401 N Warren Ave - Apartments FOR SALE


Brockton, MA 02301
$950,000 USD
781-776-4000
401 N Warren Ave, Brockton, MA for Sale
$950,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

401 N Warren Ave
Brockton, MA 02301


HIGHLIGHTS

  • Transit Oriented Location
  • Value-Add Potential
  • Separately Metered Utilities
  • Off-Street Parking
  • Strong Rental Demographics & Demand
  • Quality of Life Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 401 N Warren Avenue in Brockton, Massachusetts (the “Property”). The threestory building contains three (3) residential units comprised of two (2), 3-Bedroom/1-Bathroom units and one (1), 2-Bedroom/1-Bathroom unit with 3,316 square feet of living area in 4,452 total gross square feet and is situated on a 0.21-acre parcel of land with nine (9) off-street parking spaces available to tenants. 401 N Warren Avenue is well-located in a renter-dominated market on the North Side of Brockton. The Property is situated 0.5 miles from N Main Street and N Montello Street (MA Route 28) and 1.1-miles from the Brockton MBTA Commuter Rail station. The location offers tenants convenient access to area shopping (Walmart Supercenter, Vicente’s Supermarket, Price Rite, Walgreens, CVS), the Westgate Mall, several options for restaurants and bars, and convenient access to the area’s major roadways. There is a limited supply of multi-family property in Plymouth County with a high demand for rental units.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$213 USD /SF

# OF UNITS

3

PRICE/UNIT

$316,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

401 N Warren Ave

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

R2

APN/PARCEL ID

BROC-000042-000031

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4000

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Dennis KelleherHorvath & TremblayMore Info
781-776-4000

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