Active real-estate-and-business ready-to-open

34 South Street

Price
$1,255,000.00
Listing Tags
turnkey
Beds
36
Size
6119 sqft
Type
Single Family
34 South Street

Overview

A rare opportunity to acquire a massive furnished mansion in the heart of Brockton, Massachusetts, ideally suited for an owner-operator seeking a large recovery housing asset with substantial bed capacity. With 36 total beds, over 6,100 square feet, and furniture included, this single-family property offers a strong foundation for a buyer seeking to operate, stabilize, or expand a mission-aligned sober living home in a central urban market.

Lease and Income Structure

34 South Street, Brockton, MA 02301 is a large single-family property located in the heart of Brockton, Massachusetts. The property is offered for sale at an asking price of $1,275,000 and presents a significant opportunity for a recovery housing owner-operator.

The building contains approximately 6,119 square feet and is configured with 36 total recovery housing beds, including 5 private beds and 31 shared beds. Its size, layout, and existing furnishings make it especially well suited for a buyer seeking a large residential property capable of supporting a substantial sober living operation.

The property is described as a massive mansion and is being offered with furniture included, reducing the immediate setup burden for a buyer and supporting a more efficient transition into continued or future use as recovery housing.

Recovery Housing Opportunity

This property is particularly well positioned for an owner-operator. Unlike a smaller residential asset or a property requiring a full furnishing plan, 34 South Street offers substantial scale, existing bed capacity, and included furniture, making it a practical candidate for a buyer who intends to directly operate the home.

With 36 total beds, the property offers meaningful operating capacity in a single location. The mix of private and shared beds provides flexibility for resident placement, pricing strategy, and house management. For an experienced recovery housing operator, the property may support a strong operating model if paired with proper staffing, certification, compliance, and resident support systems.

Location and Market Context

Brockton is one of the larger cities in southeastern Massachusetts and serves as a regional hub with access to transportation, employment, healthcare, treatment providers, public services, and community resources. The property’s central location supports its use as recovery housing by placing residents near the practical services and recovery-supportive infrastructure that can be important for long-term stability.

The home’s mansion-style character and large physical footprint distinguish it from typical single-family housing stock. For a buyer seeking a prominent and high-capacity recovery housing property, the location and building scale may be key strengths.

Furnished Acquisition

The property is offered with furniture included. This may be a meaningful advantage for a recovery housing buyer because furniture, fixtures, beds, mattresses, common area furnishings, and related setup costs can be a significant part of opening or transitioning a sober living home.

A furnished acquisition may allow the buyer to focus diligence on property condition, compliance, operations, certification requirements, and staffing rather than beginning with a full furnishing and setup process.

Key Property Details

  • Address: 34 South Street, Brockton, MA 02301
  • Asking Price: $1,275,000
  • Property Type: Single-family residence
  • Building Size: Approximately 6,119 sq. ft.
  • Total Beds: 36
  • Private Beds: 5
  • Shared Beds: 31
  • Current/Future Use: Recovery housing opportunity
  • Furniture: Included
  • City: Brockton
  • State: Massachusetts
  • Buyer Profile: Best suited for an owner-operator
  • Investment Profile: Large-scale recovery housing acquisition opportunity

Buyer Fit

This property may be well suited for an experienced recovery housing operator, nonprofit housing provider, mission-oriented owner-operator, or sober living organization seeking a large furnished asset in Massachusetts.

The opportunity is especially relevant for a buyer who wants to control both the real estate and the operations. Because of the property’s size and 36-bed capacity, it may be less suited for a passive investor unless paired with a qualified operator. A hands-on owner-operator may be best positioned to capture the property’s full potential through strong management, compliance oversight, resident support, and operational discipline.

Property Financials
Bed Data
Private Beds 5
Shared Beds 31
Total Beds 36
Vacancy Rate (estimated) 20%
House Mentors 2
Revenue-Producing Beds 26.80
Weekly Rent $180.00
Intake Fee $200.00
Revenue (Annual)
Total Potential Rent Income $336,960.00
Less: Vacancy & Loss $67,392.00
Less: Mentor Rent Credit $18,720.00
Plus: Intake Fee Revenue $11,520.00
Plus: Laundry Service Revenue $5,990.00
Total Revenue $268,358.00
Expenses (Annual)
Operating Expenses $38,075.00
Property Taxes $9,386.00
Property Insurance $4,150.00
Operator Compensation $24,000.00
Total Expenses $75,611.00
Net Income
Net Operating Income $192,747.00
Valuation
Capitalization Rate 10%
Value on Cap Rate $1,927,470.00