Well-Maintained Three-Family
For Sale
$685,000
34 Adams Street, Taunton, MA 02780
Three-family property with two-bedroom units and long-term tenants, plus a well-kept exterior, yard, and off-street parking.
Property Size2,210 SF
Price / SF$309.95
Days on Market161
Property Features for 34 Adams Street
General Information
Standard status
Active
Size
2,210 SF
Total Parking Spaces
3
Property subtype
Multi-Family
Zoning
3 Family
Occupancy
100%
Net Operating Income
$31,800
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$5,211
Building Details
Building Size
2,210 SF
Year Built
1875
Stories
3
Tenancy
Multi
Listing Agency:
Venture
(617) 340-9770
Listed By:
Randy Estrella · License #9585673
(508) 558-9084
Source:
Churchillprop
Added: May 23
Changed: Oct 26
Last Checked: Oct 28 at 6:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Venture
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Investment Insights
Based on property information with market context.
This well-maintained three-family property offers three residential units, each featuring two bedrooms. The units are currently occupied by long-term tenants. The exterior and yard are described as immaculate and well kept, supporting an overall move-in-ready appearance for an income-focused buyer.
The property is located just minutes from historic Taunton Green in Taunton, MA. It also includes ample off-street parking.
This building may be purchased as part of a larger portfolio that includes 38 Adams Street, 40 Adams Street, and 46 Adams Street, offering an opportunity to acquire multiple neighboring assets.
The property is located just minutes from historic Taunton Green in Taunton, MA. It also includes ample off-street parking.
This building may be purchased as part of a larger portfolio that includes 38 Adams Street, 40 Adams Street, and 46 Adams Street, offering an opportunity to acquire multiple neighboring assets.
Key Highlights
- Three‑family property built in 1875
- Each unit has 2 bedrooms and is occupied by long‑term tenants
- Well‑kept exterior with an immaculate yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,495
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,900
$789.9K
Cap Rate 7%
$564,214
$564.2K
Cap Rate 9%
$438,833
$438.8K
Market Conditions
NOI Build-Up for 2,210 SF
Gross rent
$61.0K $27.60/SF
− Vacancy
−$4.6K −$2.07/SF
EGI
$56.4K $25.53/SF
− OpEx
−$16.9K −$7.66/SF
NOI
$39.5K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,900
Cap Rate 7%
$564,214
Cap Rate 9%
$438,833
Alternative Uses
Best Use
Multifamily LT 5
$564.2K
$493.7K – $658.3K
NOI $39,495 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$524.3K
$458.8K – $611.7K
NOI $36,704 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,210 @ 7.0% cap · market cap 13.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,414
Businesses Nearby
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Business Placement
Demographics for 02780, MA
52,299
Population
22,454
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
33.1 sq mi
ZIP Area
1,580
Density / Sq Mi
$75,054
Median Household Income
$48,454
Median Earnings
$1,257
Median Rent
$377,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three-family property with two-bedroom units and long-term tenants, plus a well-kept exterior, yard, and off-street parking.
Where is this triplex located?
The property is located at 34 Adams Street Taunton, MA.
What is the asking price?
The asking price for this property is $685,000.
What are key features of this property?
This property features: Three‑family property built in 1875; Each unit has 2 bedrooms and is occupied by long‑term tenants; Well‑kept exterior with an immaculate yard
