1. Massachusetts
  2. Brockton
  3. 127 Newbury St
$915,000

127 Newbury St, Brockton, MA 02301

  • 8 beds |
  • 5 baths |
  • 4,317 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $212/sqft
  • Property List Date Icon Listed 29 days ago

Property Description

127 Newbury Street consists of a three-story building containing five (5) residential units comprised of three (3), 2-Bedroom/1-Bathroom units and two (2), 1-Bedroom/1-Bathroom units with 4,317 square feet of living area in 6,009 total gross square feet and is situated on a 0.17-acre parcel of land with off-street parking available to tenants. Utilities are separately metered for electricity, heat, and hot water which the tenants pay directly. Unit 1 (2 bed/1 bath) recently became vacant, the Property offers a 8.07 current cap rate and 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 in a high demand/supply-constrained residential market.

Listing Status:
Pending
Listing Office:
Horvath & Tremblay : 781-776-4000
Listing Agent:
Jason Kulik : 781-776-4016
MLS ID:
73372323

This listing courtesy of Jason Kulik, Horvath & Tremblay

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dr W Arnone Community School

135 Belmont St, Brockton, MA, 02301

Grades PK-5

0.18 miles away

J

Joseph F. Plouffe Academy

250 Crescent St, Brockton, MA, 02302

Grades 6-8

0.76 miles away

F

Frederick Douglass Academy

175 Warren Ave, Brockton, MA, 02301

Grades 9-12

0.16 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.