29 Days on Boardwalk PropertiesPrice Reduced $10,000
3
18 Florence, Brockton, MA 02301
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$865,000
4 Unit
7 Beds
4 Baths
2536 SQFT
0.11 Acre

Property Description

Your next investment is here and the heavy lifting has been done. This 4-family features major capital upgrades including brand-new windows, a high-end wall-mounted boiler for whole-house efficiency, and new PEX plumbing. Two first-floor units have been updated, and the vinyl siding and roof are both are in great condition. The entire building has been deleaded and comes with letters of compliance—a crucial advantage in the rental market. With current rents exceeding $87,000 annually, you can start profiting from day one. Opportunity to purchase adjacent property for a powerful income-producing portfolio. Combine 18 Florence Street (4-family residential, NOI ~$77,840) with 14 Florence st 73451551 (10,584 SF commercial warehouse NOI ~$70,000) for a total gross income exceeding $172,000 annually. Both properties are zoned R3 and offer long-term upside with stable tenancy, recent upgrades, and flexible use potential. Ideal for investors seeking scale, location, and cash flow

Property Details tap to expand

Building Information

  • Total Units: 4
  • Total Floors: 4
  • Total Bedrooms: 7
  • Total Full Baths: 4
  • Amenities: House of Worship, Laundromat, Medical Facility, Private School, Public School, Public Transportation, Swimming Pool
  • Basement Features: Bulkhead, Full
  • Common Heating: Gas, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 87600
  • Gross Expenses: 9760
  • GSE: 2675
  • Electric Expenses: 1400
  • Water/Sewer: 2385
  • INSC: 2100
  • RFS: 1200
  • Net Operating Income: 77840

Utilities

  • Heat Zones: 4
  • Energy Features: Insulated Windows
  • Utility Connections: for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1925
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Other (See Remarks)
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73444906
  • Last Updated: 11/13/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
11/13/2025Price Change$865,000$341MLSPIN
10/21/2025Active$875,000$345MLSPIN
10/17/2025New$875,000$345MLSPIN

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Seller's Representative: Michael Mather, Tri Town Associates
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-11-13 04:56:00

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