Property Description
Great opportunity to acquire a fully licensed, fully occupied 14-unit income property at 19 Clinton Avenue, generating $192,600 in gross annual rent and a strong 9.61% cap rate at the $1,300,000 asking price. The property is configured as four self-contained apartments (two 2-bedrooms and two 1-bedrooms) plus a ten-room rooming-house component, providing a powerful blend of stable apartments and per-room rentals for great cash flow. Whether you’re an investor looking to plug an immediate $124,915 NOI into your portfolio, or a buyer looking to reposition, 19 Clinton Avenue is a turn-key opportunity in a stabilized building with real upside.
Features
- Parking:
- Paved Drive
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking
- Lead Paint:
- Unknown
Additional Information
- Market Time:
- 7
- Parking Spaces:
- 4
- Tax Year:
- 2025
- Status:
- Active
- Price Per Sqft:
- $242
- Zoning:
- C2
- No Units:
- 14
- Orig Price:
- $1,300,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
Address Map
- City:
- Brockton
- State:
- MA
- County:
- Plymouth
- Postal Code:
- 02301
- Longitude:
- W72° 58' 39.9''
- Latitude:
- N42° 4' 53.2''
Residential Income
19 Clinton Ave, Brockton, Massachusetts
16 Bedrooms
6 Total Bathrooms
5,376 Sqft
$1,300,000
Listing ID #73532156
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,300,000
- Bedrooms :
- 16
- Rooms :
- 18
- Total Bathrooms :
- 6
- Full Bathrooms :
- 6
- Square Footage :
- 5,376 Sqft
- Year Built :
- 1899
- Lot Area :
- 0.11 Acre
- Listing ID :
- 73532156
Agent info
Robb Enterprises
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
Contact Agent