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.