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Closed

269-271 Somerset Ave, Taunton MA 02780

$799,900

Estimated $1,936.99/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $266,633.33

Total Rent: 43200/year

Estimated CAP Rate: 4.44%

8 Bedrooms

4 Full, 1 Half Baths

4,079 SqFt

Total Parking: 7

20,037 SqFt

Updated gorgeous owner occupied 4-Family home. This home has new floors, updated kitchens, new granite countertops, updated bathrooms, new paint, and more. Plenty of off-street parking and a large fenced in yard perfect for entertaining. Close by to restaurants, shopping, and more. The first unit has an entrance from the back welcoming you into a warm and inviting well-lit sunroom. 2nd unit which has first floor access is located in the front with a large entryway that feels like a single-family living. Each unit is very spacious and brings in lots of natural sunlight and plenty of storage space. First floor units have washer and dryer hookups in the basement with ample storage space. This property is a great money marker for investors or perfect for an owner-occupied residence. Each unit is on separate utilities. 3 units are currently rented on a month-to-month lease. You won’t want to miss this one!

This home has been viewed 25 times

Last Checked: May 7th, 2024 at 2:56am (Source: MLS PIN #73072196)

Gross Income: $43,200

Gross Expenses: $7,679

Net Income Calc: $35,521

CAP Rate: 4.44%

Annual Expenses for 269-271 Somerset Ave, Taunton MA 02780

Total Gross Expenses (Calculated)$7,679/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,679.47

Annual Income & Unit Breakdown for 269-271 Somerset Ave, Taunton MA 02780

Total Gross Income (Calculated)$43,200

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none), Unit 4(none)

Unit 2

Rental Income$1,500

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none), Unit 4(none)

Unit 3

Rental Income$1,200

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(none), Unit 2(none), Unit 3(none), Unit 4(none)

General Information for 269-271 Somerset Ave, Taunton MA 02780

Listing ID73072196

Property TypeMulti Family / 4 Family

Price$799,900 ($196.1/SqFt)

Style4 Family

CityTaunton

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total4,079 SqFt

Approximate Lot Size (Acres)0.46 acres

Total Parking7

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor Space

Zoning3.31

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 269-271 Somerset Ave, Taunton MA 02780

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$43,200

Total Net Income By Broker$43,200

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2% Net%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 269-271 Somerset Ave, Taunton MA 02780

Real Estate Taxes$7,679.47

Tax Year2022

Assessed Value$637,300

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$43,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$43,200

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.44%

Location Information for 269-271 Somerset Ave, Taunton MA 02780

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesPublic School, Shopping, Park

Contact Information for 269-271 Somerset Ave, Taunton MA 02780

Agent

Name: Nicole Connell

Office

Name: RE/MAX Advantage Group, Ltd.

Phone: 401-823-1500

Team Members

Payment Calculator

, Interest

Property Taxes 639.96

Principal & Interest 4928.73

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Advantage Group, Ltd.

Nicole Connell

Agent Phone

Office Phone

(401) 823-1500

Text Agent Call Agent Call Office

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        )

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EXIT

Closed

269-271 Somerset Ave, Taunton MA 02780

$799,900

Annual Expenses for 269-271 Somerset Ave, Taunton MA 02780

Annual Income & Unit Breakdown for 269-271 Somerset Ave, Taunton MA 02780

General Information for 269-271 Somerset Ave, Taunton MA 02780

Disclosures for 269-271 Somerset Ave, Taunton MA 02780

Financial Information for 269-271 Somerset Ave, Taunton MA 02780

Location Information for 269-271 Somerset Ave, Taunton MA 02780

Contact Information for 269-271 Somerset Ave, Taunton MA 02780

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Exclusive Listing Agent

RE/MAX Advantage Group, Ltd.

Nicole Connell