About 19 Clinton Ave
Great opportunity to acquire a fully licensed, fully occupied 14-unit income property at 19 Clinton Avenue, generating $192,600 in gross annual rent and a strong 10.2% cap rate at the $1,225,000 asking price. The property is configured as four self-contained apartments (two 2-bedrooms and two 1-bedrooms) plus a ten-room rooming-house component, providing a powerful blend of stable apartments and per-room rentals for great cash flow. Whether you're an investor looking to plug an immediate $124,915 NOI into your portfolio, or a buyer looking to reposition, 19 Clinton Avenue is a turn-key opportunity in a stabilized building with real upside.
Features of 19 Clinton Ave
| MLS® # | 73532156 |
|---|---|
| Price | $1,225,000 |
| Bedrooms | 16 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 5,376 |
| Acres | 0.11 |
| Year Built | 1899 |
| Type | Residential Income |
| Sub-Type | 5+ Family - Rooming House |
| Status | Active |
Community Information
| Address | 19 Clinton Ave |
|---|---|
| City | Brockton |
| County | Plymouth |
| State | MA |
| Zip Code | 02301-4301 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Parking | Paved Drive |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 4 |
| Stories | 4 |
Exterior
| Foundation | Stone |
|---|
Additional Information
| Zoning | C2 |
|---|
Listing Details
| Agent | Dean Santangelo |
|---|---|
| Office | Coldwell Banker Realty - Waltham |