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264 N Montello St Brockton, MA 02301
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Key Details
Sold Price $475,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 72523041
Sold Date 02/14/20
Year Built 1980
Annual Tax Amount $10,176
Tax Year 2019
Lot Size 0.420 Acres
Acres 0.42
Property Description
PRICE DROP, NOW 500K! Well cared for multipurpose building with plenty of off street parking at 13000 sf, 2,400 sf of warehouse space and 7200 sf of multi-use office space. The owners have invested approximately 100k into the office space and other areas. The second floor office space has been completely renovated; Five offices, 2 bathrooms with a shower, kitchen, ready to move in. There are 3 separate gas and electrical services, forced hot air with central ac, and three 200 amp service zones. Zone 1 first floor front, Zone 2 second floor front, zone 3 Back bldg first and second floor. The property has rental income of approximately $6700 a month. Three additional small offices could be rented for an additiional $1500 monthly. All of the current renters are willing to sign new leases with the new owner. Two tenants are the owners and will lease back for 1 year, then quarterly.
Location
State MA
County Plymouth
Zoning C2
Direction Between Elliot and E. Ashland st on North Montello St
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available, 220 Volts
Roof Type Shingle
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Bought with Alan Garvey • Colonial Properties, LLC