MA > Brockton
Brockton, MA 02301,162 Warren Ave
Brockton, MA 02301,162 Warren Ave
Brockton, MA 02301,162 Warren Ave
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Jonathan Bombaci

Jonathan Bombaci

+1(978) 710-5616
$2,800,000
Est. payment /mo
7,405 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73431493

HOA Y/N false

Year Built 1890

Annual Tax Amount $17,596

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Description

162 Warren Avenue is a fully licensed 33-room lodging house in the heart of Brockton, including 2 one-bedroom apartments and 1 studio. This three-story, 12,432 SF building 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 7.75% cap rate at the $2,800,000 asking price. Situated on a 0.17-acre parcel zoned C2 Commercial, the property offers both stable cash flow and long-term redevelopment potential. The building is fully functional with consistent occupancy. Its prime location places it near downtown Brockton, the MBTA Commuter Rail, and Vincentes Supermarket, offering investors a rare chance to acquire a stabilized income-producing asset with future upside.

Location

State MA

County Plymouth

Zoning C2

Direction Warren Ave and L st

Exterior

Utilities Available Public Water, Public Sewer

Total Parking Spaces 3

Others

Senior Community false

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Listed by eXp Realty

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