127 Newbury St Brockton, MA 02301
Estimated payment $5,742/month
Total Views
13,297
8
Beds
5
Baths
4,317
Sq Ft
$212
Price per Sq Ft
Highlights
- Property is near public transit
- Shops
- Coin Laundry
- Park
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,266
Year Built
- Built in 1900
Lot Details
- 7,405 Sq Ft Lot
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
- Slate Roof
- Rubber Roof
Interior Spaces
- 4,317 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Full Bathrooms
Parking
- 8 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
- Assessor Parcel Number 957146
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Operating Expense $25,192
- Net Operating Income $73,808
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/25/2025 05/25/25 | Pending | -- | -- | -- |
| 05/09/2025 05/09/25 | For Sale | $915,000 | +197.1% | $212 / Sq Ft |
| 02/03/2017 02/03/17 | Sold | $308,000 | -3.4% | $71 / Sq Ft |
| 12/29/2016 12/29/16 | Pending | -- | -- | -- |
| 12/15/2016 12/15/16 | For Sale | $318,900 | -- | $74 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Similar Homes in Brockton, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73372323
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