162 Warren Ave, Brockton, MA 02301
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
162 Warren Ave,Brockton, MA 02301
$2,800,000
- - Beds
- - Baths
- 12,432 sq. ft.
- Multi-family
- Active
Listed by:creatini group
Office:exp realty
MLS#:73444455
Source:MLSPIN
Price summary
- Price:$2,800,000
- Price per sq. ft.:$225.23
About this home
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.
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Home facts
- Year built:1890
- Listing ID #:73444455
- Updated:October 16, 2025 at 07:59 PM
Rooms and interior
- Living area:12,432 sq. ft.
Structure and exterior
- Year built:1890
- Building area:12,432 sq. ft.
- Lot area:0.17 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,800,000
- Price per sq. ft.:$225.23
- Tax amount:$17,596 (2025)
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