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  • 162 Warren Ave, Brockton, Massachusetts, 36 Bedrooms Bedrooms, 54 Rooms Rooms,12 BathroomsBathrooms,Residential Income,For Sale,Warren Ave,73513906
  • 162 Warren Ave, Brockton, Massachusetts, 36 Bedrooms Bedrooms, 54 Rooms Rooms,12 BathroomsBathrooms,Residential Income,For Sale,Warren Ave,73513906
  • 162 Warren Ave, Brockton, Massachusetts, 36 Bedrooms Bedrooms, 54 Rooms Rooms,12 BathroomsBathrooms,Residential Income,For Sale,Warren Ave,73513906
  • 162 Warren Ave, Brockton, Massachusetts, 36 Bedrooms Bedrooms, 54 Rooms Rooms,12 BathroomsBathrooms,Residential Income,For Sale,Warren Ave,73513906
  • 162 Warren Ave, Brockton, Massachusetts, 36 Bedrooms Bedrooms, 54 Rooms Rooms,12 BathroomsBathrooms,Residential Income,For Sale,Warren Ave,73513906
  • 162 Warren Ave, Brockton, Massachusetts, 36 Bedrooms Bedrooms, 54 Rooms Rooms,12 BathroomsBathrooms,Residential Income,For Sale,Warren Ave,73513906
  • 162 Warren Ave, Brockton, Massachusetts, 36 Bedrooms Bedrooms, 54 Rooms Rooms,12 BathroomsBathrooms,Residential Income,For Sale,Warren Ave,73513906
  • 162 Warren Ave, Brockton, Massachusetts, 36 Bedrooms Bedrooms, 54 Rooms Rooms,12 BathroomsBathrooms,Residential Income,For Sale,Warren Ave,73513906
  • 162 Warren Ave, Brockton, Massachusetts, 36 Bedrooms Bedrooms, 54 Rooms Rooms,12 BathroomsBathrooms,Residential Income,For Sale,Warren Ave,73513906
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.

Features
Basement:
Unfinished
Parking:
Off Street, Paved, Paved Drive
Sewer:
Public Sewer
Water:
Public
Garage Parking
Lead Paint:
Unknown
Additional Information
Market Time:
6
Parking Spaces:
3
Tax Year:
2025
Status:
Active
Price Per Sqft:
$201
Zoning:
C2
No Units:
36
Orig Price:
$2,500,000
LEASE:
Yes
Waterfront:
No
MlsStatus:
Active
Address Map
City:
Brockton
State:
MA
County:
Plymouth
Postal Code:
02301
Longitude:
W72° 58' 38.2''
Latitude:
N42° 4' 57.3''
  • Google Map

Residential Income

162 Warren Ave, Brockton, Massachusetts

36 Bedrooms
12 Total Bathrooms
12,432 Sqft
$2,500,000
Listing ID #73513906
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$2,500,000
Bedrooms :
36
Rooms :
54
Total Bathrooms :
12
Full Bathrooms :
12
Square Footage :
12,432 Sqft
Year Built :
1890
Lot Area :
0.17 Acre
Listing ID :
73513906
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Agent info
Robb Enterprises
  • Stephen E. Robb
  • View website
  • 617-212-0251
  • srobb@robbenterprises.com

Contact Agent

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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