For Sale
162 Warren Ave, Brockton, MA
Brockton · MA 02301
- $2,200,000
- Price
- 36
- Beds
- 12
- Baths
- 12432
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1890
Units:
36 Units
Lot size:
7,222 Sq.Ft Lot
Price per square foot:
$177 / Sq.Ft
Parking:
3 Off Street Spaces
About this home
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.
Neighborhood & Transit
162 Warren Ave, Brockton · MA 02301
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Brockton Commuter Rail 2 routes 0.35 mi
- CapeFLYER
- Fall River/New Bedford Line
Price Insight
- Days on Market:
- 182 days
- Listing Price:
- $2,200,000
- Price per Sq.Ft:
- $177
- Tax Assessment:
- $1,453,000 in 2025
- Taxes:
- $1,466 / Monthly
Home Facts
Interior Features
- Bedrooms
- 36
- Full Bathrooms
- 12
- Half Bathrooms
- 0
- Living Area
- 12,432 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 12432
- 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
- 7,222 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 3 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Wood
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Bascom Group
- Listing office
- eXp Realty LLC
- MLS PIN #
- 73513906