Homes for sale - 285 W Elm St, Brockton, MA 02301

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Jim Armstrong

jarmstrong@aluxety.com +1(978) 394-6736

$1,050,000

Est. payment - /mo

10 Beds

7 Baths

4,839 SqFt

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UPDATED:

11/19/2024 08:05 AM

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,839 sqft

Price per Sqft $216

MLS Listing ID 73312962

Bedrooms 10

Full Baths 7

Year Built 1900

Annual Tax Amount $11,121

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Property Description

285 W Elm Street consists of a three-story building containing seven (7) residential units comprised of five (5), 1-Bedroom/1-Bathroom units, one (1), 2-Bedroom/1 Bathroom units, and one (1) 3-Bedroom/1-Bathroom unit with 4,839 square feet of living area in 6,874 total gross square feet. The property features six (6) on-site parking spaces available for tenants on a 0.16-acre corner parcel of land. All units are separately metered for electricity, and gas-fired heat, and all units except for 3 and 6 are responsible for hot water, which the tenants pay directly. The Landlord is responsible for common area electric, hot water for units 3 and 6, and domestic water and sewer. All tenants are tenant-at-will, with one (1) unit currently vacant. In-place rents are significantly below the current market rates; the opportunity exists to increase income via programmatic updates to the unrenovated units, common areas and exteriors to drive rental rates.

Location

State MA

County Plymouth

Zoning R2

Direction Please use GPS

Rooms

Basement Full

Interior

Heating Natural Gas

Exterior

Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, T-Station

Waterfront false

Roof Type Slate

Total Parking Spaces 6

Garage No

Building

Lot Description Corner Lot

Story 8

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Horvath & Tremblay

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Jim Armstrong

+1(978) 394-6736

Team Leader/Broker Associate | License ID: 9074205

Team Leader/Broker Associate License ID: 9074205

285 W Elm St Brockton, MA 02301

Jim Armstrong

Jim Armstrong

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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285 W Elm St