285 W Elm St, Brockton, MA 02301
- $1,050,000
- 10
- BD
- 7
- BA
- 4,839
- SqFt
- Sold Price
- $1,050,000
- List Price
- $1,050,000
- Status
- SOLD
- MLS#
- 73312962
- Bedrooms
- 10
- Bathrooms
- 7
- Full Baths
- 7
- Living Area
- 4,839
- Lot Size (Acres)
- 0.16
- Year Built
- 1900
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.
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Additional Information
- Taxes
- $11,121
- Parking Description
- Paved Drive, Off Street
- Lot Description
- Corner Lot
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Listing Agent: Jason Kulik from Listing Office: Horvath & Tremblay.
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