229 Tremont St Taunton, MA 02780
MULTI_FAMILY - Taunton, MA
- Added:
- May 27, 2026
- Days on Market:
- 48
- Last Refresh:
- Jul 13 at 12:06 am
Property Features for 229 Tremont St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- URBRES
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1
- Parking
- 6
- Standard status
- Pending
- APN
- M:53 L:7 U:,2980358
- Size
- 1,762 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5496
Building Details
- Year built
- 1900
- Floors in Building
- 3
- Number of units
- 2
Listing agent Steve Zeboski (781) 843-3200
Listing office Keller Williams Realty 29 Commercial Street, Braintree, MA (781) 843-3200
Listing date May 27, 2026
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in Taunton, Massachusetts, the home sits on an approximately 0.24-acre lot and is offered in URBRES zoning. The exterior features an oversized driveway and a fully fenced yard, providing defined outdoor space for everyday use.
For tenants or buyers, the setup offers practical separation between units while retaining shared conveniences such as laundry and basement storage. The fenced yard and porch add usable outdoor and entry space, while the unit layouts provide bedroom and living-room options that can accommodate a range of household needs. The seller notes the home is back on the market after prior buyers did not move forward.
Key Highlights
- Two‑family residence in Taunton built in 1900 with 1,762 sqft total living area
- Recent updates include new roof, driveway, and fencing
- Unit 1: converted to a 1‑bed, 1‑bath layout with updated kitchen, large living room, and mudroom off the driveway
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 | $48.6k | $27.60 |
| − Vacancy | −$3.6k | −$2.07 |
| EGI | $45.0k | $25.53 |
| − OpEx | −$13.5k | −$7.66 |
| NOI | $31.5k | $17.87 |
