Off Market

30 Intervale St, Brockton, MA

Brockton · MA 02302

$999,900
Price
33
Beds
15
Baths
6000
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 15 Units
Lot size: 0.24 Acre Lot
Price per square foot: $167 / Sq.Ft
Parking: 20 Off Street Spaces

About this home

According to seller, this is approved to a total of 15 units. The breakdown are as follows: Six 3 beds, 6 two beds, 3 one beds, which should generate about $374,000+ a year once completed. This is truly shovel ready. Just pay the permit fee, and start construction all approved by the city to start construction. Full plans will be sent upon request. For the right buyer/investor, this will be a wonderfully modern asset, and once build it will have virtually no maintenance requirements and an amazing return. The property pro forma attached is assuming a $3.5 million dollar loan after construction with a $5.2 million dollar valuation. Buy: $1.5MBuild: $1.9MARV: $5-5.2MTake a look at this cool video from the seller (located in firm remarks) is assuming a refinance loan of approx $3.5M with an appraised value of $5.2M. In the event the buyer leaves 20% in the deal, the cash on cash return is approx. 12% year one. Moist figures: Assessed Value, Sizes, tax are all estimates.Currently 6K sq/ft.

Neighborhood & Transit

30 Intervale St, Brockton · MA 02302

Nearby transit

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

  • Montello Commuter Rail 1 route 0.35 mi
    • Fall River/New Bedford Line

Price Insight

Days on Market:
1495 days
Listing Price:
$999,900
Price per Sq.Ft:
$167
Tax Assessment:
$5,000,000 in 2024
Taxes:
$8,333 / Monthly

Home Facts

Interior Features

Bedrooms
33
Full Bathrooms
15
Half Bathrooms
0
Living Area
6,000 Sq.Ft
Broker Disclosure about Living Area
Please see drawings for measurements, bedroom county, sizes and recommendations and approvals.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
6000
Flooring
Unknown
Lead paint
Unknown

Utilities

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

Exterior Features

Lot Size
10,620 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
20 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

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

Listing information

Listing agent
Adelino Vicente
Listing office
Vicente Realty, LLC
MLS PIN #
73043281
Disclosure
Please see drawings for measurements, bedroom county, sizes and recommendations and approvals.