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You are here:
49 Days on Boston Pads
Price Reduced $10,000
3 Photos
$865,000
4 Unit
7 Beds
4 Baths
2536 SQFT
0.11 Acre
18 Florence
Brockton, MA 02301

Property Description

Your next investment is here and the heavy lifting has been done. This 4-family features major capital upgrades including brand-new windows, a high-end wall-mounted boiler for whole-house efficiency, and new PEX plumbing. Two first-floor units have been updated, and the vinyl siding and roof are both are in great condition. The entire building has been deleaded and comes with letters of compliance—a crucial advantage in the rental market. With current rents exceeding $87,000 annually, you can start profiting from day one. Opportunity to purchase adjacent property for a powerful income-producing portfolio. Combine 18 Florence Street (4-family residential, NOI ~$77,840) with 14 Florence st 73451551 (10,584 SF commercial warehouse NOI ~$70,000) for a total gross income exceeding $172,000 annually. Both properties are zoned R3 and offer long-term upside with stable tenancy, recent upgrades, and flexible use potential. Ideal for investors seeking scale, location, and cash flow

Property Overview

Building Information

  • Total Units: 4
  • Total Floors: 4
  • Total Bedrooms: 7
  • Total Full Baths: 4
  • Amenities: House of Worship, Laundromat, Medical Facility, Private School, Public School, Public Transportation, Swimming Pool
  • Basement Features: Bulkhead, Full
  • Common Heating: Gas, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 87600
  • Gross Expenses: 9760
  • GSE: 2675
  • Electric Expenses: 1400
  • Water/Sewer: 2385
  • INSC: 2100
  • RFS: 1200
  • Net Operating Income: 77840

Utilities

  • Heat Zones: 4
  • Energy Features: Insulated Windows
  • Utility Connections: for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1925
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks)
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73444906
  • Last Updated: 11/17/25

Date Event Price Price/Sq Ft Source
11/17/2025Active$865,000$341MLSPIN
11/13/2025Price Change$865,000$341MLSPIN
10/21/2025Active$875,000$345MLSPIN
10/17/2025New$875,000$345MLSPIN

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Map & Resources

Champion Charter School

Charter School, Grades: 9 - 12

0.17mi

Keith School

School

0.22mi

Edgar School

School

0.29mi

Gilmore Elementary School

Public Elementary School, Grades: K-5

0.55mi

Dr. W. Arnone Community School

Public Elementary School, Grades: PK-5

0.59mi

Huntington Therapeutic Day School

Public Secondary School, Grades: K-12

0.67mi

Keith Center

School

0.7mi

Plouffe Middle School

Public Middle School, Grades: 6-8

0.75mi

Dunkin'

Donut & Coffee Shop

0.59mi

Brockton Police Dept

Local Police

0.9mi

Brockton Fire Department Station 2

Fire Station

0.4mi

Brockton Fire Department

Fire Station

0.41mi

Brockton Fire Department

Fire Station

0.41mi

Brockton Fire Department Station 4

Fire Station

0.76mi

Brockton Fire Department

Fire Station

0.9mi

Brockton Fire Department

Fire Station

0.91mi

Central Fire Station

Fire Station

0.92mi

Old Colony YMCA

Sports Centre

0.42mi

James Edgar Playground

Park

0.28mi

Otis Street Park

Municipal Park

0.52mi

Salisbury Brook Park

Municipal Park

0.53mi

Eldon B. Kieth Field

Park

0.61mi

G.A.R. Park

Park

0.63mi

George G. Snow Park

Municipal Park

0.74mi

South Street Historic District

Park

0.75mi

Plymouth St. Playground

Municipal Park

0.8mi

Gilmore Playground

Playground

0.36mi

Crescent Credit Union

Bank

0.81mi

Saab Gas Station

Gas Station

0.86mi

Saab Gas Station

Gas Station

0.86mi

Brockton Public Library

Library

0.48mi

Brockton Law Library

Library

0.53mi

Saab Food Mart

Convenience

0.87mi

Vicente's Supermarket

Supermarket

0.88mi

Seller's Representative: Michael Mather, Tri Town Associates
MLS ID#: 73444906

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-11-17 03:05:00

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