Three-Story Multifamily with
6 Exeter Street Taunton, MA 02780
6 Exeter Street, Taunton, MA, 02780
Contact for pricing
For Sale
Contact for pricing
Six-unit apartment building with off-street parking, a three-bay garage, and recent driveway improvements on a 9,583 sq.-ft. site.
Property Size4,440 SF
Lot Size0.22 Acres
Price / SF$224.10
Days on Market26
Property Features for 6 Exeter Street
General Information
- Standard status
- Active
- Size
- 4,440 SF
- Lot size
- 0.22 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1900
Listing Agency
United Multi Family Corporation
Listed by
Richard Cawley · License #MA 134301
Source
Crexi
Added: Jun 22 Checked: Jul 17 at 2:28 pm
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 United Multi Family Corporation
Investment Insights
Based on property information with market context.
This three-story, vinyl-sided apartment building was constructed in 1900 and contains 6 units totaling 4,440 rentable square feet. The unit mix is 3 two-bedroom apartments and 3 one-bedroom apartments. The property includes off-street parking for 6 cars and a 3-bay garage that generates additional income. The building is described as well-maintained, with a recent new asphalt driveway installed less than a year ago. According to the owner, the units underwent various renovations over the past 10 years.
The apartments are located at 6, 8, and 10 Exeter Street in Taunton, Massachusetts, on a 9,583 square foot site. The neighborhood is characterized by a mix of single-family homes, multifamily properties, and neighborhood-serving businesses. The area provides convenient access to downtown Taunton, local employment centers, retail amenities, schools, and public services.
For investors or buyers seeking a small multifamily asset, this property offers a straightforward 1- and 2-bedroom configuration within one building. The combination of off-street parking and an income-producing garage can support day-to-day resident needs and diversify potential revenue streams. Recent exterior site work and documented unit renovations over the past decade may appeal to operators planning continued upkeep and tenant turnover.
The apartments are located at 6, 8, and 10 Exeter Street in Taunton, Massachusetts, on a 9,583 square foot site. The neighborhood is characterized by a mix of single-family homes, multifamily properties, and neighborhood-serving businesses. The area provides convenient access to downtown Taunton, local employment centers, retail amenities, schools, and public services.
For investors or buyers seeking a small multifamily asset, this property offers a straightforward 1- and 2-bedroom configuration within one building. The combination of off-street parking and an income-producing garage can support day-to-day resident needs and diversify potential revenue streams. Recent exterior site work and documented unit renovations over the past decade may appeal to operators planning continued upkeep and tenant turnover.
Key Highlights
- 6‑unit multifamily building at 6‑8‑10 Exeter Street with 3 one‑bedroom units and 3 two‑bedroom units
- Built in 1900; three‑story vinyl‑sided structure with 4,440 rentable SF total
- Set on a 9,583 sq‑ft site with off‑street parking for 6 cars
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 | $143.9k | $32.40 |
| − Vacancy | −$9.8k | −$2.20 |
| EGI | $134.1k | $30.20 |
| − OpEx | −$60.3k | −$13.59 |
| NOI | $73.7k | $16.61 |
4,440 SF · lease $32.40/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.05M
$921.8K – $1.23M
NOI $73,741 @ 7.0% cap · market cap 7.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.70M
$2.37M – $3.15M
NOI $189,272 @ 7.0% cap · market cap 19.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Six-unit apartment building with off-street parking, a three-bay garage, and recent driveway improvements on a 9,583 sq.-ft. site.
Where is this apartment building located?
The property is located at 6 Exeter Street Taunton, MA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 6‑unit multifamily building at 6‑8‑10 Exeter Street with 3 one‑bedroom units and 3 two‑bedroom units; Built in 1900; three‑story vinyl‑sided structure with 4,440 rentable SF total; Set on a 9,583 sq‑ft site with off‑street parking for 6 cars
