162 Warren Ave, Brockton, MA 02301
Plymouth County
Key Facts
Description
162 Warren Avenue is a fully licensed 36-room lodging house in the heart of Brockton, including 2 one-bedroom apartments and 1 studio. This three-story, 12,432 SF building generates $403,476 in gross annual income from diversified sources including room rents, laundry, vending, ATM, and storage. With operating expenses of $186,280, the property produces a net operating income of $217,196, delivering a 8.69 % cap rate at the $2,500,000 asking price. Situated on a 0.17-acre parcel zoned C2 Commercial, the property offers both stable cash flow and long-term redevelopment potential. The building is fully functional with consistent occupancy. Its prime location places it near downtown Brockton, the MBTA Commuter Rail, and Vincentes Supermarket, offering investors a rare chance to acquire a stabilized income-producing asset with future upside.
Property Information
Property Type
Commercial Sale
Year Built
1890
Living Area
16,576 sq ft
Lot Size
0.17 acres
Zoning
C2
MLS® Listing#
73512302
Property Features
Roof
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$17,596
Tax year 2025
Parcel Number
M:091 R:019 S:,961498
Directions
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Affordability Calculator
$500,000
Estimated monthly payment
$13,306/mo
Principal $2,000,000 · Est. interest $2,790,178 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Brockton, MA
- $545,833
- Median Listing Price
- 32
- Median Days on Market
- 1,493
- Median Sq Ft
- $342
- Median Price / Sq Ft
- 120
- Active Listings
- This home’s price is 358% above the area median.
- Its price per sq ft is 56% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Brockton, MA.
Location
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Points of Interest in Brockton, MA
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 125 Perkins Ave, Brockton, MA | $1,950,000 | — | — | — |
| 7 Christy Dr, Brockton, MA | $2,100,000 | — | — | 15,000 |
| 162 Warren Ave, Brockton, MA | $2,500,000 | 36 | 12 | 12,432 |
Moving Cost Estimate
EXIT Agents in Brockton
Listing Courtesy: eXp Realty LLC - 8888547493
Presented by: Bascom Group