18 Florence St Brockton, MA 02301
Clifton Heights NeighborhoodEstimated payment $5,032/month
Highlights
- Medical Services
- Wood Flooring
- Baseboard Heating
- Property is near public transit and schools
- Community Pool
- Coin Laundry
About This Home
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
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,631
Year Built
- Built in 1925
Home Design
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,536 Sq Ft Home
- Property has 1 Level
- Insulated Windows
- Wood Flooring
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Driveway
- 2 Open Parking Spaces
- Off-Street Parking
Utilities
- 4 Heating Zones
- Baseboard Heating
Additional Features
- Bulkhead
- 4,722 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Assessor Parcel Number 961240
Community Details
Overview
- 4 Units
Amenities
- Medical Services
- Coin Laundry
Recreation
- Community Pool
Building Details
- Electric Expense $1,400
- Insurance Expense $2,100
- Water Sewer Expense $2,385
- Operating Expense $9,760
- Net Operating Income $77,840
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,631 | $547,600 | $101,200 | $446,400 |
| 2024 | $6,582 | $547,600 | $101,200 | $446,400 |
| 2023 | $6,180 | $476,100 | $96,600 | $379,500 |
| 2022 | $6,158 | $440,800 | $96,600 | $344,200 |
| 2021 | $5,567 | $383,900 | $92,000 | $291,900 |
| 2020 | $5,816 | $383,900 | $94,700 | $289,200 |
| 2019 | $4,670 | $300,500 | $94,700 | $205,800 |
| 2018 | $4,685 | $291,700 | $94,700 | $197,000 |
| 2017 | $4,157 | $258,200 | $94,700 | $163,500 |
| 2016 | $3,996 | $230,200 | $94,660 | $135,540 |
| 2015 | $3,799 | $209,300 | $94,660 | $114,640 |
| 2014 | $3,795 | $209,300 | $94,660 | $114,640 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/18/2025 12/18/25 | Pending | -- | -- | -- |
| 11/13/2025 11/13/25 | Price Changed | $865,000 | -1.1% | $341 / Sq Ft |
| 10/17/2025 10/17/25 | For Sale | $875,000 | -- | $345 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73444906
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