Bruno Real Estate Advisors
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18-20 Florence St, Brockton, MA 02301

Multi-Family

$455,000
Price

4
Units
2,536
Approx. GLA
Investors wanted!! Are you looking for an insane return on investment in a fully occupied property? This long time owner is selling this 4 family property along with a 5 garage bay commercial property next door. Both properties together are bringing in over $95K in gross revenue per year. This is an ideal property for an investor looking for great cashflow. Owner will sell the commercial property separate but will not sell the multi separate, so investors only on this deal.
Open House
No scheduled Open Houses
Highlights
Terms: Contract for Deed
Basement Features: Full
List Price: $455,000
Type: Multi-Family
Multi-Family Type: 4 Family
Status: Active
Baths: 4
Units: 4
Year Built: 1925
Approx. GLA: 2,536
MLS#: 72359191
 
Interior
Basement: Yes
Rooms: 12
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.11
Lot Size: 4,704.00
Lot Description: Paved Drive, Fenced/Enclosed, Level
Foundation: Fieldstone
Parking Spaces: 4
Parking Features: Off-Street
Road Type: Public
Color: Grey
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Exterior: Vinyl
Exterior Features: Porch, Porch - Enclosed, Deck, Gutters, Screens, Fenced Yard
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $291,700
Taxes: $4,685
Tax Year: 2018
Book/Page: 41824/22
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $53,400
Gross Expenses: $8,835
Total Rent: $4,450
Net Income: $44,565
Heat Cost: $300
Additional
Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
Disclosure Declaration: No
Disclosure: Property is being sold as a package deal with 18 Florence St. Full NOI workup on both properties and rent roll and list of upgrades attached. Buyer and buyer agent to do their own due diligence.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 2 0 1 1 0 Yes 1 $1,350
Unit 2 5 2 0 1 1 0 Yes 1 $1,300
Unit 3 3 1 0 2 1 0 Yes 1 $900
Unit 4 3 1 0 2 1 0 1 $900
Units Extras
Unit 1
Rent Includes:  Heat, Water  Applicances:  Range, Refrigerator  Heating:  Gas  Interior:  Bathroom With Tub & Shower, Cable TV Available  Rooms:  Living Room, Kitchen, Family Room 
Unit 2
Rent Includes:  Heat, Water  Applicances:  Range, Refrigerator  Heating:  Gas  Interior:  Bathroom With Tub & Shower, Cable TV Available  Rooms:  Living Room, Dining Room, Kitchen 
Unit 3
Rent Includes:  Heat, Water  Applicances:  Range, Refrigerator  Heating:  Gas  Interior:  Bathroom With Tub & Shower, Cable TV Available  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Heat, Water  Applicances:  Range, Refrigerator  Heating:  Gas  Interior:  Bathroom With Tub & Shower, Cable TV Available  Rooms:  Living Room, Kitchen 
Map
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The listing office is eXp Realty and the listing agent is L&L Homes Team. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 11/15/2018 5:35:00 PM.
 
Bruno Real Estate Advisors
Bruno Real Estate Advisors
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