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Brick Apartment Building Portfolio

6 Weir Street Taunton, MA 02780

6 Weir Street, Taunton, MA, 02780
$1,850,000
For Sale
$1,850,000

Portfolio includes a 12-unit apartment building with all 1-bedroom, 1-bath units.

Property Size7,866 SF
Price / SF$235.19
Days on Market224

Property Features for 6 Weir Street

General Information

Standard status
Active
Size
7,866 SF
Property subtype
Multi-family / 5-9 Family

Building Details

Year Built
1900
Listing agency Carl Christie
Listed by Carl Christie · License #9521806
Source Compass
Added: Dec 10, 2025 Updated: Jul 21 at 1:13AM Checked: Jul 21 at 1:13AM

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 Carl Christie


Investment Insights

Based on property information with market context.

This portfolio offering features a brick apartment building containing 12 apartments. The units are configured as one-bedroom, one-bath layouts.

6 Weir St. is located in downtown Taunton, with the property described as being near shops, restaurants, and public transit.

The offering materials state a going-in cap rate of 6.7% based on current rents, and note potential for short-term upside through rent increases. For additional details, please refer to the firm remarks.

Key Highlights

  • Portfolio offering: 6 Weir St., a 12‑unit apartment building in downtown Taunton
  • All units are 1‑bedroom, 1‑bath apartments (12 total)
  • Going‑in cap rate of 6.7% based on current 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 $254.9k $32.40
− Vacancy −$17.3k −$2.20
EGI $237.5k $30.20
− OpEx −$106.9k −$13.59
NOI $130.6k $16.61
7,866 SF · lease $32.40/SF/yr · vacancy 6.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.87M
$1.63M – $2.18M (±1% cap)
NOI $130,640 @ 7.0% cap · market cap 7.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.79M
$4.19M – $5.59M (±1% cap)
NOI $335,318 @ 7.0% cap · market cap 18.13%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

SuBZeRo Heating & Air ... HVAC Service

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility Home Appliance Store Catering Service Acupuncture Cafe & Coffee Shop Garden Center Bakery Pet Grooming Service

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

FAQs

What type of property is this?
Apartment building - Portfolio includes a 12-unit apartment building with all 1-bedroom, 1-bath units.
Where is this apartment building located?
The property is located at 6 Weir Street Taunton, MA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Portfolio offering: 6 Weir St., a 12‑unit apartment building in downtown Taunton; All units are 1‑bedroom, 1‑bath apartments (12 total); Going‑in cap rate of 6.7% based on current rents
Contact an agent
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