Taunton, MA 02780,41 Park St
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Taunton, MA 02780,41 Park St
Taunton, MA 02780,41 Park St
Taunton, MA 02780,41 Park St

$900,000

Est. payment /mo

$900,000

Est.Price: ?

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41 Park St Taunton, MA 02780

16 Beds

8 Baths

5,540 SqFt

SOLD DATE : 04/25/2022

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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Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Bought with David Casey Howe • eXp Realty
agent

Katie Gellenbeck

Advisor | License ID: 9558572

+1(206) 852-2256

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