8-Unit Multifamily
426 Whittenton Street Taunton, MA 02780
426 Whittenton Street, Taunton, MA, 02780
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For Sale
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Well-maintained 8-unit property with separate utilities and tenant-at-will units, including two currently vacant units.
Property Size6,797 SF
Price / SF$198.62
Days on Market94
Property Features for 426 Whittenton Street
General Information
- Standard status
- Active
- Size
- 6,797 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1900
Listing agency
CENTURY 21 Realty Network
Listed by
A.J. Andrews · License #MA 9018418
Source
Crexi
Added: Apr 21 Updated: Jul 22 at 2:06PM Checked: Jul 22 at 2:06PM
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Investment Insights
Based on property information with market context.
This well-maintained 8-unit multifamily property is being offered for sale as an income-producing investment. The building has been owned and occupied for more than 28 years, reflecting long-term operational continuity. Two units are currently vacant, and several rents are described as under market. All units are tenant-at-will, offering flexibility for re-leasing.
The property benefits from separate utilities, which can help manage operating expenses. It is located across from major approved redevelopment identified as Whittenton Mills.
The offering is structured around in-place income with unit-level opportunity based on the noted vacancies and under-market rents, with the property’s separate utilities supporting day-to-day cost control.
The property benefits from separate utilities, which can help manage operating expenses. It is located across from major approved redevelopment identified as Whittenton Mills.
The offering is structured around in-place income with unit-level opportunity based on the noted vacancies and under-market rents, with the property’s separate utilities supporting day-to-day cost control.
Key Highlights
- 8‑unit multifamily built in 1900
- Two units currently vacant, creating immediate income‑upside potential
- Several units reported as under‑market rents
Local Financial Insights For Apartment 5plus
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 | $220.2k | $32.40 |
| − Vacancy | −$15.0k | −$2.20 |
| EGI | $205.2k | $30.20 |
| − OpEx | −$92.4k | −$13.59 |
| NOI | $112.9k | $16.61 |
6,797 SF · lease $32.40/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.61M
$1.41M – $1.88M
NOI $112,886 @ 7.0% cap · market cap 8.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.14M
$3.62M – $4.83M
NOI $289,748 @ 7.0% cap · market cap 21.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Well-maintained 8-unit property with separate utilities and tenant-at-will units, including two currently vacant units.
Where is this apartment building located?
The property is located at 426 Whittenton Street Taunton, MA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 8‑unit multifamily built in 1900; Two units currently vacant, creating immediate income‑upside potential; Several units reported as under‑market rents
