$900,000
$900,000
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41 Park St Taunton, MA 02780
16 Beds
8 Baths
5,540 SqFt
Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,540 sqft
Price per Sqft $162
MLS Listing ID 72971279
Sold Date 04/25/22
Bedrooms 16
Full Baths 8
Year Built 1900
Annual Tax Amount $7,774
Tax Year 2022
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type 5-9 Family
Property Description
Incredible opportunity in a thriving market of Taunton. This 8 unit property consists of 2 buildings that has strong rents and more opportunity to increase in the future - 10% CASH ON CASH from Day 1 and 7.2% cap rate! The front building offers 6 units with a mix of one, two, and three bedrooms while the rear two family offers two bedrooms each. Seller has made great updates to some units over the years. There are electrical with 9 panels (1 common panel), 6 heating systems, and 8 hot water tanks. Property offers ample parking in paved driveway for more than 10 cars with good green yard space for recreation. Other bonuses includes fully de-leaded certificates for each unit, newer roof, and a prime location to Taunton downtown and highways. Please see attached financials for reference.
Location
State MA
County Bristol
Zoning URBRES
Direction Please use GPS
Exterior
Community Features Public Transportation
Total Parking Spaces 16
Garage No
Building
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
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Bought with David Casey Howe • eXp Realty