162 Warren Ave Brockton, MA 02301
Estimated payment $14,720/month
Highlights
- Golf Course Community
- Property is near public transit and schools
- Tennis Courts
- Medical Services
- Community Pool
- Jogging Path
About This Home
162 Warren Avenue is a fully licensed 36-room lodging house in the heart of Brockton, including 2 one-bedroom apartments and 1 studio. This three-story, 12,432 SFbuilding generates $403,476 in gross annual income from diversified sources including room rents, laundry, vending, ATM, and storage. With operating expenses of$186,280, the property produces a net operating income of $217,196, delivering a 8.69 % cap rate at the $2,500,000 asking price. Situated on a 0.17-acre parcel zoned C2Commercial, the property offers both stable cash flow and long-term redevelopment potential. The building is fully functional with consistent occupancy. Its primelocation places it near downtown Brockton, the MBTA Commuter Rail, and Vincentes Supermarket, offering investors a rare chance to acquire a stabilized incomeproducing asset with future upside.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,596
Year Built
- Built in 1890
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 12,432 Sq Ft Home
- 3-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 36 Bedrooms
- 12 Full Bathrooms
Parking
- 3 Car Parking Spaces
- Driveway
- Paved Parking
- 3 Open Parking Spaces
- Off-Street Parking
Additional Features
- 7,222 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number M:091 R:019 S:,961498
Community Details
Overview
- 36 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $28,400
- Insurance Expense $29,357
- Water Sewer Expense $11,941
- Operating Expense $196,857
- Net Operating Income $206,618
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,596 | $1,453,000 | $208,700 | $1,244,300 |
| 2024 | $17,465 | $1,453,000 | $208,700 | $1,244,300 |
| 2023 | $17,652 | $1,359,900 | $199,200 | $1,160,700 |
| 2022 | $17,159 | $1,228,300 | $199,200 | $1,029,100 |
| 2021 | $15,775 | $1,087,900 | $189,800 | $898,100 |
| 2020 | $16,570 | $1,093,700 | $106,700 | $987,000 |
| 2019 | $16,278 | $1,047,500 | $106,700 | $940,800 |
| 2018 | $14,902 | $1,024,200 | $106,700 | $917,500 |
| 2017 | $14,902 | $925,600 | $106,700 | $818,900 |
| 2016 | $15,437 | $889,200 | $106,680 | $782,520 |
| 2015 | $14,671 | $808,300 | $106,680 | $701,620 |
| 2014 | $14,654 | $808,300 | $106,680 | $701,620 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/04/2026 05/04/26 | For Sale | $2,500,000 | -- | $201 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $1,400,000 | None Available | |
| Quit Claim Deed | $1,115,000 | -- | |
| Quit Claim Deed | $1,115,000 | -- | |
| Deed | $635,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,200,000 | Purchase Money Mortgage | |
| Previous Owner | $835,000 | Commercial | |
| Previous Owner | $730,000 | Commercial | |
| Previous Owner | $60,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73513906
APN: BROC-000091-000019
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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