Two-Unit Home with
For Sale
$675,000
40 Railroad Avenue, Taunton, MA 02780
Separate utilities and flexible bonus areas support owner-occupancy or rental use.
Property Size2,657 SF
Lot Size0.34 Acres
Price / SF$254.05
Days on Market33
Property Features for 40 Railroad Avenue
General Information
Standard status
Active
Size
2,657 SF
Lot size
0.34 Acres
Property subtype
Multi-Family
Units
Unit Mix
1 x 3BR, 1 x 2BR
Multifamily Units
2
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
D&D Realty Team, Keller Williams Elite
Listed By:
Hillman Homes
(617) 609-8894
Source:
Hillmanhomesma
Added: Sep 16
Changed: Oct 16
Last Checked: Oct 16 at 9:25AM
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 D&D Realty Team, Keller Williams Elite
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Investment Insights
Based on property information with market context.
Built in 1900, this duplex provides approximately 2,657 square feet of living space across two residential units. The first-floor unit has three bedrooms, while the second-floor unit includes two bedrooms. Separate utilities assign utility expenses to each tenant, supporting both owner-occupancy and rental strategies.
The property occupies a 0.34-acre lot at 40 Railroad Avenue in Taunton, Massachusetts. A detached 26' x 26' two-car garage includes a rear bonus room suited to storage, workshop use, hobbies, or equipment. Additional usable space includes a full basement with a functioning kitchen and another room, plus a walk-up attic. A three-season room, wood shingle siding, off-street parking, and a spacious backyard round out the property. Route 138 is nearby, with shopping, dining, schools, parks, and major routes in the surrounding area.
The property occupies a 0.34-acre lot at 40 Railroad Avenue in Taunton, Massachusetts. A detached 26' x 26' two-car garage includes a rear bonus room suited to storage, workshop use, hobbies, or equipment. Additional usable space includes a full basement with a functioning kitchen and another room, plus a walk-up attic. A three-season room, wood shingle siding, off-street parking, and a spacious backyard round out the property. Route 138 is nearby, with shopping, dining, schools, parks, and major routes in the surrounding area.
Key Highlights
- Two‑unit layout with a 3‑bedroom first‑floor unit and 2‑bedroom second‑floor unit
- Approximately 2,657 sq. ft. of living space on a 0.34‑acre lot
- Separate utilities allow tenants to pay their own utility expenses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,483
Cap Rate
7.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$949,660
$949.7K
Cap Rate 7%
$678,329
$678.3K
Cap Rate 9%
$527,589
$527.6K
Market Conditions
NOI Build-Up for 2,657 SF
Gross rent
$73.3K $27.60/SF
− Vacancy
−$5.5K −$2.07/SF
EGI
$67.8K $25.53/SF
− OpEx
−$20.3K −$7.66/SF
NOI
$47.5K $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%
$949,660
Cap Rate 7%
$678,329
Cap Rate 9%
$527,589
Alternative Uses
Best Use
Multifamily LT 5
$678.3K
$593.5K – $791.4K
NOI $47,483 @ 7.0% cap · market cap 7.03%
Second Best
Apartment 5plus
$630.4K
$551.6K – $735.5K
NOI $44,128 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,265 @ 7.0% cap · market cap 16.78%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
55
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?
Duplex - Separate utilities and flexible bonus areas support owner-occupancy or rental use.
Where is this duplex located?
The property is located at 40 Railroad Avenue Taunton, MA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two‑unit layout with a 3‑bedroom first‑floor unit and 2‑bedroom second‑floor unit; Approximately 2,657 sq. ft. of living space on a 0.34‑acre lot; Separate utilities allow tenants to pay their own utility expenses
