18 Florence St Brockton, MA 02301
Clifton Heights NeighborhoodEstimated payment $4,927/month
Highlights
- Medical Services
- Wood Flooring
- Baseboard Heating
- Property is near public transit and schools
- Community Pool
- Coin Laundry
About This Home
Your next turnkey investment has arrived with all the heavy lifting already done. Possibility to generate over $104K per year with small increases to current under market rents. This powerhouse 4-family boasts major capital upgrades, including a brand new roof, newer windows, and a high end wall mounted boiler for maximum efficiency. With new PEX plumbing and a fully deleaded building (Letters of Compliance in hand), this is a rare, low-maintenance find. Currently generating over $87,000 in annual gross income, you can enjoy immediate cash flow from day one. Zoned R3 with long term tenants and one available 3 bedroom unit for wither owner occupied ior to be rented out by new owner.
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 |
|---|---|---|---|---|
| 03/05/2026 03/05/26 | Price Changed | $825,000 | -1.7% | $325 / Sq Ft |
| 01/30/2026 01/30/26 | Price Changed | $839,000 | 0.0% | $331 / Sq Ft |
| 01/30/2026 01/30/26 | For Sale | $839,000 | -3.0% | $331 / 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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