127 Newbury Street is a multifamily investment property which contains five (5) residential units comprised of three (3), 2-Bedroom/1-Bathroom units and two (2), 1-Bedroom/1-Bathroom units with 4,317 square feet of living area in 6,009 total gross square feet and is situated on a 0.17-acre parcel of land with off-street parking available to tenants. Utilities are separately metered for electricity, heat, and hot water which the tenants pay directly. The Property is situated in Downtown Brockton and is walkable to numerous dining, shopping, cultural and entertainment amenities, in addition to the Brockton MBTA Commuter Rail station which is located 0.7-miles from the property, with direct service to Boston. In-place rents are below market rates; all tenants are tenant-at-will, the opportunity exists to increase rents to market rates via lease renewals in an urban-infill, high demand/supply-constrained residential market.
2 months ago | Listing updated with changes from the MLS® | |
2 months ago | Listing first seen online |
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