INVEST IN BROCKTON! Priced well below ARV. Not a flip but definitely a great owner-occupied value add income opportunity...could also work as part of a buy and hold portfolio. SELLER WILL GET VERY CREATIVE - PITCH YOUR IDEAS. This is a single family home WITH AN APPROVED VARIANCE TO CONVERT TO A 2 FAMILY HOME Very simple to convert - both units have 2 existing egresses. Unit 1 is 2BR and will include first floor and basement - needs - convert half bath to full, wall off 2 BRs marked in blue tape for an idea, new counters and paint cabinets in kitchen. Basement has finished family room area and additional full bath. Unit 2 is 3BR and will include 2nd and 3rd floors - needs - kitchen, wall off bedroom, clean up third floor (if you can add another window in the open loft area can probably get a 4th BR). Paint throughout, HVAC, Electric, some plumbing. Owner acquired through foreclosure auction and has no disclosures.
This home has been viewed 39 times
Last Checked: May 7th, 2024 at 5:26am (Source: MLS PIN #73075521)
Gross Income: $0
Gross Expenses: $6,393
Net Income Calc: $6,393
Annual Expenses for 34 W Chestnut St, Brockton MA 02301
Total Gross Expenses (Calculated)$6,393/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6393
Annual Income & Unit Breakdown for 34 W Chestnut St, Brockton MA 02301
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 34 W Chestnut St, Brockton MA 02301
Listing ID73075521
Property TypeMulti Family
Price560000 ($192.04/SqFt)
StyleMulti Family
CityBrockton
CountyPlymouth
Neighborhood(s)
Approximate Living Area Total2916
Approximate Lot Size (Acres)0.15
Total Parking7 (1 Garage)
Garage Parking1
Year Built1879
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningR2
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 34 W Chestnut St, Brockton MA 02301
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal Property.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation0
Compensation Based OnNet Sale Price
Financial Information for 34 W Chestnut St, Brockton MA 02301
Real Estate Taxes6393
Tax Year2023
Assessed Value$492,500
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 34 W Chestnut St, Brockton MA 02301
Neighborhood(s)
Area Amenities
Contact Information for 34 W Chestnut St, Brockton MA 02301