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Archived over 1 year ago

$215,000

2 bd 2½ ba 966 sqft

227 W Elm St , Brockton, MA 02301

Residential Condo Off MLS

Current Rent **

N/A

Projected Rent **

$1,897

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Ryan Anderson

Property Manager
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Brockton Condo Now Available

Description: Comfortable 2 bedroom, 2.5 bath condo in Brockton with a convenient in-unit washer-dryer. The place is freshly vacant, allowing for immediate possession, or leasing. Recent updates include new carpets and a thorough cleaning. It's rental-ready or a bit of light touch-up could turn a quick profit. Property is first come, first serve.
Additional Information: This property did not successfully sell on the MLS due to a poor tenant situation. Tenants have vacated and property is ready for immediate closing before the new year.
We were able to negotiate a fair deal for most parties due to the owner already replacing bedroom carpets and professionally cleaning the occupants belongings.
This is ideal for the new investor, minimal cap ex requirements. Maximum value brought to unit by updating kitchen appliances and possibly improving kitchen layout.

Location:

227 W Elm St , Brockton, MA 02301

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.