3-Unit Multifamily
For Sale
$625,000
Pending
64 Oak St, Taunton, MA 02780
Six bedrooms span two ground-level residences and one upper-level residence with established occupancy.
Property Size2,135 SF
Days on Market51
Property Features for 64 Oak St
General Information
Standard status
Pending
Size
2,135 SF
Property subtype
Investment
Occupancy
100%
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$5,484
Amenities
coin-operated laundry
fenced yard
shed
off-street parking
walkout basement
Building Details
Building Size
2,135 SF
Year Built
1900
Stories
4
Units
3
Listing Agency:
Milestone Realty, Inc.
Listed By:
Brian Dasilva
(508) 962-0600
Source:
Elliman
Added: Sep 10
Changed: Oct 25
Last Checked: Oct 28 at 10:38AM
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 Milestone Realty, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-unit multifamily property at 64 Oak St in Taunton includes six bedrooms arranged among two first-floor residences and one second-floor residence. The building is fully occupied and supported by long-term tenants, with separate utilities, a house meter, and coin-operated laundry. A newer roof adds to the property's recent improvements.
The walkout basement provides substantial storage, complemented by an additional shed. Exterior features include a fenced yard and off-street parking. Built in 1900, the property offers a practical three-unit configuration with established occupancy and supporting features for an income-producing residential asset.
The walkout basement provides substantial storage, complemented by an additional shed. Exterior features include a fenced yard and off-street parking. Built in 1900, the property offers a practical three-unit configuration with established occupancy and supporting features for an income-producing residential asset.
Key Highlights
- Three‑unit property with six bedrooms and full occupancy
- Two first‑floor units plus one second‑floor unit
- Separate utilities, house meter, and coin‑operated laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,155
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$763,100
$763.1K
Cap Rate 7%
$545,071
$545.1K
Cap Rate 9%
$423,944
$423.9K
Market Conditions
NOI Build-Up for 2,135 SF
Gross rent
$58.9K $27.60/SF
− Vacancy
−$4.4K −$2.07/SF
EGI
$54.5K $25.53/SF
− OpEx
−$16.4K −$7.66/SF
NOI
$38.2K $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 Rate 5%
$763,100
Cap Rate 7%
$545,071
Cap Rate 9%
$423,944
Alternative Uses
Best Use
Multifamily LT 5
$545.1K
$476.9K – $635.9K
NOI $38,155 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$506.6K
$443.2K – $591.0K
NOI $35,459 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,012 @ 7.0% cap · market cap 14.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
566
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Six bedrooms span two ground-level residences and one upper-level residence with established occupancy.
Where is this triplex located?
The property is located at 64 Oak St Taunton, MA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Three‑unit property with six bedrooms and full occupancy; Two first‑floor units plus one second‑floor unit; Separate utilities, house meter, and coin‑operated laundry
