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48 Taunton Grn Taunton, MA 02780

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For Sale
$3,950,000

Downtown Taunton portfolio: 24 apartments, 4 commercial units.

Lot size:
0.16 Acres

Property Features for 48 Taunton Grn

General Information

Lot size
0.16 Acres

Building Details

Year built
1900

Source: Carl Christie Agent Carl Christie

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Taunton Multifamily and Retail Portfolio

This portfolio offering includes two brick buildings located next to each other in downtown Taunton, Massachusetts. The properties, located at 6 Weir St. and 48 Taunton Green, comprise a total of 24 apartments, all configured as one-bedroom, one-bath units, and 4 commercial spaces. Of the commercial units, two are currently occupied, and two are vacant. The portfolio's going-in cap rate is 7% based on current rents. There is short-term upside potential through rent increases. Future value-add redevelopment potential exists with the vacant commercial spaces and vacant attic space.
Insight Report Location Intelligence

Current Use by Public Records

Abbott's Barber Shop Barber Shop Fall River Pawn ... Pawn Shop Taunton Green Property ... Property Management Company Taunton Massachusetts Apartment Complex

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Taunton
County
Bristol
State
Massachusetts
Longitude
-71.0930822
Latitude
41.9013636

FAQs

What type of property is this?
Apartment building - Downtown Taunton portfolio: 24 apartments, 4 commercial units.
Where is this apartment building located?
The property is located at 48 Taunton Grn Taunton, MA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: - Portfolio offering of **28 units (24 apartments and 4 commercial) in downtown Taunton.**; - **7% Going-in Cap Rate** based on current rents.; - Short term upside potential through rent increases.
More about this property
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