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Closed

631 Somerset Ave, Taunton MA 02780

$499,000

Estimated $1,216.05/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $166,333.33

Total Rent: 0/year

Estimated CAP Rate: -0.98%

5 Bedrooms

3 Full Baths

2,474 SqFt

Total Parking: 10

26,136 SqFt

Great 3 family in a quiet neighborhood. All of the units are vacant and ready for your tenants to move in. New laminate flooring through out all of the units. All of the windows are new. The roof is about five years old and you have a maintenance free, vinyl sided building. All units will come with a stove and refrigerator. Units have just been freshly painted. All of the light fixtures are new as well. One set of coin-op washer and dryer to go with the house. Each unit is individually metered along with a house meter. All appliances will be delivered with the sale of the property in as is, as seen condition. Loads of off street parking with this property so the landlord can make additional income from the parking. Nothing to do but rent the apartments and start making money. Don't let this gem pass you by. Contact me today for a showing. Will pass FHA financing.

This home has been viewed 29 times

Last Checked: May 7th, 2024 at 3:36am (Source: MLS PIN #73040666)

Gross Income: $0

Gross Expenses: $4,883

Net Income Calc: $4,883

CAP Rate: -0.98%

Annual Expenses for 631 Somerset Ave, Taunton MA 02780

Total Gross Expenses (Calculated)$4,883/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,883

Annual Income & Unit Breakdown for 631 Somerset Ave, Taunton MA 02780

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water)

General Information for 631 Somerset Ave, Taunton MA 02780

Listing ID73040666

Property TypeMulti Family / 3 Family

Price$499,000 ($201.7/SqFt)

Style3 Family

CityTaunton

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total2,474 SqFt

Approximate Lot Size (Acres)0.6 acres

Total Parking10

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningURBRES

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 631 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$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 631 Somerset Ave, Taunton MA 02780

Real Estate Taxes$4,883

Tax Year2022

Assessed Value$370,500

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.98%

Location Information for 631 Somerset Ave, Taunton MA 02780

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Medical Facility, Laundromat

Contact Information for 631 Somerset Ave, Taunton MA 02780

Agent

Name: Manuel Casimiro

Office

Name: Majestic Real Estate

Phone: 774-357-5302

Payment Calculator

, Interest

Property Taxes 406.92

Principal & Interest 3074.68

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Majestic Real Estate

Manuel Casimiro

Agent Phone

Office Phone

(774) 357-5302

Text Agent Call Agent Call Office

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EXIT

Closed

631 Somerset Ave, Taunton MA 02780

$499,000

Annual Expenses for 631 Somerset Ave, Taunton MA 02780

Annual Income & Unit Breakdown for 631 Somerset Ave, Taunton MA 02780

General Information for 631 Somerset Ave, Taunton MA 02780

Disclosures for 631 Somerset Ave, Taunton MA 02780

Financial Information for 631 Somerset Ave, Taunton MA 02780

Location Information for 631 Somerset Ave, Taunton MA 02780

Contact Information for 631 Somerset Ave, Taunton MA 02780

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Majestic Real Estate

Manuel Casimiro