MA > Brockton
Brockton, MA 02301,162 Warren Ave
Brockton, MA 02301,162 Warren Ave
Brockton, MA 02301,162 Warren Ave
9
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$2,800,000
Est. payment /mo
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7,405 Sqft Lot
Active

162 Warren Ave Brockton, MA 02301

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Eric Coury

Eric Coury

The Coury Team Homes - KW ELITE

+1(508) 838-6956

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73431493

HOA Y/N false

Year Built 1890

Annual Tax Amount $17,596

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Description

162 Warren Avenue is a fully licensed 33-room lodging house in the heart of Brockton, including 2 one-bedroom apartments and 1 studio. This three-story, 12,432 SF building 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 7.75% cap rate at the $2,800,000 asking price. Situated on a 0.17-acre parcel zoned C2 Commercial, the property offers both stable cash flow and long-term redevelopment potential. The building is fully functional with consistent occupancy. Its prime location places it near downtown Brockton, the MBTA Commuter Rail, and Vincentes Supermarket, offering investors a rare chance to acquire a stabilized income-producing asset with future upside.

Location

State MA

County Plymouth

Zoning C2

Direction Warren Ave and L st

Exterior

Utilities Available Public Water, Public Sewer

Total Parking Spaces 3

Others

Senior Community false

Virtual Tour https://book.shamremedia.com/videos/01999795-da94-7131-9cc2-9d9a96f48ef2

Listed by eXp Realty

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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of The Coury Team Homes - KW ELITE, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

YOUR LOCAL REAL ESTATE EXPERTS

Tricia Coury

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Tricia Coury

Executive Real Estate Specialist - Team Leader

+1(508) 838-6956

tricia@triciacoury.com

Eric Coury

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Eric Coury

Realtor - Team Manager

+1(508) 838-6956

eric@thecouryteam.com

Scott Garcia

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Scott Garcia

Home Buyer Specialist

+1(508) 821-8160

scott@thecouryteam.com

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Nathaly Castillo

Transaction Coordinator

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of The Coury Team Homes - KW ELITE, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.