NOT LISTED FOR SALE
8 Beds
5 Baths
4,166 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: December 31, 2024

Last sale price $625,000 $150 Per Sq Ft

1 Day on Market

Highlights

  • Medical Services
  • Plywood Flooring
  • Shops
  • Property is near public transit and schools
  • Storage
  • Combination Dining and Living Room

About This Home

As of December 2024

Have you been looking for a Great Value? Amazing Opportunity to own this profitable 8 Bedroom 5 Family with one car garage located in downtown Taunton. This property is part of three properties being sold individually or as a potential package deal. This affordable multi-family is heated by gas, offers city water, sewer, and TMLP for electric. Plenty of off-street parking and a one car garage which could be used for storage or additional revenue. This would be an ideal property for 1031 exchange buyers or someone looking to add a valuable asset to their property portfolio. All appliances are owned by the seller and will be included in the sale of this property. All tenants are TAW with no leases in effect. Longterm tenants bring stability to new owners. Property was recently converted from oil to gas heat. Located within walking distance to many local restaurants, Steward Hospital, laundry, coffee shops, government buildings, public transportation, and retail stores.

Last Agent to Sell the Property

Jayson LaPlante

Milestone Realty, Inc. Listed on: 10/15/2024

Last Buyer's Agent

Michele Monteiro

Keller Williams Elite

Keller Williams Elite
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,999

Year Built

  • Built in 1900

Lot Details

  • 6,970

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,166 Sq Ft Home
  • Insulated Windows
  • Combination Dining and Living Room
  • Storage
  • Basement Fills Entire Space Under The House
  • Range

Flooring

  • Plywood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • 1 Heating Zone
  • Heating System Uses Natural Gas
  • 150 Amp Service

Additional Features

  • Rain Gutters
  • 6,970 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $4,575
  • Rent includes unit 1(water hot water), unit 2(water hot water), unit 3(water hot water), unit 4(water hot water)
  • Assessor Parcel Number M:55 L:174 U:,2970419

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Electric Expense $492
  • Insurance Expense $8,715
  • Water Sewer Expense $2,838
  • Operating Expense $12,500
  • Net Operating Income $42,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,999

Year Built

Built in 1900

Lot Details

6,970 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1900
  • Year Built Details: Actual
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Plywood, Vinyl, Laminate
  • Interior Amenities: Storage, Living RM/Dining RM Combo, Kitchen
  • Fireplace YN: No
  • Appliances: None, Range, Refrigerator
  • Total Bedrooms: 8
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Concrete
  • Living Area: 4166
  • Spa YN: No
  • Stories Total: 9
  • Window Features: Insulated Windows
  • MAIN LO: AN4065
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: None, Window Unit(s)
  • Heating: Natural Gas, Electric
  • Cooling Y N: No
  • Electric: 150 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 1
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
  • Rent Includes: Unit 1(Water,Hot Water), Unit 2(Water,Hot Water), Unit 3(Water,Hot Water), Unit 4(Water,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2838

Lot Info

  • Parcel Number: M:55 L:174 U:,2970419
  • Zoning: 3.11
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6970
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6999

Multi Family

  • Electric Expense: 492
  • Insurance Expense: 8715
  • Net Operating Income: 42400
  • Number Of Units Total: 5
  • Operating Expense: 12500
  • Total Actual Rent: 4575
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2024
Closed on
Dec 31, 2024
Sold by
Bought by
Seller's Agent
Jayson LaPlante
Milestone Realty, Inc.
Buyer's Agent
Michele Monteiro
Keller Williams Elite
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Outstanding Balance
$461,171
Interest Rate
6.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 21, 2004
Sold by
Bought by

Purchase Details

Closed on
Nov 17, 2003
Sold by
Bought by

Purchase Details

Closed on
Nov 10, 1994
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$625,000 None Available
-- --
-- --
$265,000 --
$22,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $468,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/31/2024 12/31/24 Sold $625,000 -3.8% $150 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
10/15/2024 10/15/24 For Sale $650,000 -- $156 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,181 $656,400 $104,400 $552,000
2024 $6,999 $625,500 $120,700 $504,800
2023 $6,538 $542,600 $94,900 $447,700
2022 $6,413 $486,600 $79,100 $407,500
2021 $5,867 $413,200 $71,900 $341,300
2020 $4,788 $322,200 $71,900 $250,300
2019 $4,425 $280,800 $71,900 $208,900
2018 $4,323 $275,000 $71,600 $203,400
2017 $4,435 $282,300 $67,900 $214,400
2016 $4,092 $261,000 $65,900 $195,100
2015 $3,900 $259,800 $66,700 $193,100
2014 $3,873 $265,100 $63,700 $201,400
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73302066

MLS Property Information Network (MLS PIN)
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