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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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162 Warren Ave , Brockton, MA 02301
$2,500,000
Est. Payment: $5,555.56/mo
0 Bed
0 Bath
16576 Sqft
Status: Active | Days on site: 136
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AN8417 - TM354601
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House Description

162 Warren Avenue is a fully licensed 36-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 8.69 % cap rate at the $2,500,000 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.

Highlights

Listed by Bascom Group , 781-929-5800 eXp Realty LLC , 888-854-7493.

Property Type

Commercial Sale

Lot/Acreage
0.17

Year Built

1890

County

Plymouth

Listing ID

73512302

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Zoning:Legal Conforming
Roof:Rubber
Principal Interest
$5,556
Taxes
$1,466

Home Price

$2,500,000

Loan Details

30 yrs
%

Down Payment

20%
$500,000
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Monthly Price:
$5,555.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,555.56 $1,466.33 $0.00 $7,021.89
Yearly $66,666.67 $17,596.00 $0.00 $84,262.67
Total $2,000,000.00 $527,880.00 $0.00 $2,527,880.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Brockton, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.