19 Clinton Ave, Brockton, MA 02301

$1,225,000
16
BD
6
BA
5,376
SqFt

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Listing courtesy of Listing Agent: Dean Santangelo from Listing Office: Coldwell Banker Realty - Waltham.

List Price
$1,225,000
Status
ACTIVE
Days on Market
57
Price Change
▼ $75,000 1785548658
MLS#
73532156
Subtype
Residential Income
Year Built
1899
Bedrooms
16
Bathrooms
6
Full Baths
6
Living Area
5,376
Lot Size
4,674
Acres
0.11

Property Description

Great opportunity to acquire a fully licensed, fully occupied 14-unit income property at 19 Clinton Avenue, generating $192,600 in gross annual rent and a strong 10.2% cap rate at the $1,225,000 asking price. The property is configured as four self-contained apartments (two 2-bedrooms and two 1-bedrooms) plus a ten-room rooming-house component, providing a powerful blend of stable apartments and per-room rentals for great cash flow. Whether you're an investor looking to plug an immediate $124,915 NOI into your portfolio, or a buyer looking to reposition, 19 Clinton Avenue is a turn-key opportunity in a stabilized building with real upside.

Additional Information

Taxes
$10,562
Zoning
C2
Stories
4
Levels
4
Foundation
Stone
Parking Features
Paved Drive

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Calculator source: Real Geeks

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