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About this home
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.
Property Overview
Sale Statistics
This property sold exactly at the asking price.
With only 10 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Home Facts
Interior
Exterior
Parking
Utilities
Financial
Location
Neighborhood
285 W Elm St, Brockton MA 02301
Brockton, MA 02301
Walkability
Schools
School information not available
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Feb 28, 2025Listed for Sale
Nov 15, 2024Date | Event | Price | Change | $/sqft | Details |
---|---|---|---|---|---|
02/28/2025 | ✓ Sold | $1,050,000 | - | - | Property sold |
11/15/2024 | 🏠 Listed for Sale | $1,050,000 | - | - | Original listing |