2118 Riverside Ave Somerset, MA 02726
MULTI_FAMILY - Somerset, MA
- Added:
- Jul 8, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 13 at 12:06 am
Property Features for 2118 Riverside Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 1
- Parking
- 6
- Fireplace
- 1
- Standard status
- Active
- APN
- M:0C1 L:0017,4020087
- Size
- 2,709 SF
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6228
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Number of units
- 2
Listing agent Clifford Ponte License #9554597 (508) 677-3233
Listing office Keller Williams South Watuppa 275 Martine Street, Unit 109, Fall River, MA (508) 677-3233
Listing date Jul 8, 2026
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Investment Insights
Based on property information with market context.
Set on a corner lot on a dead-end street, the home is described as two homes from the waterfront. The listing also notes proximity to shopping, dining, schools, and major highways, supporting everyday convenience for residents.
The property will be delivered vacant, allowing immediate flexibility for an owner-occupant or an investor. With two units in place and supplementary finished and partially finished areas, it may appeal to tenants or buyers looking for a setup that can accommodate changing space requirements. Zoning is listed as R1, and the home is located at 2118 Riverside Ave in Somerset, Massachusetts.
Key Highlights
- Two‑family home (Year built: 1920) on a corner lot in a dead‑end street location
- Two generous units plus a finished attic and a partially finished basement for added living space options
- Fireplace included; 5 bedrooms and 4 bathrooms across the home per room listing
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 | $74.8k | $27.60 |
| − Vacancy | −$5.6k | −$2.07 |
| EGI | $69.2k | $25.53 |
| − OpEx | −$20.7k | −$7.66 |
| NOI | $48.4k | $17.87 |
