SQUARE FEET16,576
MLS#73512302
STATUSActive
PROPERTY TYPECommercial - Investment
Property Description
162 Warren Avenue is a fully licensed 36-room lodging house in the heart of Brockton, including 2 one-bedroom apartments and 1 studio. This three-story, 12,432 SF building generates $403,476 in gross annual income from diversified sources including room rents, laundry, vending, ATM, and storage. With operating expenses of $186,280, the property produces a net operating income of $217,196, delivering a 8.69 % cap rate at the $2,500,000 asking price. Situated on a 0.17-acre parcel zoned C2 Commercial, the property offers both stable cash flow and long-term redevelopment potential. The building is fully functional with consistent occupancy. Its prime location places it near downtown Brockton, the MBTA Commuter Rail, and Vincentes Supermarket, offering investors a rare chance to acquire a stabilized income-producing asset with future upside.
Property Features
Property Type: Commercial - Investment
Lot Size: 0.17 Acres
Roof Type: Rubber
Taxes: $17,596
Year Built: 1890
Feature Descriptions
Building Area Total: 16576
Business Type: 5+ Residential
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 40
Parcel Number: M:091 R:019 S:,961498
Rental Term: Monthly
Utilities: Public Water, Public Sewer
Listed By / Shown By
Listed By
Agency Name: eXp Realty
Agent Name: Bascom Group
Agency Phone: 888-854-7493
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
TOUR PROPERTY
Choose a date and time to see 162 Warren Ave, Brockton, MA 02301.
An agent will get in touch to confirm your request shortly.
162 Warren Ave | MLS# 73512302
This commercial property located at 162 Warren Ave, Brockton, MA 02301 is currently listed for sale with an asking price of $2,500,000. Search Brockton real estate on www.masiellogrouprealestate.com today.