$475,000
$475,000
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1208 Montello Street Brockton, MA 02301
0.34 Acres Lot
Key Details
Sold Price $475,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 72757965
Sold Date 08/30/21
Year Built 2020
Annual Tax Amount $2,177
Tax Year 2020
Lot Size 0.340 Acres
Acres 0.34
Property Description
Zoning Approved for 24 Residential Units in C-2 Zoning! Transit -oriented housing development opportunity! This project is steps from the Campello commuter rail station platform and directly across from the newly renovated city park! This is zoning approved for 12 one bedroom & 12 two bedroom units 1-1 parking on ground level...trophy project! Recently the city of Champions has become the city of opportunities, Brockton's real estate market is experiencing one of the highest property valuation increases in the state and some say its swiftly becoming the new Boston (with its highway access, public transportation systems & train)! This would be a gem in anyone's portfolio! Ideally situated at the corner of Montello Street (Route 28) & Riverside Avenue,1208-1210 Montello represents one of the few remaining opportunities to capture a possible 10% cap rate!
Location
State MA
County Plymouth
Zoning Comm Devp.
Direction Near entrance of Campello T station platform.
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Bought with Kathryn Raymond • Keller Williams Realty Boston-Metro | Back Bay