MA
Plymouth
Brockton
02301
127 Newbury St
127 Newbury St, Brockton, MA 02301
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Listing Type
Multi Family
Listing Status
pending
14
$915,000

Home Details for 127 Newbury St

Price
$915,000
Type
Residential Income
Bedrooms
8
Bathrooms
5.0
Square feet
4317
Year built
1900
Lot size acres
0.17
County
Plymouth
Total rooms
18
Garage
Basement
Full, Unfinished
Days on site
136
MLS Listing#
73372323
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.

Property Features
  • Parking
    • Paved
    • Off Street
  • Basement
    • Full
    • Unfinished
  • Water Features
    • Public
Listing Courtesy: Horvath & Tremblay - 781-776-4000
Presented by: Jason Kulik
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Median Listing Price
Median Days on Site
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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