127 Newbury StreetBrockton, MA 02301MLS Number 73193536

  • Price: $900,000
  • Est. Mortgage of $/month
  • 159 Days on Market
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Federal 30-year interest rate: 6.87% last updated on Jun 20, 2024
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Under Agreement
127 Newbury Street Brockton MA 02301127 Newbury Street Brockton MA 02301127 Newbury Street Brockton MA 02301127 Newbury Street Brockton MA 02301127 Newbury Street Brockton MA 02301127 Newbury Street Brockton MA 02301127 Newbury Street Brockton MA 02301127 Newbury Street Brockton MA 02301127 Newbury Street Brockton MA 02301127 Newbury Street Brockton MA 02301127 Newbury Street Brockton MA 02301127 Newbury Street Brockton MA 02301
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  • 8Bedrooms
  • 0.17Acreage
  • 5Bathrooms
  • 1900Year Built

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127 Newbury Street is a multifamily investment property which contains five (5) residential units comprised of three (3), 2-Bedroom/1-Bathroom units and two (2), 1-Bedroom/1-Bathroom units with 4,317 square feet of living area in 6,009 total gross square feet and is situated on a 0.17-acre parcel of land with off-street parking available to tenants. Utilities are separately metered for electricity, heat, and hot water which the tenants pay directly. The Property is situated in Downtown Brockton and is walkable to numerous dining, shopping, cultural and entertainment amenities, in addition to the Brockton MBTA Commuter Rail station which is located 0.7-miles from the property, with direct service to Boston. In-place rents are below market rates; all tenants are tenant-at-will, the opportunity exists to increase rents to market rates via lease renewals in an urban-infill, high demand/supply-constrained residential market.
Listed by Jason Kulik of Horvath & Tremblay

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Basic Information

  • Gross Income $84,600
  • Mls StatusUnder Agreement
  • Parcel Number 957146
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Location

  • Address127 Newbury Street
  • Building Number127
  • CountyPlymouth
  • StateMA
  • StreetNewbury Street
  • TownBrockton
  • Zip02301

Exterior

  • RoofShingle, Slate, Rubber

Property Information

  • Building Area Source Public Records
  • Living Area 4,317
  • Lot Size Square Feet 7,405
  • Lot Size Units Acres
  • Square Feet4,317

Tax Information

  • Tax Assessed Value $687,700
  • Tax Year 2023
  • Taxes$7,773

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms8
  • Full Bath5

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Rooms18
  • Stories9
  • Units5
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces10

Basic Information

  • List Price$900,000
  • MLS Number73193536
  • Modification Date05/19/2024
  • Property SubType5-9 Family
  • Purchase Contract Date03/02/2024
  • Sale Date03/02/2024

Property

  • Acreage0.17

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Shopping, Highway Access, Public School, T-Station
  • Other AmenitiesBasement

Other

  • Buyer Agency Compensation2
  • Date Listed01/15/2024
  • Farm Land Area Units Square Feet
Rosen Realty, Inc.
Rosen Realty, Inc.
80 Temple Street
P.O. Box 128
Whitman, MA 02382

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN and its 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.

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