Sold

41 Park St, Taunton, MA

Taunton · MA 02780

$900,000
Price
16
Beds
8
Baths
5540
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 8 Units
Lot size: 0.25 Acre Lot
Price per square foot: $162 / Sq.Ft
Parking: 16 Off Street Spaces

About this home

Incredible opportunity in a thriving market of Taunton. This 8 unit property consists of 2 buildings that has strong rents and more opportunity to increase in the future - 10% CASH ON CASH from Day 1 and 7.2% cap rate! The front building offers 6 units with a mix of one, two, and three bedrooms while the rear two family offers two bedrooms each. Seller has made great updates to some units over the years. There are electrical with 9 panels (1 common panel), 6 heating systems, and 8 hot water tanks. Property offers ample parking in paved driveway for more than 10 cars with good green yard space for recreation. Other bonuses includes fully de-leaded certificates for each unit, newer roof, and a prime location to Taunton downtown and highways. Please see attached financials for reference.

Neighborhood & Transit

41 Park 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:
1651 days
Listing Price:
$900,000
Price per Sq.Ft:
$162
Tax Assessment:
$589,800 in 2022
Taxes:
$648 / Monthly

Home Facts

Interior Features

Bedrooms
16
Full Bathrooms
8
Half Bathrooms
0
Living Area
5,540 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
Unknown

Exterior Features

Lot Size
10,890 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
16 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
The Elle Group
Listing office
Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS PIN #
72971279
Disclosure
Front building experienced a fire in basement, this event predated current seller and seller before that.