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18 Florence St Brockton, MA 02301

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For Sale
$865,000

Updated four-family property with high income and recent upgrades.

Lot size:
0.11 Acres

Property Features for 18 Florence St

General Information

Lot size
0.11 Acres

Building Details

Year built
1925

Source: Tri Town Associates Agent Michael Mather

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Brockton Four-Family Investment Opportunity

This four-family property presents an investment opportunity with recent capital improvements. The building features new windows, a high-end wall-mounted boiler for whole-house efficiency, and new PEX plumbing. Two first-floor units have been updated. The vinyl siding and roof are reported to be in good condition. The entire building has been deleaded and comes with letters of compliance. The property is currently generating over $87,000 annually in rents. The property is zoned R3 and offers long-term upside with stable tenancy, recent upgrades, and flexible use potential. An adjacent property is also available for purchase, offering the potential to create a larger income-producing portfolio. The adjacent property at 14 Florence Street is a 10,584 square foot commercial warehouse. Combined, the two properties could generate a total gross income exceeding $172,000 annually.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Brockton
County
Plymouth
State
Massachusetts
Longitude
-71.0195686
Latitude
42.0720606

FAQs

What type of property is this?
Quadplex - Updated four-family property with high income and recent upgrades.
Where is this quadplex located?
The property is located at 18 Florence St Brockton, MA.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: - High annual rental income exceeding $87,000; - Major capital upgrades completed: new windows, high-end boiler, new PEX plumbing; - Deleaded with letters of compliance
More about this property
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