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15-17 Central St, Brookfield MA 01506

Brookfield, MA 01506
$499,900
$425,000
Est. $2,690/month
10
Beds
5
Baths
6,196
Sq Ft
$69
Price/Sq Ft
0.23
Acres
1880
Year Built
6
Parking
86
Days on Market
Active Price Drop -$74,900 Listed Apr 14, 2026 • MLS# 73501301 Copied! • Updated Jun 19, 2026

About this home

Rare Investment Opportunity! Two income-producing properties being sold together at 15 & 17 Central St in Brookfield. 15 Central is a 2-family with two 2-bedroom units, and 17 Central is a 3-unit with all 2-bedroom apartments. Both share a passing Title V system. All units have long term tenant at will, rents are approx 50% of current market rents. Features include town water, on-site laundry, and a location in the Tantasqua School District. Convenient commuter access to Routes 9, 20, I-84, and the Mass Pike. Strong income now with future upside, perfect for investors looking to grow their portfolio!

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Recently Sold Nearby

Property History

Market Insights

2
Price Changes
15%
Price Range

Property Timeline

Price Reduced
Jun 15, 2026
$425,000 $25,000 (-5.56%)
From $450,000 to $425,000 (-5.6%)
Back On Market
Jun 11, 2026
Active
📋
Status: Active under contract
Jun 4, 2026
Active → Active Under Contract
Pending Sale
Jun 3, 2026
Offer accepted, sale pending
Price Reduced
May 15, 2026
$450,000 $49,900 (-9.98%)
From $499,900 to $450,000 (-10.0%)
🏠
Listed for Sale
Apr 14, 2026
$499,900
Original listing
Agent: Michelle Terry Team Office: eXp Realty

Tax History

Year Taxes Assessment
2025 $4,093 $264,400

Financial Details

Annual Property Tax
$4,093
Tax Year 2025
Assessed Value
$264,400

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1880
Living Area 6,196 sq ft
Lot Size 0.23 acres
Bedrooms 10
Full Baths 5
Total Rooms 21

Investment Metrics

Units 5
Unit 1 Rent $750/mo · N
Unit 2 Rent $815/mo · N
Unit 3 Rent $740/mo · N
Unit 4 Rent $870/mo
Total Monthly Rent $3,175/mo
Gross Income $39,399
Net Operating Income $42,000
Operating Expenses $43,899
Cap Rate 9.88%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 6
Electric Circuit Breakers
Water Public
Sewer Private Sewer
Gas None
Other None

Financial

Annual Tax $4,093
Assessed Value $264,400
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Lead Treatment Paperwork On-file.
Possession None
Accepted Financing Other (see Remarks)
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures approx per public records
Documents None
County Worcester
Total market time (incl. prior listings) 60 days

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1880
Bedrooms
10
Full Bathrooms
5
Living Area
6,196 sq ft
Total Rooms
21
Stories
5
Levels
5

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $341
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

15-17 Central St, Brookfield MA 01506

Brookfield, MA 01506

Listing Information

Listing Agent Michelle Terry Team
Listing Office eXp Realty LLC
Office Phone 888-854-7493
Agent MLS ID TM326908
Office MLS ID AN8940
Listing Data Updated Jun 19, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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