248 Somerset Ave, Taunton, MA 02780

$599,000
5
BD
2
BA
1,354
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$599,000
MLS#
73572323
Status
NEW
Type
Multifamily
City
Taunton
Area
Weir Village
County
Bristol
Bedrooms
5
Bathrooms
2
Living Area
1,354
Year Built
1890

Property Description

Strong income-producing two-family located directly across from Memorial Park with major updates and long-term rental stability already in place. This property generates $4,550/month with Unit 1 leased through July 2027 and Unit 2 leased through April 2027. Recent improvements include a new heating system installed in 2022 and a new deck completed in 2024. The building offers gas heat, separate electric, off-street parking, and a rare 9-foot-ceiling basement with meaningful potential for future expansion or an additional unit. Washer/dryer hookup located in the basement. Situated in a strong rental area with convenient access to shopping, transit, and commuter routes, this turnkey asset delivers reliable cash flow with clear upside and low owner expenses. Buyer and buyer’s agent to perform all due diligence.

Additional Information

Exterior
Conventional (2x4-2x6)
Cooling
Window Unit(s)
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kobe Lomba from Listing Office: Lomba Realty Group, Inc..