Well-Maintained Taunton Three-Family
For Sale
$725,000
46 Adams Street, Taunton, MA 02780
Three-family property near Taunton Green with long-term tenants.
Property Size2,237 SF
Price / SF$324.09
Days on Market105
Property Features for 46 Adams Street
General Information
Standard status
Active
Size
2,237 SF
Total Parking Spaces
3
Property subtype
Multi-Family
Zoning
3-Family
Net Operating Income
$32,520
Taxes and HOA fees
Annual Taxes
$5,176
Building Details
Building Size
2,237 SF
Year Built
1825
Stories
3
Listing Agency:
Atlantic Properties
(833) 668-4649
Listed By:
Chris Bernier
(978) 578-5013
Source:
Churchillprop
Added: May 23
Changed: Sep 3
Last Checked: Sep 4 at 3:46AM
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 Atlantic Properties
Investment Insights
Based on property information with market context.
Located minutes from historic Taunton Green, this well-maintained three-family property offers stability and long-term value. The property includes units with 3 and 2 bedrooms. The units are occupied by long-term tenants. The property has an immaculate yard, a well-kept exterior, and ample off-street parking. The building has a size of 2237 square feet. This property may be purchased as part of a larger portfolio with 38 Adams Street, 40 Adams Street, and 46 Adams Street.
Key Highlights
- Ideal investment property with immediate, reliable income from long‑term tenants.
- Well‑maintained three‑family property reflecting years of attentive ownership.
- Convenient location just minutes from historic Taunton Green.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,977
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$799,540
$799.5K
Cap Rate 7%
$571,100
$571.1K
Cap Rate 9%
$444,189
$444.2K
Market Conditions
NOI Build-Up for 2,237 SF
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.
Gross rent
$61.7K $27.60/SF
− Vacancy
−$4.6K −$2.07/SF
EGI
$57.1K $25.53/SF
− OpEx
−$17.1K −$7.66/SF
NOI
$40.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$799,540
Cap Rate 7%
$571,100
Cap Rate 9%
$444,189
Alternative Uses
Best Use
Multifamily LT 5
$571.1K
$499.7K – $666.3K
NOI $39,977 @ 7.0% cap · market cap 5.51%
Second Best
Apartment 5plus
$530.8K
$464.4K – $619.2K
NOI $37,153 @ 7.0% cap · market cap 5.12%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,361 @ 7.0% cap · market cap 13.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,402
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-family property near Taunton Green with long-term tenants.
Where is this triplex located?
The property is located at 46 Adams Street Taunton, MA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Ideal investment property with immediate, reliable income from long‑term tenants.; Well‑maintained three‑family property reflecting years of attentive ownership.; Convenient location just minutes from historic Taunton Green.
