162 Warren Ave - Specialty FOR SALE


Brockton, MA 02301 | 
$2,500,000 USD
888-854-7493
162 Warren Ave, Brockton, MA for Sale
$2,500,000 USD
Specialty - FOR SALE
1/9
null | 8.69% Cap Rate

162 Warren Ave
Brockton, MA 02301


HIGHLIGHTS

  • Income
  • Fully Occupied

OVERVIEW

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 Sqft 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 C2Commercial, 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

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

8.69%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,395 SF

ZONING

C2

APN/PARCEL ID

BROC-000091-000019

ASK ABOUT THIS PROPERTY

Scott BascomEXP Real EstateMore Info
888-854-7493

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Scott BascomEXP Real EstateMore Info
888-854-7493

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.