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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 SFbuilding 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 C2Commercial, the property offers both stable cash flow and long-term redevelopment potential. The building is fully functional with consistent occupancy. Its primelocation places it near downtown Brockton, the MBTA Commuter Rail, and Vincentes Supermarket, offering investors a rare chance to acquire a stabilized incomeproducing asset with future upside.

Overview

Property Status
For Sale
Lot Size
7,222 Sq.Ft.
MLS ID
73513906
Property Type
Multi-Family
Year Built
1890

Features & Amenities

Total Area
12,432 Sq.Ft.
Stories
3
Water Source
Public
Parking
Paved Drive, Off Street, Paved
Sewer
Public Sewer
Substructure
Concrete Perimeter
Sales Price
$2,500,000
Real Estate Tax
$17,596/yr
Zoning
C2

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162 Warren Ave

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Thank you

for your interest in 162 Warren Ave, Brockton, MA 02301

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162 Warren Ave
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