NOT LISTED FOR SALE

Estimated Value: $689,000 - $783,000

5 Beds
3.5 Baths
2,334 Sq Ft
$307/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $615,000 $263 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,599/month

4 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Tankless Water Heater
  • Deck
  • Porch
  • Shops

About This Home

As of March 2023

Fantastic fully rented 3 family located by downtown Brockton with easy access to 24 and walking distance to restaurants, shopping, and public transportation. Exterior features plenty of parking with 6-8 cars capable of fitting in the paved driveway. Yard is partially fenced in for privacy and the second and 3rd floor units both have decks for tenants to access and enjoy. Building is vinyl sided and has a new roof along with 3 brand new forced hot air gas heating systems. Property also features 1 new owned hot water tank along with 2 rental tanks. Basement has been partially finished with no heat and could be used as extra space or common area for the tenants. 1st and 2nd floor units have the same layout and are large 2 bedroom apartments with the 3rd floor being a 1 bedroom unit. All tenants are currently TAW with 30 day notice and pay their own utilities. This is a great opportunity for either investment or owner occupied. Please give notice when requesting a showing due to tenants.

Last Listed By

Koury Signoriello Realtor Group

New World Realty Listed on: 01/03/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,806

Year Built

  • Built in 1925

Lot Details

  • 4,722 Sq Ft Lot

Home Design

  • 2,334 Sq Ft Home
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 5 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • Separate Meters
  • Tankless Water Heater
  • Gas Water Heater
  • Water Heater Leased

Listing and Financial Details

  • Total Actual Rent $4,000
  • Assessor Parcel Number M:087 R:074 S:

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Building Details

  • Insurance Expense $2,669
  • Operating Expense $2,669
  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,806

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1925
  • Buyer Agency: 2% NET
  • Buyer Agency Type: %
  • Transaction Broker: 2% NET
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater,Tankless Water Heater,Leased Heater,Water Heater(Varies Per Unit),Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry
  • Living Area: 2334
  • Stories Total: 6
  • MAIN LO: BB0285
  • LIST PRICE PER Sq Ft: 263.5
  • PRICE PER Sq Ft: 263.5
  • MAIN SO: AN7231

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers, Individually Metered
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Public School, T-Station

Lot Info

  • Parcel Number: M:087 R:074 S:
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4722
  • Lot Size Units: Acres
  • PAGE: 25
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6806
  • Tax Book Number: 53253

Multi Family

  • Gross Income: 48000
  • Insurance Expense: 2669
  • Net Operating Income: 48000
  • Number Of Units Total: 3
  • Operating Expense: 2669
  • Total Actual Rent: 4000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Aug 6, 2020
Sold by
Chacon Francisco N and Valle Dora L
Bought by
Martin Daniel
Seller's Agent
Kimberly LaCivita
eXp Realty
Buyer's Agent
Shannon King
Corcoran Property Advisors
List Price
$489,900
Sold Price
$500,000
Premium/Discount to List
$10,100
2.06%
Total Days on Market
4
Current Estimated Value
$715,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,462
Avg. Annual Appreciation
7.77%
Original Mortgage
$407,000
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 2005
Sold by
Jean-Baptiste Jimmy
Bought by
Chacon Francisco N and Valle Dora L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2002
Sold by
Rowlands Angela
Bought by
Baptiste Jimmy J

Purchase Details

Closed on
Aug 22, 1995
Sold by
Lopes Manuel
Bought by
26 Florence Rt and Anjos Jose C

Purchase Details

Closed on
Mar 25, 1988
Sold by
Opoku Ra Maat
Bought by
Chehrehnegar Homayour

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Martin Daniel $500,000 None Available
Chacon Francisco N $390,000 --
Baptiste Jimmy J $250,000 --
26 Florence Rt $5,000 --
Chehrehnegar Homayour $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lema Juan $461,250
Closed Martin Daniel $407,000
Previous Owner Chehrehnegar Homayour $115,000
Previous Owner Chehrehnegar Homayour $312,000
Previous Owner Chehrehnegar Homayour $78,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2023 03/15/23 Sold $615,000 0.0% $263 / Sq Ft
01/08/2023 01/08/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $615,000 +23.0% $263 / Sq Ft
08/14/2020 08/14/20 Sold $500,000 +2.1% $214 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $489,900 -- $210 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $7,145 $590,000 $133,600 $456,400
2024 $7,243 $602,600 $133,600 $469,000
2023 $7,130 $549,300 $100,600 $448,700
2022 $6,806 $487,200 $91,100 $396,100
2021 $6,145 $423,800 $75,100 $348,700
2020 $5,280 $348,500 $71,100 $277,400
2019 $5,695 $366,500 $68,200 $298,300
2018 $4,614 $286,900 $68,200 $218,700
2017 $4,614 $286,600 $68,200 $218,400
2016 $3,970 $228,700 $66,100 $162,600
2015 $3,447 $189,900 $66,100 $123,800
2014 $3,274 $180,600 $66,100 $114,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73067517

MLS Property Information Network (MLS PIN)

APN: BROC-000087-000074