Turnkey Two-Family Corner
254 Washington Street Taunton, MA 02780
254 Washington Street, Taunton, MA, 02780
$674,900
Pending
For Sale
$674,900
Pending
MULTI_FAMILY - Taunton, MA
Property Size2,095 SF
Lot Size0.27 Acres
Days on Market49
Property Features for 254 Washington Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- URBRES
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 6, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 2
- Parking
- 6
- Standard status
- Pending
- APN
- 2976519
- Size
- 2,095 SF
- Lot size
- 0.27 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5817
Building Details
- Year built
- 1875
- Floors in Building
- 2
- Number of units
- 2
Listing Agency
Keller Williams Realty
(508) 238-5000
574 Washington Street, South Easton, MA
Listed by
Scott Morris
(508) 238-5000
Added: Jun 2 Checked: Jul 20 at 12:06 am
MLS# 73528639
Listing URL
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.
This meticulous two-family home sits on a spacious corner lot and is delivered completely vacant, ready for immediate occupancy. Each unit offers three bedrooms, formal dining rooms, updated kitchens, and well-laid-out floor plans designed for comfortable day-to-day living. Separate utilities support independent operations, and interior updates include flooring and kitchen improvements.
The property includes improvements aimed at long-term peace of mind, including a newer roof, updated hot water tanks, and a natural gas heating conversion. Outside, the landscaped and well-manicured grounds are complemented by separate driveways that provide convenient off-street parking for each unit.
With three-bedroom layouts, updated kitchens, and independent utility setups, the home is well suited for owner-occupants looking to live in one unit while renting the other. It also fits investors seeking a move-in-ready rental asset with a turnkey approach, combining functional living space with meaningful recent upgrades and straightforward day-to-day manageability.
The property includes improvements aimed at long-term peace of mind, including a newer roof, updated hot water tanks, and a natural gas heating conversion. Outside, the landscaped and well-manicured grounds are complemented by separate driveways that provide convenient off-street parking for each unit.
With three-bedroom layouts, updated kitchens, and independent utility setups, the home is well suited for owner-occupants looking to live in one unit while renting the other. It also fits investors seeking a move-in-ready rental asset with a turnkey approach, combining functional living space with meaningful recent upgrades and straightforward day-to-day manageability.
Key Highlights
- Two‑family home built in 1875 on a corner lot with separate driveways for off‑street parking for each unit
- Both units have 3 bedrooms and formal dining rooms, plus updated kitchens
- Each unit has separate utilities
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 |
2,095 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$534.9K
$468.0K – $624.0K
NOI $37,440 @ 7.0% cap · market cap 5.55%
Second Best
Apartment 5plus
$497.1K
$434.9K – $579.9K
NOI $34,794 @ 7.0% cap · market cap 5.16%
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,307 @ 7.0% cap · market cap 13.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - A vacant two-family with separate utilities and updated systems, offering flexible owner-occupant or rental income potential.
Where is this duplex located?
The property is located at 254 Washington Street Taunton, MA.
What is the asking price?
The asking price for this property is $674,900.
What are key features of this property?
This property features: Two‑family home built in 1875 on a corner lot with separate driveways for off‑street parking for each unit; Both units have 3 bedrooms and formal dining rooms, plus updated kitchens; Each unit has separate utilities
