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Renovated Three-Family Residence

415 Danforth St Taunton, MA 02780

415 Danforth St, Taunton, MA, 02780
$775,000
For Sale
$775,000

Fully renovated, fully sprinklered three-family home with off-street parking for six and ductless mini-splits.

Property Size2,208 SF
Price / SF$350
Days on Market8

Property Features for 415 Danforth St

General Information

Standard status
Active
Size
2,208 SF
Property subtype
3 Family

Building Details

Year Built
1900
Listing agency The Simply Sold Realty Co.
Listed by Ashley Trapp · License #455022154
Source Lockandkeyre
Added: Jul 14 Updated: Jul 21 at 2:20AM Checked: Jul 21 at 3:21AM

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 The Simply Sold Realty Co.


Investment Insights

Based on property information with market context.

This fully renovated three-family residence is described as fully sprinklered, with updates that include the roof, plumbing, electrical, and building systems. The exterior is noted as maintenance-free vinyl siding, and the improvements (everything but the foundation) are approximately two years old. Each unit is equipped with high-efficiency heat/AC ductless mini-splits. Interior finishes include hardwood floors, an open-concept living room, and a custom kitchen featuring granite countertops and stainless steel appliances.

The property is offered for sale at 415 Danforth St, Taunton, MA 02780, with off-street parking for six cars.

The home’s layout supports three separate dwelling units within a single, recently upgraded structure, positioning it for tenants looking for self-contained, comfort-controlled living spaces.

Key Highlights

  • Fully renovated 3‑family home with full sprinklering
  • Everything but the foundation is about 2 years old, including roof, plumbing, electrical, and systems
  • High‑efficiency ductless mini‑splits for heating and A/C in each room

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 $60.9k $27.60
− Vacancy −$4.6k −$2.07
EGI $56.4k $25.53
− OpEx −$16.9k −$7.66
NOI $39.5k $17.87
2,208 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$563.7K
$493.2K – $657.7K (±1% cap)
NOI $39,459 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$523.9K
$458.4K – $611.2K (±1% cap)
NOI $36,671 @ 7.0% cap · market cap 4.73%
Theoretical Best
Office A
$1.34M
$1.18M – $1.57M (±1% cap)
NOI $94,124 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Law Firm Dental Office Real Estate Agency Building Supply Gym & Fitness Center Restaurant Spa & Massage Center Skin Care Clinic HVAC Service Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Fully renovated, fully sprinklered three-family home with off-street parking for six and ductless mini-splits.
Where is this triplex located?
The property is located at 415 Danforth St Taunton, MA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Fully renovated 3‑family home with full sprinklering; Everything but the foundation is about 2 years old, including roof, plumbing, electrical, and systems; High‑efficiency ductless mini‑splits for heating and A/C in each room
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