Pending

Under Agreement

285 W Elm St

Brockton MA, 02301

$1,050,000


$216.99 per sqft

Pending

Under Agreement

10 Beds

7 Baths

4,839 sqft

Multi-family

Built in 1900

285 W Elm Street consists of a three-story building containing seven (7) residential units comprised of five (5), 1-Bedroom/1-Bathroom units, one (1), 2-Bedroom/1 Bathroom units, and one (1) 3-Bedroom/1-Bathroom unit with 4,839 square feet of living area in 6,874 total gross square feet. The property features six (6) on-site parking spaces available for tenants on a 0.16-acre corner parcel of land. All units are separately metered for electricity, and gas-fired heat, and all units except for 3 and 6 are responsible for hot water, which the tenants pay directly. The Landlord is responsible for common area electric, hot water for units 3 and 6, and domestic water and sewer. All tenants are tenant-at-will, with one (1) unit currently vacant. 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.

73312962

MLS ID

November 15, 2024

Listed

November 26, 2024

Updated

Map

285 W Elm St
Brockton MA, 02301

Interior Features

Total Stories

8


Bedrooms

10


Total Bathrooms

7


Full Bathrooms

7


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.16 Acres


Lot Features

Corner Lot


Roof

Slate


Sewer

Public Sewer

Other Property Details

Taxes

$11,121


Tax Frequency

Annually


Days on Market

11


Garage

No


Parking

Paved Drive, Off Street


Parking Total

6


View

No


County

Plymouth


Water Source

Public


Pool

No


Zoning

R2

Listing History

Date

Event

Price

11/26/2024

Pending

 

Courtesy of Jason Kulik, Horvath & Tremblay

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Data last updated 11:09 PM UTC, 11/26/2024

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