Sober Living Group
26 South Street Brockton, MA 02301
For Sale
$839,900
8-bedroom group housing property with updated heating, full sprinkler system, and garage storage or parking.
Property Size3,053 SF
Price / SF$275.11
Days on Market130
Property Features for 26 South Street
General Information
Standard status
Active
Size
3,053 SF
Property subtype
Multi-family
Building Details
Year Built
1899
Listing Agency:
Keller Williams South Watuppa
Listed By:
The J. Pavao Team
(508) 287-2695
Source:
Demakis
Added: Mar 23
Changed: Jul 28
Last Checked: Jul 29 at 4:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams South Watuppa
Investment Insights
Based on property information with market context.
This assisted living and healthcare property is offered for sale as an operating sober living house. The home includes 8 bedrooms and is described as having the potential to accommodate up to 16 occupants, supported by a spacious layout with multiple living areas designed for shared living. The property also features an updated heating system for improved efficiency and comfort, along with a garage for added storage or parking options. A full sprinkler system is in place, and the property is inspected by the city yearly.
The address is 26 South Street in Brockton. The seller notes convenient access to local amenities, public transportation, and major routes, and advises buyers to perform due diligence regarding intended use and occupancy.
The address is 26 South Street in Brockton. The seller notes convenient access to local amenities, public transportation, and major routes, and advises buyers to perform due diligence regarding intended use and occupancy.
Key Highlights
- 8‑bedroom sober living/group housing property built in 1899
- Designed to accommodate up to 16 occupants
- Updated heating system for improved efficiency and comfort
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.4k | $29.28 |
| − Vacancy | −$4.6k | −$1.52 |
| EGI | $84.7k | $27.76 |
| − OpEx | −$38.1k | −$12.49 |
| NOI | $46.6k | $15.27 |
3,053 SF · lease $29.28/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$665.8K
$582.6K – $776.8K
NOI $46,609 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,643 @ 7.0% cap · market cap 12.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Assisted living facility - 8-bedroom group housing property with updated heating, full sprinkler system, and garage storage or parking.
Where is this assisted living facility located?
The property is located at 26 South Street Brockton, MA.
What is the asking price?
The asking price for this property is $839,900.
What are key features of this property?
This property features: 8‑bedroom sober living/group housing property built in 1899; Designed to accommodate up to 16 occupants; Updated heating system for improved efficiency and comfort
