Nelson Matos - RE/MAX Welcome Home

230 School St, Taunton, MA 02780



Approx. GLA
PROFITABLE income property with "potential for greater income" by bringing the rents up to market rate. Rental income currently well below market and all 5 units are TAW. Building is currently fully rented and cash flowing. Low to no yard maintenance provides a cost savings. Units have ruggedized wainscoting panels to reduce possibility of resident damage and reduce maintenance costs. Great neighborhood with mostly single family and small multifamily properties brings in a higher quality resident and with it lower management burden. AVERAGE 1 Bedroom rent for this area as $750 per month. NOTES: Newer rubber roof, vinyl siding, windows, water heaters, TWO NEW (2014) heating systems, separate utilities for each unit. Water and Sewer included in rents. $37,440 Gross income, $3,120 (1/12) vacancy rate, $34,320 NOI, Gross Multiplier 8.88, Cap Rate 10.32% To maximize time we highly recommend that all buyers tour the neighborhood and view the exterior prior to touring! Lead Certs in Hand!
Open House
No scheduled Open Houses
Basement Features: Partial, Crawl
List Price: $320,000
Type: Multi-Family
Multi-Family Type: 5+ Family - 5+ Units Up/Down
Status: Active
Beds: 5
Baths: 5
Units: 5
Year Built: 1927
Approx. GLA: 2,520
MLS#: 72109300
Basement: Yes
Cooling Units: See Details Now
Cooling Zones: See Details Now
Electricity Cost: See Details Now
Electric Features: See Details Now
Heating Units: See Details Now
Heating Zones: See Details Now
Flooring: See Details Now
Energy: See Details Now
Fireplaces: See Details Now
Hot Water: See Details Now
Rooms: 10
Green Certification: See Details Now
Lead Paint: See Details Now
Total Floors: 2
UFFI: See Details Now
Water: See Details Now
Facing: See Details Now
Acres: 0.04
Lot Size: 1,742.00
Lot Description: See Details Now
Foundation: See Details Now
Foundation Size: See Details Now
Waterfront: See Details Now
Waterview Feat.: See Details Now
Garage Spaces: See Details Now
Parking Spaces: See Details Now
Parking Features: See Details Now
Road Type: See Details Now
Color: See Details Now
Construction: See Details Now
Roof Material: See Details Now
Utility: See Details Now
Exterior: See Details Now
Exterior Features: See Details Now
Sewer/Water: See Details Now
Water: See Details Now
Water: See Details Now
Sewage District: See Details Now
Short Sale Lender Approval: See Details Now
Title 5: See Details Now
Lender Owned: No
APOD Available: See Details Now
Assessed Price: $167,700
Taxes: $2,630
Tax Year: 2016
Book/Page: See Details Now
Zoning: See Details Now
Warranty Available: See Details Now
Grade School: See Details Now
Middle School: See Details Now
High School: See Details Now
Beach: See Details Now
Miles to Beach: See Details Now
Beach Description: See Details Now
Beach Ownership: See Details Now
Expenses Source: See Details
Gross Income: See Details
Gross Expenses: See Details
Total Rent: See Details
Net Income: See Details
Gas Cost: See Details
Heat Cost: See Details
Insurance Cost: See Details
Management Cost: See Details
Refuse Cost: See Details
R&M Cost: See Details
Sewer Cost: See Details
Water Cost: See Details
Misc. Cost: See Details
Amenities: See Details Now
Exclusions: See Details Now
Disclosure Declaration: See Details Now
Disclosure: See Details Now
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 2 1 0 1 1 0 No 1 $650
Unit 2 3 1 0 1 1 0 No 1 $670
Unit 3 2 1 0 2 1 0 No 1 $615
Unit 4 2 1 0 2 1 0 No 1 $595
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The listing office is United Real Estate Raynham and the listing agent is Tony Melo. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 1/17/2018 10:05:00 PM.
Nelson Matos
Nelson Matos
RE/MAX Welcome Home