Fantastic investment opportunity in Taunton, just one mile from the Dighton town line! This well-maintained multifamily features high ceilings, natural gas, and many updates. The first floor offers vinyl flooring (2022), newer fridge and microwave (2023), and a hot water heater (2017). The second floor boasts luxury vinyl flooring throughout (2023) and a newer water heater (2023). Third floor includes a 2016 water heater. Roof is approx. 14 years old. Enjoy a spacious backyard and coin-operated laundry in the basement. Tenants are willing to stay if the buyer chooses. Don’t miss this solid income-producing property!
This home has been viewed 4 times
Last Checked: June 16th, 2025 at 4:03pm (Source: MLS PIN #73381911)
Gross Income: $57,600
Gross Expenses: $5,457
Net Income Calc: $52,143
CAP Rate: 8.02%
Annual Expenses for 1438 Somerset Ave, Taunton MA 02780
Total Gross Expenses (Calculated)$5,457/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$5,457
Annual Income & Unit Breakdown for 1438 Somerset Ave, Taunton MA 02780
Total Gross Income (Calculated)$57,600
Unit 1
Rental Income$1,800
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(electric), Unit 3(electric)
Unit 2
Rental Income$1,600
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(electric), Unit 3(electric)
Unit 3
Rental Income$1,400
LeaseN
Bedrooms1
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(electric), Unit 3(electric)
General Information for 1438 Somerset Ave, Taunton MA 02780
Listing ID73381911
Property TypeMulti Family / 3 Family
Price$650,000 ($309.52/SqFt)
Style3 Family - 3 Units Up/down
CityTaunton
CountyBristol
MLS Area
Neighborhood(s)
Approximate Living Area Total2,100 SqFt
Approximate Lot Size (Acres)0.28 acres
Total Parking6
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter,Irregular
Accessible Features
Outdoor SpacePorch
ZoningSUBRES
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 1438 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$61,200
Total Net Income By Broker$61,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 1438 Somerset Ave, Taunton MA 02780
Real Estate Taxes$5,457
Tax Year2025
Assessed Value$498,800
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$61,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$61,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)8.02%
Location Information for 1438 Somerset Ave, Taunton MA 02780
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation
Contact Information for 1438 Somerset Ave, Taunton MA 02780