31 Godfrey Taunton, MA 02780
Three-story two-family home with separate utilities and recent mechanical upgrades for each unit.
Property Features for 31 Godfrey
General Information
- Standard status
- Active
- Size
- 2,371 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1900
Listing office Keller Williams Elite (508) 942-8356
Listing date Jul 4, 2026
Source Alliancepartnersre
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Investment Insights
Based on property information with market context.
Mechanical updates include a replaced furnace on the second floor in 2021 and a replaced water heater in 2020. Utilities are separate for each unit; however, there is no owners meter noted. The offering is described as an income-producing residential property with its own two-unit setup.
For buyers or investors seeking a straightforward two-unit structure, the separate utilities and documented mechanical replacements help support day-to-day operating considerations. The multi-bedroom configuration can appeal to tenants looking for more room within a classic multi-family format. The generous lot and three-story design may also support practical use and routine management for a resident-tenant environment.
Key Highlights
- Three‑story two‑family residence built circa 1900 at 31 Godfrey, Taunton, MA
- Total 2,371 sq ft living area and six bedrooms across the two units
- 9583 sq ft lot size with outdoor space
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.4k | $27.60 |
| − Vacancy | −$4.9k | −$2.07 |
| EGI | $60.5k | $25.53 |
| − OpEx | −$18.2k | −$7.66 |
| NOI | $42.4k | $17.87 |
