162 Warren Avenue is a fully licensed 36-room lodging house in the heart of Brockton, including 2 one-bedroom apartments and 1 studio. This three-story, 12,432 SFbuilding generates $403,476 in gross annual income from diversified sources including room rents, laundry, vending, ATM, and storage. With operating expenses of$186,280, the property produces a net operating income of $217,196, delivering a 8.69 % cap rate at the $2,500,000 asking price. Situated on a 0.17-acre parcel zoned C2Commercial, the property offers both stable cash flow and long-term redevelopment potential. The building is fully functional with consistent occupancy. Its primelocation places it near downtown Brockton, the MBTA Commuter Rail, and Vincentes Supermarket, offering investors a rare chance to acquire a stabilized incomeproducing asset with future upside.
| Units | 36 |
| Living area | 12,432 sqft |
| Lot size | 7,222 sqft |
| Year built | 1890 |
| Price / sqft | $201 |
| County | Plymouth |
| MLS # | 73513906 |
| Days on market | 6 days |
| Listed on | May 4, 2026 |
| Annual property tax | $17,596 |
| Tax year | 2025 |
| Assessed value | $1,453,000 |
| Zoning | C2 |
| Gross income (actual) | $403,476/yr |
| Net operating income (actual) | $206,618/yr |
| Total actual rent | $32,000/mo |
| Electric expense | $28,400/yr |
| Insurance expense | $29,357/yr |
| Stories | 3 |
| Total rooms | 54 |
| Lot size | 0.17 acres |
| Garage spaces | 0 |
| Parking spaces | 3 |
| Parking | Paved Drive, Off Street, Paved |
| Basement | Unfinished |
| Foundation | Concrete Perimeter |
| Sewer | Public Sewer |
| Water | Public |
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Listing courtesy of eXp Realty — Bascom Group. Listing data © MLS PIN.
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It is a 36-unit multi-family property with 12,432 sqft of living area, built in 1890.
162 Warren Ave, Brockton MA 02301 has been listed for 6 days (since May 4, 2026).
Based on area median rents, the estimated cap rate is about 21.3%, with a Signal Score of 99/100. These are directional estimates, not an appraisal.
At a list price of $2,500,000 across 36 units, that works out to roughly $69,444 per unit.
Annual property taxes are $17,596 (2025), on an assessed value of $1,453,000.
At $2,500,000 for 12,432 sqft, that's about $201 per square foot.
3 total parking spaces (paved drive, off street, paved).
162 Warren Ave, Brockton MA 02301 is in Brockton, Plymouth County, MA 02301.