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Well-Maintained Three-Family Home
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 Market73

Property Features for 34 Adams Street

General Information

Standard status Active
Size 2,210 SF
Property subtype Multi-family
Occupancy 100%

Additional Details

Multifamily Units 3

Building Details

Year Built 1875
Tenancy Multi
Listing Agency: Venture
Listed By: Randy Estrella
Source: Inrealtyinc
Added: May 20 Changed: Jul 20 Last Checked: Jul 30 at 7:05PM

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.

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 (±1% cap)
NOI $39,495 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$524.3K
$458.8K – $611.7K (±1% cap)
NOI $36,704 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M (±1% cap)
NOI $94,210 @ 7.0% cap · market cap 13.75%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Cafe & Coffee Shop Acupuncture Home Appliance Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,414
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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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
More about this property
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