Two-Unit Residential Income
161 Cohannet Street Taunton, MA 02780
161 Cohannet Street, Taunton, MA, 02780
$684,000
For Sale
$684,000
Updated two-family home converted into two units with brand-new kitchens, full baths, and vinyl plank flooring.
Property Size1,668 SF
Price / SF$410.07
Days on Market126
Property Features for 161 Cohannet Street
General Information
- Standard status
- Active
- Size
- 1,668 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1910
Listing agency
Town Hall Realty,Inc.
Listed by
Miguel Gomes
(617) 731-4644
Source
Hammondre
Added: Mar 19 Updated: Jul 20 at 6:38PM Checked: Jul 21 at 7:06AM
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 Town Hall Realty,Inc.
Investment Insights
Based on property information with market context.
This two-family residential income property has been beautifully updated and converted into two spacious units. Each unit features 4 bright rooms and 1 full bath, with brand-new kitchens that include stylish cabinetry and contemporary finishes. New full bathrooms and durable vinyl plank flooring run throughout, supporting an open-concept layout with a seamless flow between the living, dining, and kitchen areas.
The home is described as move-in ready and is conveniently located near shopping, schools, and transportation.
The property’s configuration makes it a practical fit for an owner-occupant or an investor seeking rental income within a single updated building.
The home is described as move-in ready and is conveniently located near shopping, schools, and transportation.
The property’s configuration makes it a practical fit for an owner-occupant or an investor seeking rental income within a single updated building.
Key Highlights
- Updated two‑family home originally built in 1910, converted from a single‑family residence into two units
- Each unit features 4 bright rooms and 1 full bathroom
- Brand‑new kitchens on both floors with new cabinetry and contemporary finishes
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 | $46.0k | $27.60 |
| − Vacancy | −$3.5k | −$2.07 |
| EGI | $42.6k | $25.53 |
| − OpEx | −$12.8k | −$7.66 |
| NOI | $29.8k | $17.87 |
1,668 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$425.8K
$372.6K – $496.8K
NOI $29,809 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$395.8K
$346.3K – $461.7K
NOI $27,703 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$1.02M
$888.8K – $1.19M
NOI $71,105 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Updated two-family home converted into two units with brand-new kitchens, full baths, and vinyl plank flooring.
Where is this duplex located?
The property is located at 161 Cohannet Street Taunton, MA.
What is the asking price?
The asking price for this property is $684,000.
What are key features of this property?
This property features: Updated two‑family home originally built in 1910, converted from a single‑family residence into two units; Each unit features 4 bright rooms and 1 full bathroom; Brand‑new kitchens on both floors with new cabinetry and contemporary finishes
