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Closed

7 Columbus Ave, Taunton MA 02780

$675,000

Estimated $1,539.93/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $225,000

Total Rent: 39300/year

Estimated CAP Rate: 5.03%

8 Bedrooms

3 Full Baths

2,933 SqFt

Total Parking: 6

8,276 SqFt

Taunton Investment Opportunity! This oversized 3 family offers great potential for any investor to get into the market with all the heavy lifting done. The units are all fully rented with long term tenants. Unit layouts on 1st and 2nd floor are identical with 3 bedrooms each and 1 full bath on each floor. The 3rd floor offers 2 bedrooms and 1 full bathroom. All the utilities are separately metered with updated panels, heating systems, plumbing and interior finishes. All the units boast great size, large bedrooms, open kitchens with ample counter space and spacious tiled bathrooms with tiled shower surrounds. Outside all the tenants enjoy a small yard for low maintenance and plenty of off street parking. It isn't every day you have units this clean and large hit the market in the city, hop on this opportunity before its gone!

This home has been viewed 54 times

Last Checked: May 7th, 2024 at 7:31am (Source: MLS PIN #73105479)

Gross Income: $39,300

Gross Expenses: $5,345

Net Income Calc: $33,955

CAP Rate: 5.03%

Annual Expenses for 7 Columbus Ave, Taunton MA 02780

Total Gross Expenses (Calculated)$5,345/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,345

Annual Income & Unit Breakdown for 7 Columbus Ave, Taunton MA 02780

Total Gross Income (Calculated)$39,300

Unit 1

Rental Income$1,100

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

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

Unit 2

Rental Income$1,125

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

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

Unit 3

Rental Income$1,050

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

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

General Information for 7 Columbus Ave, Taunton MA 02780

Listing ID73105479

Property TypeMulti Family / 3 Family

Price$675,000 ($230.14/SqFt)

Style3 Family

CityTaunton

CountyBristol

MLS Area

Neighborhood(s)

Approximate Living Area Total2,933 SqFt

Approximate Lot Size (Acres)0.19 acres

Total Parking6

Garage Parking

Year Built1895

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame, Conventional (2x4-2x6)

Lot FeaturesLevel, Cleared

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningURBRES

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 7 Columbus Ave, Taunton MA 02780

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceNot Available

Total Gross Expenses By Broker$0

Total Gross Income By Broker$39,300

Total Net Income By Broker$39,300

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 7 Columbus Ave, Taunton MA 02780

Real Estate Taxes$5,345

Tax Year2023

Assessed Value$443,600

Financial Data SourceNot Available

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$39,300

BostonRealEstate.com Gross Income

Total Net Income By Broker$39,300

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.03%

Location Information for 7 Columbus Ave, Taunton MA 02780

Elementary School

Middle School

High SchoolThs

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Medical Facility, Laundromat, Public Transportation

Contact Information for 7 Columbus Ave, Taunton MA 02780

Agent

Name: Matthew Andrade

Office

Name: Equity Management Realty, LLC

Phone: 508-880-8959

Payment Calculator

, Interest

Property Taxes 445.42

Principal & Interest 4159.14

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Equity Management Realty, LLC

Matthew Andrade

Agent Phone

Office Phone

(508) 880-8959

Text Agent Call Agent Call Office

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[year_built] => 1895
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EXIT

Closed

7 Columbus Ave, Taunton MA 02780

$675,000

Annual Expenses for 7 Columbus Ave, Taunton MA 02780

Annual Income & Unit Breakdown for 7 Columbus Ave, Taunton MA 02780

General Information for 7 Columbus Ave, Taunton MA 02780

Disclosures for 7 Columbus Ave, Taunton MA 02780

Financial Information for 7 Columbus Ave, Taunton MA 02780

Location Information for 7 Columbus Ave, Taunton MA 02780

Contact Information for 7 Columbus Ave, Taunton MA 02780

Agent

Office

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Exclusive Listing Agent

Equity Management Realty, LLC

Matthew Andrade