Renovated Three-Family
13 King Street Taunton, MA 02780
13 King Street, Taunton, MA, 02780
$799,000
For Sale
$799,000
Renovated three-family with separate systems, multiple private laundry options, and six off-street parking spaces plus a two-car garage.
Property Size2,610 SF
Price / SF$306.13
Days on Market150
Property Features for 13 King Street
General Information
- Standard status
- Active
- Size
- 2,610 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
Kelly Lewis Realty
Listed by
Kelly Lewis
(413) 789-9830
Source
Parksquarerealty
Added: Feb 22 Updated: Jul 21 at 6:31AM Checked: Jul 21 at 6:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kelly Lewis Realty
Investment Insights
Based on property information with market context.
This renovated three-family home features extensive updates completed between 2019 and 2026. Improvements include new windows installed in 2020 across all floors and the basement, electrical upgrades from 2020 through 2022, and plumbing replaced from the basement to the roof in 2020. The home also includes blown-in insulation throughout most of the house, a fully insulated attic, updated flue, easy-close cabinetry, and full darkening blinds. Exterior features include a semi-fenced yard, composite exterior stairs, a two-car garage with newer doors (2025), and six off-street parking spaces.
The first-floor unit offers three bedrooms and one bath, along with an enclosed porch and private laundry. The second-floor unit provides two bedrooms plus dining/office space, a private porch, Mitsubishi AC/heat pump, and private laundry. The third-floor unit includes four rooms, a kitchen with granite counters, an oversized designer shower, and an in-unit washer/dryer.
According to the seller’s information, the property is well-maintained with separate systems for each unit and modern upgrades throughout.
The first-floor unit offers three bedrooms and one bath, along with an enclosed porch and private laundry. The second-floor unit provides two bedrooms plus dining/office space, a private porch, Mitsubishi AC/heat pump, and private laundry. The third-floor unit includes four rooms, a kitchen with granite counters, an oversized designer shower, and an in-unit washer/dryer.
According to the seller’s information, the property is well-maintained with separate systems for each unit and modern upgrades throughout.
Key Highlights
- Renovated three‑family home (built 1900) with extensive updates completed between 2019‑2026
- New windows throughout all floors and basement (2020); blown‑in insulation in most of the home and a fully insulated attic
- Electrical upgrades completed 2020‑2022; plumbing replaced from basement to roof (2020) and newer flue
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 | $72.0k | $27.60 |
| − Vacancy | −$5.4k | −$2.07 |
| EGI | $66.6k | $25.53 |
| − OpEx | −$20.0k | −$7.66 |
| NOI | $46.6k | $17.87 |
2,610 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$666.3K
$583.0K – $777.4K
NOI $46,643 @ 7.0% cap · market cap 5.84%
Second Best
Apartment 5plus
$619.3K
$541.9K – $722.5K
NOI $43,348 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $111,261 @ 7.0% cap · market cap 13.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Renovated three-family with separate systems, multiple private laundry options, and six off-street parking spaces plus a two-car garage.
Where is this triplex located?
The property is located at 13 King Street Taunton, MA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Renovated three‑family home (built 1900) with extensive updates completed between 2019‑2026; New windows throughout all floors and basement (2020); blown‑in insulation in most of the home and a fully insulated attic; Electrical upgrades completed 2020‑2022; plumbing replaced from basement to roof (2020) and newer flue
