Homes for sale - 127 Newbury St, Brockton, MA 02301

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Matt Quinlan

qrealtorma@gmail.com +1(978) 827-8268

$915,000

Est. payment - /mo

8 Beds

5 Baths

4,317 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,317 sqft

Price per Sqft $211

MLS Listing ID 73372323

Bedrooms 8

Full Baths 5

Year Built 1900

Annual Tax Amount $8,266

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type 5-9 Family

Property Description

127 Newbury Street consists of a three-story building containing five (5) residential units comprised of three (3), 2-Bedroom/1-Bathroom units and two (2), 1-Bedroom/1-Bathroom units with 4,317 square feet of living area in 6,009 total gross square feet and is situated on a 0.17-acre parcel of land with off-street parking available to tenants. Utilities are separately metered for electricity, heat, and hot water which the tenants pay directly. Unit 1 (2 bed/1 bath) recently became vacant, the Property offers a 8.07 current cap rate and 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 in a high demand/supply-constrained residential market.

Location

State MA

County Plymouth

Zoning R3

Direction Please use GPS

Rooms

Basement Full, Unfinished

Exterior

Community Features Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Public School, T-Station, University

Roof Type Shingle,Slate,Rubber

Total Parking Spaces 8

Garage No

Building

Story 9

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Horvath & Tremblay

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Matt Quinlan

+1(978) 827-8268

Broker | License ID: 9518707

Broker License ID: 9518707

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127 Newbury St Brockton, MA 02301

Matt Quinlan

Key Details

Location

Rooms

Exterior

Building

Others

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