Terrific opportunity to own a two family home in Taunton. Live in one unit and collect rent from the other! This well maintained home is located in the Whittenton neighborhood and minutes to everything! The first floor unit has a tenant in place that is in a lease until Nov 2023. The second floor unit has been updated with all new flooring, kitchen countertops, appliances, electric baseboards, freshly painted and new bath, ready for you or tenant occupancy . Both units offer two bedrooms, one full bath, eat-in kitchen and living room. The basement is clean & offers extra space for storage. Updates include a new gas furnace for first floor unit heat & stove, new bulkhead, newer roof & replacement windows freshly painted exterior and common areas. Convenient to area amenities including; retail, public transportation and restaurants. Pictures shown are of the second floor unit.
This home has been viewed 47 times
Last Checked: May 7th, 2024 at 4:01am (Source: MLS PIN #73095118)
Gross Income: $18,000
Gross Expenses: $3,654
Net Income Calc: $14,346
CAP Rate: 3.12%
Annual Expenses for 9 Lawrence St, Taunton MA 02780
Total Gross Expenses (Calculated)$3,654/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance$267
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,387
Annual Income & Unit Breakdown for 9 Lawrence St, Taunton MA 02780
Total Gross Income (Calculated)$18,000
Unit 1
Rental Income$1,500
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 9 Lawrence St, Taunton MA 02780
Listing ID73095118
Property TypeMulti Family / 2 Family
Price$459,900 ($367.63/SqFt)
Style2 Family - 2 Units Up/down
CityTaunton
CountyBristol
MLS AreaWhittenton
Neighborhood(s)
Approximate Living Area Total1,251 SqFt
Approximate Lot Size (Acres)0.18 acres
Total Parking3
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningURBRES
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 9 Lawrence St, Taunton MA 02780
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$267
Total Gross Income By Broker$18,000
Total Net Income By Broker$17,733
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 9 Lawrence St, Taunton MA 02780
Real Estate Taxes$3,387
Tax Year2023
Assessed Value$281,100
Financial Data SourceOwner
Total Gross Expenses By Broker$267
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$18,000
BostonRealEstate.com Gross Income
Total Net Income By Broker$17,733
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)3.12%
Location Information for 9 Lawrence St, Taunton MA 02780
Elementary School
Middle School
High School
Neighborhood(s)
MLS AreaWhittenton
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation
Contact Information for 9 Lawrence St, Taunton MA 02780