254 Washington Street, Taunton, MA 02780
Vacant two-family with updated kitchens, separate utilities, and off-street parking via separate driveways.
- Added:
- Jun 2, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 6 at 2:58 am
Property Features for 254 Washington Street
General Information
- Standard status
- Active
- Size
- 2,095 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1875
Listing agent Dan Gouveia Team (774) 300-0431
Listing office Keller Williams Realty (774) 300-0431
Listing date Jun 2, 2026
Source Lockandkeyre
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All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
HighLights
- Vacant two‑family home (built 1875) on a spacious corner lot with separate driveways for off‑street parking for each unit
- Each unit has 3 bedrooms and a formal dining room
- Updated kitchens in both units
- Separate utilities for each unit
- Recent improvements include a newer roof, updated hot water tanks, and natural gas heating conversion
- Updated flooring and kitchen upgrades throughout
Overview
Set on a spacious corner lot, the exterior includes landscaped and well-manicured grounds. Separate driveways provide convenient off-street parking for each unit, adding day-to-day practicality for tenants and simplifying access.
This configuration suits owner-occupants looking to live in one unit while renting the other, as well as investors seeking a turnkey, well-maintained income property with modernized core components. With the units already prepared for occupancy and utility separation in place, there is no need to wait for renovations to begin to establish rental operations.
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 | $57.8k | $27.60 |
| − Vacancy | −$4.3k | −$2.07 |
| EGI | $53.5k | $25.53 |
| − OpEx | −$16.0k | −$7.66 |
| NOI | $37.4k | $17.87 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Taunton
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.0896252
- Latitude
- 41.9162341
