Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Canceled

248 Somerset Ave, Taunton MA 02780

$574,900

Estimated $1,331/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $287,450

Total Rent: 57000/year

Estimated CAP Rate:

5 Bedrooms

Baths

1354

Total Parking: 4

5,663 (0.13)

This home is the perfect opportunity for an owner-occupant looking to offset their mortgage while building long-term equity. Close to all amenities and directly across from a park, this well-maintained 2-family offers both convenience and strong income potential.The property features 5 bedrooms and 2 full bathrooms. Unit 1 is currently vacant and was recently rented for $2,500/month, making it ideal for an owner to move right in or secure a new tenant at market rent. Unit 2 is leased through April 2027, generating $2,250/month for half the year and $2,100/month for the remaining months, providing stable, long-term income.Recent updates include a newly renovated deck (2024) and a new furnace (2022). The basement offers 9 feet ceilings, making it perfect for storage or potential future living space expansion.Whether you’re looking to live in one unit and rent the other or just add to your real estate portfolio, this is a rare opportunity in a sought after area and priced to sell!

This home has been viewed 6 times

Last Checked: June 16th, 2026 at 4:29am (Source: MLS PIN #73493742)

Gross Income: $57,000

Gross Expenses: $4,786

Net Income Calc: $52,214

Water Views

Annual Expenses for 248 Somerset Ave, Taunton MA 02780

Total Gross Expenses (Calculated)$4,786/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax4786

Annual Income & Unit Breakdown for 248 Somerset Ave, Taunton MA 02780

Total Gross Income (Calculated)$57,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 248 Somerset Ave, Taunton MA 02780

Listing ID73493742

Property TypeMulti Family

Price574900 ($424.59/SqFt)

StyleMulti Family

CityTaunton

CountyBristol

Neighborhood(s)

Approximate Living Area Total1354

Approximate Lot Size (Acres)0.13

Total Parking4

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningURBRES

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 248 Somerset Ave, Taunton MA 02780

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Property

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 248 Somerset Ave, Taunton MA 02780

Real Estate Taxes4786

Tax Year2025

Assessed Value$437,500

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 248 Somerset Ave, Taunton MA 02780

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 248 Somerset Ave, Taunton MA 02780

Agent

Name: Rachel Lomba

Office

Name: Lomba Realty Group, Inc.

Phone: 617-981-2149

Payment Calculator

, Interest

Property Taxes 398.83

Principal & Interest 3542.35

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lomba Realty Group, Inc.

Rachel Lomba

Agent Phone

Office Phone

(617) 981-2149

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.13 acres (5,663 SqFt)
    [add_date] => 2026-03-31 09:03:31
    [address] => Somerset Ave
    [agent] => Array
        (
            [address] => 4b Skyline Drive, Unit 7
            [city] => Braintree
            [id] => BB809867
            [name] => Rachel Lomba
            [national_association] => 449587441
            [office] => AN2336
            [state] => MA
            [zip] => 02184
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 1354
    [approx_lot_size_acres] => 0.13
    [approx_lot_size_sqft] => 5663
    [assessed_value] => $437,500
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 5
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Taunton
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => Array
        (
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Bristol
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => This home is the perfect opportunity for an owner-occupant looking to offset their mortgage while building long-term equity. Close to all amenities and directly across from a park, this well-maintained 2-family offers both convenience and strong income potential.The property features 5 bedrooms and 2 full bathrooms. Unit 1 is currently vacant and was recently rented for $2,500/month, making it ideal for an owner to move right in or secure a new tenant at market rent. Unit 2 is leased through April 2027, generating $2,250/month for half the year and $2,100/month for the remaining months, providing stable, long-term income.Recent updates include a newly renovated deck (2024) and a new furnace (2022). The basement offers 9 feet ceilings, making it perfect for storage or potential future living space expansion.Whether you’re looking to live in one unit and rent the other or just add to your real estate portfolio, this is a rare opportunity in a sought after area and priced to sell!
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Personal Property
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => 0
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2026-06-16 04:29:27
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
            [0] => None
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 2
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73493742
    [neighborhoods] => 
    [net_income_calc] => 52214
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 2
    [office] => Array
        (
            [id] => AN2336
            [name] => Lomba Realty Group, Inc.
            [phone] => 617-981-2149
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
            [0] => Covered
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 574900
    [price_per_sqft] => 424.59
    [price_per_unit] => 287450
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => Multi Family
        )

[real_estate_tax] => 4786
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 9
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Canceled
        )

[street_number] => 248
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 1
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 1
    [tax_year] => 2025
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 4786
    [total_gross_income] => 57000
    [total_parking] => 4
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 3
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 2
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => Y
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 248 Somerset Ave, Taunton MA 02780
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
            [0] => No
        )

[water_views_features] => Array
        (
        )

[waterfront] => 0
    [waterfront_features] => Array
        (
        )

[raw] => 
)

EXIT

24 More Photos