285 W Elm Street consists of a three-story building containing seven (7) residential units comprised of five (5), 1-Bedroom/1-Bathroom units, one (1), 2-Bedroom/1 Bathroom units, and one (1) 3-Bedroom/1-Bathroom unit with 4,839 square feet of living area in 6,874 total gross square feet. The property features six (6) on-site parking spaces available for tenants on a 0.16-acre corner parcel of land. All units are separately metered for electricity, and gas-fired heat, and all units except for 3 and 6 are responsible for hot water, which the tenants pay directly. The Landlord is responsible for common area electric, hot water for units 3 and 6, and domestic water and sewer. All tenants are tenant-at-will, with one (1) unit currently vacant. In-place rents are significantly below the current market rates; the opportunity exists to increase income via programmatic updates to the unrenovated units, common areas and exteriors to drive rental rates.
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Last Updated: November 20th, 2024 at 7:18am
Walk/jog Trails
Conservation Area
Highway Access
House Of Worship
Shopping
Golf
Park
Medical Facility
Bike Path
Public Transportation
T-station
Tennis Court(s)
General Information for 285 W Elm St, Brockton, Massachusetts 02301
Property TypeResidential Income
Property Sub TypeMulti Family
Price$1,050,000
Price per sqft$216.99
MLS #73312962
Handicap Access / FeaturesNo
List Date2024-11-15
Special Listing Conditions
StateMassachusetts
Street NameW Elm St
CityBrockton
Zip Code02301
CountyPlymouth
MLS Status
Covered Parking Spaces0
Heating Y/NYes
Heating System
Heat Zones
Sold Date
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total4839
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress285 W Elm St, Brockton MA 02301
Zoning
Interior Features for 285 W Elm St, Brockton, Massachusetts 02301
* Approx. Living Area Total4,839 sq ft
Living Area Includes BasementNo
Bedrooms10
* # Fireplaces0
Bathrooms (Total)7
Full Baths7
* # Half Baths0
* # Rooms
Basement
Heating System
Appliances
Electric
Living Area Disclosure
Living Area Includes BasementNo
Door Features
ElectricNo
Electric$0
MLS Area (Major)
MLSPIN_BEDRMS_12
MLSPIN_BEDRMS_23
MLSPIN_BEDRMS_31
MLSPIN_BEDRMS_41
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_31
MLSPIN_F_BTHS_41
MLSPIN_GRE$30,494
MLSPIN_HTE$0
MLSPIN_H_BTHS_10
MLSPIN_H_BTHS_20
MLSPIN_H_BTHS_3 0
MLSPIN_H_BTHS_40
OffMarketDate
Exterior Features for 285 W Elm St, Brockton, Massachusetts 02301
* Approximate Lot Size0.16 acres
Covered Parking Spaces0
Lot FeaturesCorner Lot
* Parking Spaces6
* Sewer Utilities
* Water Utilities
* Year Built1900
Year Built Details
Year Built SourcePublic Records
Construction MaterialsFrame
Exterior Features
Foundation Area
Foundation MaterialsStone
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)6,969 Sqft
Disclosures for 285 W Elm St, Brockton, Massachusetts 02301
Buyer Agent Compensation2
Contingency
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ONNet Sale Price
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintCertified Treated
Living Area Disclosure
Living Area Includes BasementNo
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType%
Financial Information for 285 W Elm St, Brockton, Massachusetts 02301
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$99,900
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_11
MLSPIN_LEVELS_21
MLSPIN_LEVELS_31
MLSPIN_LEVELS_41
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT11200
MLSPIN_RENT21700
MLSPIN_RENT3975
MLSPIN_RENT4950
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$69,406
OperatingExpense$30,494
OriginalListPrice$1,050,000
RENT_FEE_INCLUDESHot Water), Unit 1(water), Unit 2(water), Unit 3(water, Unit 4(water)
TOTAL_RENT8325
WaterSewerExpense$0
Lifestyle Information for 285 W Elm St, Brockton, Massachusetts 02301
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features
Location information for 285 W Elm St, Brockton, Massachusetts 02301
Elementary School
Middle School
High School
NumberOfUnitsTotal7
Marketing History for 285 W Elm St, Brockton, Massachusetts 02301
MLSPIN_MARKET_TIME_BROKER4
MLSPIN_MARKET_TIME_PROPERTY4
PurchaseContractDate
Agent Information for 285 W Elm St, Brockton, Massachusetts 02301