Great opportunity to acquire a fully licensed, fully occupied 14-unit income property at 19 Clinton Avenue, generating $192,600 in gross annual rent and a strong 9.61% cap rate at the $1,300,000 asking price. The property is configured as four self-contained apartments (two 2-bedrooms and two 1-bedrooms) plus a ten-room rooming-house component, providing a powerful blend of stable apartments and per-room rentals for great cash flow. Whether you're an investor looking to plug an immediate $124,915 NOI into your portfolio, or a buyer looking to reposition, 19 Clinton Avenue is a turn-key opportunity in a stabilized building with real upside.
Listed By
Agency Name: Coldwell Banker Realty - Waltham
Agent Name: Dean Santangelo
Agency Phone: 781-893-0808
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 4,152.57 per month $2,893.24 Principal & Interest $880.17 Property Tax $379.17 Homeowner's Insurance
19 Clinton Ave | MLS# 73532156
This multi-family property located at 19 Clinton Ave, Brockton, MA 02301 is currently listed for sale with an asking price of $1,300,000. Search Brockton real estate on www.masiellogrouprealestate.com today.