285 W Elm St - Apartments FOR SALE


Brockton, MA 02301
$1,050,000 USD
781-776-4000
285 W Elm St, Brockton, MA for Sale
$1,050,000 USD
Apartments - FOR SALE
1/20
null | 6.61% Cap Rate

285 W Elm St
Brockton, MA 02301


HIGHLIGHTS

  • Value-Add Potential
  • Well-Located
  • Strong Rental Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 285 W Elm Street in Brockton, Massachusetts (the “Property”). 285 W Elm Street is improved by a three-story building containing seven (7) residential units comprised of five (5), 1-Bedroom/1-Bathroom units, one (1), 2-Bedroom/1-Bathroom units, and one (1) 3-Bedroom/1-Bathroom unit with 4,839 square feet of living area in 6,874 total gross square feet on a 0.16-acre corner parcel of land. The Property features six (6) on-site parking spaces available for tenants. 285 W Elm Street is well-located in a renter-dominated market and well-maintained 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 on the west side of Brockton and is 0.9-miles from the Brockton MBTA Commuter Rail station. The location offers tenants convenient access to area shopping (Walmart, Market Basket, Shaw’s, Aldi, Walgreens, CVS) several options for restaurants and bars, and convenient access to the area’s major roadways. The Property is also close to several area schools including Brockton High School and Massasoit Community College.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$146 USD /SF

# OF UNITS

7

PRICE/UNIT

$150,000

CAP RATE

6.61%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,926 SF

ZONING

R2

APN/PARCEL ID

BROC-000048-000174

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.