Profitable 3 family with tons of parking and a big yard! This multifamily has been well maintained. Featuring updated flooring and nice kitchens! This multifamily is move in ready and has guaranteed rents with section 8. Great for an owner occupant. Rents are below market value so its all upside. Build equity and make money at the same time. Washer & Dryer coin op included! First floor willl be delivered vacant! Highest & best due Tuesday 5pm 5/9
This home has been viewed 36 times
Last Checked: May 7th, 2024 at 6:45am (Source: MLS PIN #73099658)
Gross Income: $37,500
Gross Expenses: $5,583
Net Income Calc: $31,917
CAP Rate: 6.52%
Annual Expenses for 42 Park St, Taunton MA 02780
Total Gross Expenses (Calculated)$5,583/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,583
Annual Income & Unit Breakdown for 42 Park St, Taunton MA 02780
Total Gross Income (Calculated)$37,500
Unit 1
Rental Income$1,275
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$975
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$875
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 42 Park St, Taunton MA 02780
Listing ID73099658
Property TypeMulti Family / 3 Family
Price$489,900 ($189/SqFt)
Style3 Family
CityTaunton
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total2,592 SqFt
Approximate Lot Size (Acres)0.12 acres
Total Parking10
Garage Parking
Year Built1850
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCleared
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningURBRES
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 42 Park St, 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$38,500
Total Net Income By Broker$38,500
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 42 Park St, Taunton MA 02780
Real Estate Taxes$5,583
Tax Year2023
Assessed Value$463,300
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$38,500
BostonRealEstate.com Gross Income
Total Net Income By Broker$38,500
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)6.52%
Location Information for 42 Park St, Taunton MA 02780
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 42 Park St, Taunton MA 02780