Your next investment is here and the heavy lifting has been done. This 4-family features major capital upgrades including brand-new windows, a high-end wall-mounted boiler for whole-house efficiency, and new PEX plumbing. Two first-floor units have been updated, and the vinyl siding and roof are both are in great condition. The entire building has been deleaded and comes with letters of compliance—a crucial advantage in the rental market. With current rents exceeding $87,000 annually, you can start profiting from day one. Opportunity to purchase adjacent property for a powerful income-producing portfolio. Combine 18 Florence Street (4-family residential, NOI ~$77,840) with 14 Florence st 73451551 (10,584 SF commercial warehouse NOI ~$70,000) for a total gross income exceeding $172,000 annually. Both properties are zoned R3 and offer long-term upside with stable tenancy, recent upgrades, and flexible use potential. Ideal for investors seeking scale, location, and cash flow
This home has been viewed 42 times
Last Checked: November 18th, 2025 at 7:00am (Source: MLS PIN #73444906)
Gross Income: $87,600
Gross Expenses: $16,391
Net Income Calc: $71,209
CAP Rate: 8.23%
Annual Expenses for 18 Florence, Brockton MA 02301
Total Gross Expenses (Calculated)$16,391/year
APOD AvailableNo
Heating
Electricity$1,400
Water$2,385
Gas$2,385
Insurance$2,100
Sewer$2,385
Trash Removal$1,200
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,631
Annual Income & Unit Breakdown for 18 Florence, Brockton MA 02301
Total Gross Income (Calculated)$87,600
Unit 1
Rental Income$2,300
LeaseN
Bedrooms3
Bathrooms3 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$1,450
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
Unit 3
Rental Income$2,100
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 4
Rental Income$1,450
LeaseN
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
General Information for 18 Florence, Brockton MA 02301
Listing ID73444906
Property TypeMulti Family / 4 Family
Price$865,000 ($341.09/SqFt)
Style4 Family
CityBrockton
CountyPlymouth
MLS Area
Neighborhood(s)
Approximate Living Area Total2,536 SqFt
Approximate Lot Size (Acres)0.11 acres
Total Parking2
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 DescriptionOther
Accessible Features
Outdoor Space
ZoningR3
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Disclosures for 18 Florence, Brockton MA 02301
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area DisclosureApproximate
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$9,760
Total Gross Income By Broker$87,600
Total Net Income By Broker$77,840
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 18 Florence, Brockton MA 02301
Real Estate Taxes$6,631
Tax Year2025
Assessed Value$547,600
Financial Data SourceOwner
Total Gross Expenses By Broker$9,760
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$87,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$77,840
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)8.23%
Location Information for 18 Florence, Brockton MA 02301
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHouse Of Worship, Public School, Medical Facility, Laundromat, Public Transportation, Pool, Private School
Contact Information for 18 Florence, Brockton MA 02301