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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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248 Somerset Ave , Taunton, MA 02780
$579,000
Est. Payment: $1,286.67/mo
5 Bed
2 Bath
1354 Sqft
Status: Price Changed | Days on site: 12
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AN2336 - CN263586
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House 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.

Highlights

Listed by Kobe Lomba , 774-260-0865 Lomba Realty Group, Inc. , 617-981-2149.

Property Type

Multi-Family

Lot/Acreage
0.13

Year Built

1890

County

Bristol

Area

Weir Village

Listing ID

73572323

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Washer/Dryer, Oven, Microwave, Refrigerator
Air Cond:Window Unit(s)
Fireplaces:
Floor:Vinyl,Hardwood
Other:
  • Additional:Storage, Pantry, Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Ceiling Fan(s), Cathedral/Vaulted Ceilings, Kitchen, Living RM/Dining RM Combo, Living Room
Water:Public

Exterior Features

Lot:Cleared,Gentle Sloping
Garage Capacity:4
Zoning:3.31
Roof:Shingle
Others:
  • Additional:Balcony/Deck, Rain Gutters
Sewer:Public Sewer
Parking Features:Paved Drive,Shared Driveway,Off Street,Common,Driveway,Paved,Parking Spaces: 4
Principal Interest
$1,287
Taxes
$514

Home Price

$579,000

Loan Details

30 yrs
%

Down Payment

20%
$115,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,286.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,286.67 $513.75 $0.00 $1,800.42
Yearly $15,440.00 $6,165.00 $0.00 $21,605.00
Total $463,200.00 $184,950.00 $0.00 $648,150.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Taunton, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.