$2,500,000

Est. Mortgage $12,314/mo *

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162 Warren Ave, Brockton, MA, 02301

162 Warren Ave, Brockton, MA, 02301
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1890

16,576 sqft

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 SF 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 C2 Commercial, 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.

Status:

Active

Type:

Commercial

Zoning:

C2

Acreage:

0.17

Est. Taxes:

$17,596

Utilities

Public Water, Public Sewer

MLS #:

73512302

Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of Bascom Group, eXp Realty 888-854-7493