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127 Newbury St, Brockton, MA

Brockton · MA 02301

$900,000
Price
8
Beds
5
Baths
4317
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 5 Units
Lot size: 7,405 Sq.Ft Lot
Price per square foot: $212 / Sq.Ft
Parking: 8 Off Street Spaces

About this home

127 Newbury Street consists of a three-story building containing five (5) residential units comprised of three (3), 2-Bedroom/1-Bathroom units and two (2), 1-Bedroom/1-Bathroom units with 4,317 square feet of living area in 6,009 total gross square feet and is situated on a 0.17-acre parcel of land with off-street parking available to tenants. Utilities are separately metered for electricity, heat, and hot water which the tenants pay directly. Unit 1 (2 bed/1 bath) recently became vacant, the Property offers a 8.07 current cap rate and in-place rents are significantly below the current market rates. The opportunity exists to increase income via programmatic updates to the unrenovated units, common areas and exteriors to drive rental rates in a high demand/supply-constrained residential market.

Neighborhood & Transit

127 Newbury St, Brockton · MA 02301

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
303 days
Listing Price:
$915,000
Price per Sq.Ft:
$212
Tax Assessment:
$687,700 in 2024
Taxes:
$689 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
5
Half Bathrooms
0
Living Area
4,317 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4317
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
7,405 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
8 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Jason Kulik
Listing office
Horvath & Tremblay
MLS PIN #
73372323
Disclosure
Unit 1 vacant, rent set to market.