248 Somerset Ave, Taunton, MA 02780
- $599,000
- 5
- BD
- 2
- BA
- 1,354
- SqFt
- List Price
- $599,000
- Status
- ACTIVE
- MLS#
- 73572323
- Bedrooms
- 5
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,354
- Lot Size (Acres)
- 0.13
- 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.
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Additional Information
- Area
- Weir Village
- Taxes
- $6,165
- Interior Features
- 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
- Parking Description
- Paved Drive, Shared Driveway, Off Street, Common, Driveway, Paved
- Lot Description
- Cleared, Gentle Sloping
- Water
- Public
- Sewer
- Public Sewer
- Elementary School
- Galligan
- Middle School
- Parker
- High School
- Taunton High
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Listing courtesy of Listing Agent: Kobe Lomba from Listing Office: Lomba Realty Group, Inc..
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