$2,500,000
Active162 Warren Ave
Brockton, MA, 02301
Multi-Family · MLS #73513906
Price/sqft
$201
Days on market
New today
Year built
1890
Lot size
0.17 ac
12,432 sq ft
Sq Ft
0.17 acres
Lot
1890
Year Built
Taxes: $17,596 (2025)
About this home
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 SFbuilding 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 C2Commercial, the property offers both stable cash flow and long-term redevelopment potential. The building is fully functional with consistent occupancy. Its primelocation places it near downtown Brockton, the MBTA Commuter Rail, and Vincentes Supermarket, offering investors a rare chance to acquire a stabilized incomeproducing asset with future upside.
Property details
- Road type
- Public
- Basement
- Unfinished Basement
Listed by Bascom Group · eXp Realty
Schedule a showing
162 Warren Ave
Estimated payment
$15,149 / month
Loan term
- Principal & interest
- $12,641
- Property tax
- $1,466
- Home insurance
- $1,042
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.