Property Description

807-809 N Montello Street is a three-story building well-positioned on a corner lot, 0.1-miles from the Montello MBTA Commuter Rail Station, in Brockton’s Montello neighborhood. The Property contains nine (9) 2-Bedroom/1-Bathroom units with 10,092 square feet of gross living area in 13,456 square feet of gross area, situated upon a 0.21-acre parcel and features nine (9) off-street parking spaces. Tenants are responsible for gas-fired heat & hot water, as well as separately metered electricity. The Landlord is responsible for Units 5 & 8 gas-fired heat and hot water, and providing domestic water & sewer, which they pay directly. In-place rents are below the current market rates for comparably renovated units in the market. The opportunity exists to increase rents to market rates via programmatic updates to the unit interiors and common areas, in a highly desirable, supply constrained market. Unit 3 is currently vacant.