23 Vernon Street Taunton, MA 02780
MULTI_FAMILY - Taunton, MA
- Added:
- Jul 10, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 11 at 3:06 am
Property Features for 23 Vernon Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- URBRES
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 2, Bedroom 4
- Parking
- 4
- Standard status
- Active
- APN
- 2979214
- Size
- 2,569 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 6011
Building Details
- Year built
- 1890
- Floors in Building
- 3
- Number of units
- 3
Listing agent Steve Zeboski (781) 843-3200
Listing office Keller Williams Realty 29 Commercial Street, Braintree, MA (781) 843-3200
Listing date Jul 10, 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.
The home sits on a corner lot in Taunton, Massachusetts. Public remarks note that the current rents are below market value and that the location is convenient to shopping, schools, restaurants, and major commuter routes.
The property is zoned URBRES. The lot size is listed as 0.24 acres, and the total property size is listed as 2,569 square feet.
Key Highlights
- Built in 1890
- 3‑family property on a quiet corner lot
- Separate utilities for the units
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 | $70.9k | $27.60 |
| − Vacancy | −$5.3k | −$2.07 |
| EGI | $65.6k | $25.53 |
| − OpEx | −$19.7k | −$7.66 |
| NOI | $45.9k | $17.87 |
