$1,050,000 ($216.99 per sqft)

Est. Mortgage $5,241/mo *

Quick Pre-Approval

285 W Elm St, Brockton, MA, 02301

285 W Elm St, Brockton, MA, 02301

24 rooms

10 beds

7 Full baths

1900

4,839 sqft

285 W Elm Street consists of a three-story building containing seven (7) residential units comprised of five (5), 1-Bedroom/1-Bathroom units, one (1), 2-Bedroom/1 Bathroom units, and one (1) 3-Bedroom/1-Bathroom unit with 4,839 square feet of living area in 6,874 total gross square feet. The property features six (6) on-site parking spaces available for tenants on a 0.16-acre corner parcel of land. All units are separately metered for electricity, and gas-fired heat, and all units except for 3 and 6 are responsible for hot water, which the tenants pay directly. The Landlord is responsible for common area electric, hot water for units 3 and 6, and domestic water and sewer. All tenants are tenant-at-will, with one (1) unit currently vacant. In-place rents are significantly below the current market rates; the opportunity exists to increase income via programmatic updates to the unrenovated units, common areas and exteriors to drive rental rates.


Status:

Active

Type:

Multi-family

Units:

7

Zoning:

R2

Heating:

Natural Gas

Basement:

Full

Levels:

8

Parking:

6-car, Paved Drive, Off Street

Acreage:

0.16

Est. Taxes:

$11,121

Assessment

$925,200

Construction

Frame

Lot Description:

Corner Lot

Amenities:

Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, T-Station

MLS #:

73312962

Compensation Based On:

Net Sale Price

Sub-Agency Relationship Offered:

No


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Jason Kulik, Horvath & Tremblay Phone: 781-776-4000