Active
Size
2,695 SF
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$7,942
Building Details
Building Size
2,695 SF
Year Built
1903
Stories
3
Units
2
Listing Agency:
RE/MAX Synergy
(508) 513-8340
Listed By:
Isabel Fernandes Realty Team
(508) 513-8340
Source:
Elliman
Added: Aug 14
Changed: Aug 21
Last Checked: Aug 22 at 8:07AM
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 duplex contains two vacant residences with distinct bedroom and bath configurations. The first-floor unit includes 3 bedrooms and 1 full bath. The upper residence spans two levels and offers 5 bedrooms, 2 full bathrooms, and a finished attic that adds flexible interior space. Together, the units provide a range of living arrangements within one property.
Outdoor features include a fully fenced backyard and parking for up to 6 vehicles. The property is located at 67 W Ashland St in Brockton, Massachusetts, with shopping, dining, schools, and transportation in the surrounding area. Built in 1903, the home combines a historic construction date with a two-unit layout and vacant delivery.
Outdoor features include a fully fenced backyard and parking for up to 6 vehicles. The property is located at 67 W Ashland St in Brockton, Massachusetts, with shopping, dining, schools, and transportation in the surrounding area. Built in 1903, the home combines a historic construction date with a two-unit layout and vacant delivery.
Key Highlights
- Two‑family property delivered vacant
- First‑floor unit with 3 bedrooms and 1 full bath
- Second unit includes 5 bedrooms and 2 full bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,481
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$929,620
$929.6K
Cap Rate 7%
$664,014
$664.0K
Cap Rate 9%
$516,456
$516.5K
Market Conditions
NOI Build-Up for 2,695 SF
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.
Gross rent
$69.5K $25.80/SF
− Vacancy
−$3.1K −$1.16/SF
EGI
$66.4K $24.64/SF
− OpEx
−$19.9K −$7.39/SF
NOI
$46.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$929,620
Cap Rate 7%
$664,014
Cap Rate 9%
$516,456
Alternative Uses
Best Use
Multifamily LT 5
$664.0K
$581.0K – $774.7K
NOI $46,481 @ 7.0% cap · market cap 5.47%
Second Best
Apartment 5plus
$587.8K
$514.3K – $685.7K
NOI $41,143 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,724 @ 7.0% cap · market cap 10.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
807
Businesses Nearby
Explore this area
Business Placement
Demographics for 02301, MA
69,418
Population
24,592
Households
2.8
Avg Household Size
37
Median Age
22%
College-Educated
81%
High-School Grad
12.4 sq mi
ZIP Area
5,598
Density / Sq Mi
$72,727
Median Household Income
$43,588
Median Earnings
$1,566
Median Rent
$414,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Separate residences provide varied layouts, private outdoor space, and room for multiple vehicles.
Where is this duplex located?
The property is located at 67 W Ashland St Brockton, MA.
What is the asking price?
The asking price for this property is $849,900.
What are key features of this property?
This property features: Two‑family property delivered vacant; First‑floor unit with 3 bedrooms and 1 full bath; Second unit includes 5 bedrooms and 2 full bathrooms
