127 Newbury St - Apartments FOR SALE


Brockton, MA 02301
$925,000 USD
781-776-4000
127 Newbury St, Brockton, MA for Sale
$925,000 USD
Apartments - FOR SALE
1/14
null | 7.22% Cap Rate

127 Newbury St
Brockton, MA 02301


HIGHLIGHTS

  • Transit Oriented Location
  • Value-Add Potential
  • Separately Metered Utilities
  • Off-Street Parking
  • Strong Rental Demographics & Demand
  • Quality of Life Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 127 Newbury Street in Brockton, Massachusetts (the “Property”). The three-story building contains 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. 127 Newbury Street is well-located in a renter-dominated market and is fully occupied with low historical vacancy. There is a limited supply of multi-family property in Plymouth County with a high demand for rental units. The Property is situated in Downtown Brockton and is 0.7-miles from the Brockton MBTA Commuter Rail station. The location offers tenants convenient access to area shopping (Vicente’s Supermarket, Market Basket, Aldi, Walgreens, CVS) several options for restaurants and bars, and convenient access to the area’s major roadways.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$154 USD /SF

# OF UNITS

5

PRICE/UNIT

$185,000

CAP RATE

7.22%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4000

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Dennis KelleherHorvath & TremblayMore Info
781-776-4000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.