Brockton Multifamily Portfolio | 2 Asset Land FOR SALE


Brockton, MA 5,663 SF
$2,299,000 USD
774-469-4436
, Brockton, MA for Sale
$2,299,000 USD
Land - FOR SALE
1/75

Brockton Multifamily Portfolio | 2 Asset
Brockton, MA


HIGHLIGHTS

  • Land Redevelopment
  • ADU Execution
  • Stable Income

OVERVIEW

97 Huntington St Units: 2 units + finished basement (ADU potential) Pro Forma Gross Income (w/ ADU): ~$77,000–$83,000 Proforma NOI: ~$54,000–$59,000 (utility structure dependent) Estimated Pro Forma Cap: ~6.0%–6.8% Value-Add: Basement already finished w/ full bath ? attached ADU approval = NOI growth Parking: 6 off-street Utilities: Separate 184 Myrtle St Units: 3 Lot Size: ~0.46 acres (double lot) Zoning: R-2 Proforma NOI: ~$88,575 Parking: 9+ off-street (double driveway) Value-Add: Subdivision / additional structure / ADU (buyer due diligence)

ASK ABOUT THIS PROPERTY

Devon UrenaSmith and Oak Real Estate Co.More Info
774-469-4436

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Devon UrenaSmith and Oak Real Estate Co.More Info
774-469-4436

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