Brockton Multifamily Investment
838-840 N Montello Street, Brockton, MA 02301
Three units, commuter rail access, and strong rental demand.
Type:Multi-family
Property size:
4,902 SFPrice / SF:
$285/SF- Added:
- Apr 17, 2026
- Days on Market:
- 46
- Last Refresh:
- May 18 at 8:47 pm
Property Features for 838-840 N Montello Street
General Information
- Standard status
- Active
- Size
- 4,902 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1925
Listing office Keller Williams Realty
Listing date Apr 17, 2026
Source Longwoodresidential
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 Keller Williams Realty
HighLights
- Fully occupied with market‑rate tenants, providing immediate income.
- Located directly across from the Montello commuter rail station.
- Three 3‑bedroom, 2‑bath units, each with separate gas and electric (tenants pay utilities).
- Recent upgrades include new boilers, newer windows, and an updated roof.
- 2‑car garage plus ample off‑street parking.
- Solid long‑term stability.
Overview
This multifamily property in Brockton, Massachusetts, presents an investment opportunity. The property consists of a triplex with three units, each featuring three bedrooms and two bathrooms. Each unit has separate gas and electric utilities, with tenants responsible for covering these costs. The property includes a 2-car garage and ample off-street parking. The building is delivered fully occupied with tenants paying market-rate rents, providing immediate income. Recent upgrades include new boilers, newer windows, and an updated roof. The property is located directly across from the Montello commuter rail station on the Fall River/New Bedford line, offering commuter convenience and contributing to strong rental demand. The property size is 4902 square feet.
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 | $126.5k | $25.80 |
| − Vacancy | −$5.7k | −$1.16 |
| EGI | $120.8k | $24.64 |
| − OpEx | −$36.2k | −$7.39 |
| NOI | $84.5k | $17.25 |
4,902 SF · lease $25.80/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.21M
$1.06M – $1.41M
NOI $84,546 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$1.07M
$935.5K – $1.25M
NOI $74,837 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$2.33M
$2.04M – $2.72M
NOI $163,201 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Brockton
- County
- Plymouth
- State
- Massachusetts
- Longitude
- -71.0226237
- Latitude
- 42.1058828
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three units, commuter rail access, and strong rental demand.
Where is this triplex located?
The property is located at 838-840 N Montello Street Brockton, MA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Fully occupied with market‑rate tenants, providing immediate income.; Located directly across from the Montello commuter rail station.; Three 3‑bedroom, 2‑bath units, each with separate gas and electric (tenants pay utilities).
