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You are here:
Home Massachusetts Brockton Multi-Family Homes for Sale

285 W Elm St Brockton, MA 02301

6 Days on Boston Pads
20 Photos
$1,050,000
7 Unit
10 Beds
7 Baths
4839 SQFT
0.16 Acre
285 W Elm St
Brockton, MA 02301

Property Description

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.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 7
  • Total Floors: 8
  • Total Bedrooms: 10
  • Total Full Baths: 7
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Medical Facility, Park, Public Transportation, Shopping, Tennis Court, T-Station, Walk/Jog Trails
  • Basement Features: Full
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: Yes
  • Gross Operating Income: 99900
  • Gross Expenses: 30494
  • Net Operating Income: 69406

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Included in Rent: Hot Water, Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Shingle, Slate
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73312962
  • Last Updated: 11/19/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
11/19/2024Active$1,050,000$217MLSPIN
11/15/2024New$1,050,000$217MLSPIN

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Map & Resources

John F Kennedy

Public School, Grades: 1-6

0.33mi

Dr. W. Arnone Community School

Public Elementary School, Grades: PK-5

0.39mi

Keith Center

School

0.42mi

PROMISE College and Career Academy

Public Secondary School, Grades: 9-12

0.57mi

Barrett Russell Early Childhood Center

Public Elementary School, Grades: PK-K

0.6mi

Edgar School

School

0.61mi

Champion HMCS School

School

0.64mi

Ellis Brett School

School

0.66mi

Dunkin'

Donut & Coffee Shop

0.55mi

Flava Jamaica

Restaurant

0.77mi

Brockton Fire Department

Fire Station

0.61mi

Brockton Fire Department

Fire Station

0.63mi

Central Fire Station

Fire Station

0.63mi

Brockton Fire Department Station 6

Fire Station

0.97mi

Brockton Fire Department Station 4

Fire Station

1.19mi

Brockton Police Dept

Local Police

0.85mi

Old Colony YMCA

Sports Centre

0.65mi

Harold D. Bent Playground

Municipal Park

0.09mi

South Street Historic District

Park

0.14mi

Eldon B. Kieth Field

Park

0.34mi

James Edgar Playground

Park

0.48mi

Perkins Park

Municipal Park

0.62mi

Korean-Vietnam Memorial Park

Municipal Park

0.66mi

G.A.R. Park

Park

0.67mi

Salisbury Brook Park

Municipal Park

0.72mi

Parmenter Playground

Playground

0.48mi

Thorny Lea Golf Club

Golf Course

0.64mi

Brockton Law Library

Library

0.52mi

Brockton Public Library

Library

0.66mi

Brockton Public Library West Branch

Library

0.91mi

Lenscrafters

Optician

0.76mi

Shell

Gas Station

0.89mi

Family Dollar

Variety Store

0.78mi

CVS Pharmacy

Pharmacy

0.71mi

Vicente's Supermarket

Supermarket

0.43mi

The Law Offices of Gerald J. Noonan

Supermarket

0.76mi

Price Rite

Supermarket

0.76mi

Ocean State Job Lot

Department Store

0.81mi

Seller's Representative: Jason Kulik, Horvath & Tremblay
MLS ID#: 73312962

© 2024 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 2024-11-19 03:05:00

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