$3,000,000
$3,200,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
33 W Elm Street Brockton, MA 02301
43,422 SqFt
Key Details
Sold Price $3,000,000
Property Type Multi-Family
Sub Type 5+ Family - Rooming House
Listing Status Sold
Purchase Type For Sale
Square Footage 43,422 sqft
Price per Sqft $69
MLS Listing ID 72766966
Sold Date 07/27/21
Year Built 1906
Annual Tax Amount $20,378
Tax Year 2020
Lot Size 0.270 Acres
Acres 0.27
Property Sub-Type 5+ Family - Rooming House
Property Description
UNHEARD OF CASH FLOW!! NOI of $441,973K. PRICED UNDER APPRAISED VALUE. Here is your chance to take advantage of Brockton's downtown urban revitalization/ federally designated opportunity zone project. 62 residences with additional commercial rental space, FULLY LICENSED RESTAURANT/TAVERN with 226 capacity and offices. INNHOLDER,LOTTERY,COMMON VICTUALER,ENTERTAINMENT,FOOD,AUTOMATIC AMUSEMENT DEVICE,LODGING HOUSE and MOTEL LICENSES all ready to convey. State of the art SECURITY SYSTEM and PHONE SYSTEM. UPDATED SPRINKLER SYSTEM, HEATING SYSTEM, GENERATOR,ELECTRIC and NEW WATER TANK. SOLAR ARRAY(OWNED-NOT RENTED) and FULL COMMERCIAL LAUNDRY. 22 private parking spots. Abuts new 44 luxury apartment building with another under construction on same block. Commuter rail around the corner makes this a prime location.
Location
State MA
County Plymouth
Zoning C3
Direction Between Warren and Main. Parking off \"L\" Street.
Rooms
Basement Partial, Unfinished
Interior
Appliance Gas Water Heater
Exterior
Community Features Public Transportation, Shopping, Medical Facility, House of Worship, Public School, T-Station, Sidewalks
Roof Type Rubber
Total Parking Spaces 22
Garage No
Building
Lot Description Level
Story 4
Foundation Irregular
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Kyle Craig • Clockhouse Realty