162 Warren Ave, Brockton, MA 02301
162 Warren Ave, Brockton, MA 02301
162 Warren Ave, Brockton, MA 02301
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JEP Realty

JEP Realty

+1(781) 258-7513
$2,500,000
Est. payment /mo
36 Beds
12 Baths
12,432 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - Rooming House

Listing Status Active

Purchase Type For Sale

Square Footage 12,432 sqft

Price per Sqft $201

MLS Listing ID 73513906

Bedrooms 36

Full Baths 12

Year Built 1890

Annual Tax Amount $17,596

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type 5+ Family - Rooming House

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.

Location

State MA

County Plymouth

Zoning C2

Direction Use GPS

Rooms

Basement Unfinished

Exterior

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Total Parking Spaces 3

Garage No

Building

Story 3

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

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Listed by eXp Realty LLC

NEARBY SCHOOL & BUSINESS

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JEP Realty

Broker Associate License ID: 9518255

+1(781) 258-7513 | [email protected]

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162 Warren Ave

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