162 Warren Ave, Brockton, MA 02301
162 Warren Ave, Brockton, MA 02301
162 Warren Ave, Brockton, MA 02301
162 Warren Ave, Brockton, MA 02301
162 Warren Ave, Brockton, MA 02301
162 Warren Ave, Brockton, MA 02301
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Debi Savard

Debi Savard

+1(508) 277-6616
$ 2,500,000
Est. payment | /mo

36 Beds

12 Baths

12,432 SqFt

Save
$ 2,500,000
Est. payment | /mo
Save

36 Beds

12 Baths

12,432 SqFt

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

Listed by eXp Realty LLC

Schools and Properties Nearby

Debi Savard

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(508) 277-6616

mysouthcoasthome@gmail.com

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162 Warren Ave