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Closed

26-28 Florence St, Brockton MA 02301

$615,000

Estimated $1,564.39/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $205,000

Total Rent: 48000/year

Estimated CAP Rate: 6.26%

5 Bedrooms

3 Full, 1 Half Baths

2,334 SqFt

Total Parking: 6

4,722 SqFt

Fantastic fully rented 3 family located by downtown Brockton with easy access to 24 and walking distance to restaurants, shopping, and public transportation. Exterior features plenty of parking with 6-8 cars capable of fitting in the paved driveway. Yard is partially fenced in for privacy and the second and 3rd floor units both have decks for tenants to access and enjoy. Building is vinyl sided and has a new roof along with 3 brand new forced hot air gas heating systems. Property also features 1 new owned hot water tank along with 2 rental tanks. Basement has been partially finished with no heat and could be used as extra space or common area for the tenants. 1st and 2nd floor units have the same layout and are large 2 bedroom apartments with the 3rd floor being a 1 bedroom unit. All tenants are currently TAW with 30 day notice and pay their own utilities. This is a great opportunity for either investment or owner occupied. Please give notice when requesting a showing due to tenants.

This home has been viewed 29 times

Last Checked: May 7th, 2024 at 1:01am (Source: MLS PIN #73067517)

Gross Income: $48,000

Gross Expenses: $9,475

Net Income Calc: $38,525

CAP Rate: 6.26%

Annual Expenses for 26-28 Florence St, Brockton MA 02301

Total Gross Expenses (Calculated)$9,475/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance$2,669

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,806

Annual Income & Unit Breakdown for 26-28 Florence St, Brockton MA 02301

Total Gross Income (Calculated)$48,000

Unit 1

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,300

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,200

LeaseN

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 26-28 Florence St, Brockton MA 02301

Listing ID73067517

Property TypeMulti Family / 3 Family

Price$615,000 ($263.5/SqFt)

Style3 Family

CityBrockton

CountyPlymouth

MLS Area

Neighborhood(s)

Approximate Living Area Total2,334 SqFt

Approximate Lot Size (Acres)0.11 acres

Total Parking6

Garage Parking

Year Built1925

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor Space

ZoningR3

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 26-28 Florence St, Brockton MA 02301

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$2,669

Total Gross Income By Broker$48,000

Total Net Income By Broker$48,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2% NET%

Facilitator Compensation2% NET%

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 26-28 Florence St, Brockton MA 02301

Real Estate Taxes$6,806

Tax Year2022

Assessed Value$487,200

Financial Data Source

Total Gross Expenses By Broker$2,669

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$48,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$48,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.26%

Location Information for 26-28 Florence St, Brockton MA 02301

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesPublic School, Shopping, Medical Facility, Public Transportation, T-station

Contact Information for 26-28 Florence St, Brockton MA 02301

Agent

Name: Koury Signoriello Realtor Group

Office

Name: New World Realty

Phone: 508-699-0608

Team Members

Name: Koury Signoriello

Phone: 774-991-2579

Payment Calculator

, Interest

Property Taxes 567.17

Principal & Interest 3789.43

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

New World Realty

Koury Signoriello Realtor Group

Agent Phone

Office Phone

(508) 699-0608

Text Agent Call Agent Call Office

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EXIT

Closed

26-28 Florence St, Brockton MA 02301

$615,000

Annual Expenses for 26-28 Florence St, Brockton MA 02301

Annual Income & Unit Breakdown for 26-28 Florence St, Brockton MA 02301

General Information for 26-28 Florence St, Brockton MA 02301

Disclosures for 26-28 Florence St, Brockton MA 02301

Financial Information for 26-28 Florence St, Brockton MA 02301

Location Information for 26-28 Florence St, Brockton MA 02301

Contact Information for 26-28 Florence St, Brockton MA 02301

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New World Realty

Koury Signoriello Realtor Group