Well-Maintained Three-Family
34 Adams Street Taunton, MA 02780
For Sale
$685,000
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 Market69
Property Features for 34 Adams Street
General Information
- Standard status
- Active
- Size
- 2,210 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1875
Listing Agency:
Venture
Listed By:
Randy Estrella
(617) 680-0690
Source:
Inrealtyinc
Added: May 20
Changed: Jul 20
Last Checked: Jul 27 at 12:42AM
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
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 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 | $61.0k | $27.60 |
| − Vacancy | −$4.6k | −$2.07 |
| EGI | $56.4k | $25.53 |
| − OpEx | −$16.9k | −$7.66 |
| NOI | $39.5k | $17.87 |
2,210 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
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
