Sold
22 Cedar St, Taunton, MA
Taunton · MA 02780
- $845,000
- Price
- 13
- Beds
- 5
- Baths
- 5458
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
5 Units
Lot size:
6,534 Sq.Ft Lot
Price per square foot:
$155 / Sq.Ft
Parking:
5 Off Street Spaces
About this home
PROFITABLE income property with potential for greater income by bringing the rents up to market rate. Building will be fully rented and cash flowing. Low to no yard maintenance provides a cost savings. Five of the five units are TAW leaving room for increased revenue. Eight (8) SECURITY cameras on site with DVR stored in utility room in secured basement. Great down town neighborhood is currently being revitalized by Taunton's Business Improvement District initiative adding value to the area at no cost to you. rubber roof 2009, Area in Basement for coin-op laundry (current machines to convey with property and are non functioning). Average annual gross income is $96,000, Vacancy allowance of 6% ($5,760) with a current NOI of $74,900 and a cap rate of 8.86%, Building has Full Letter of Lead compliance and will be attached to MLS. New windows, New vinyl exterior, new doors (interior and exterior) installed in 2019, Five new direct vent / High efficiency combo systems 2020
Neighborhood & Transit
22 Cedar St, Taunton · MA 02780
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 1467 days
- Listing Price:
- $845,000
- Price per Sq.Ft:
- $155
- Tax Assessment:
- $550,300 in 2022
- Taxes:
- $604 / Monthly
Home Facts
Interior Features
- Bedrooms
- 13
- Full Bathrooms
- 5
- Half Bathrooms
- 0
- Living Area
- 5,458 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- Certified Treated
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers, 100 Amps
Exterior Features
- Lot Size
- 6,534 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 5 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Tony Melo
- Listing office
- Trident Realty Group
- MLS PIN #
- 72993041
- Disclosure
- As-is sale, inspection for informational purposes only with a yes or no on day of inspection. Unit #1 is vacant and model units which can be seen on Monday, Wednesday and Friday at 5pm. If your clients like the model units you can make an offer contingent on viewing the rest at inspection.