683 N Main St
Brockton, MA 02301
Mixed Use Commercial/Residential Income Bldg · Multifamily Property For Sale
·
7 Units
Property Facts
| No. Units | 7 | Building Size | 7,928 SF |
| Property Type | No. Stories | 2 | |
| Apartment Style | Low-Rise | Year Built/Renovated | 1920/2017 |
| Lot Size | 0.18 AC | Parking Ratio | 0.63/1,000 SF |
| Zoning | C2 | ||
| No. Units | 7 |
| Property Type | |
| Apartment Style | Low-Rise |
| Lot Size | 0.18 AC |
| Building Size | 7,928 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1920/2017 |
| Parking Ratio | 0.63/1,000 SF |
| Zoning | C2 |
About 683 N MAIN ST , BROCKTON, MA 02301
Here's your chance to own a beautiful mixed use property with a 8.72% cap rate. Property features 4 (2BR) residential units and 3 commercial spaces. All units are leased. Nothing to do but sit back and collect rent! There is a detached garage in the back with a parking for 5 cars. There could be a possibility to subdivide the parking/garage area out back and develop the land in the future. The possibilities are endless with a little research and homework by the potential investor! Current owner has maintained the building and has done upgrades with a pride of ownership making your job as the new owner EASY! Residential units have electric heat/hot water but gas exists to make the conversion to gas heat. Tenants pay their own utilities in all units. Residential units are under market rate, with plenty of room to move up. Increase rents and bring your cap rate over 11%”
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $1,200 | 900 |
Property Taxes
| Parcel Number | BROC-000104-000031 | Improvements Assessment | $796,700 |
| Land Assessment | $160,800 | Total Assessment | $957,500 |
Property Taxes
