Turnkey Three-Family Residential
For Sale
$829,900
79 Kilmer Ave, Taunton, MA 02780
Well-maintained three-family building with updated systems, deed-lead certified units, off-street parking, and full basement storage.
Property Size2,721 SF
Lot Size0.50 Acres
Price / SF$304
Days on Market147
Property Features for 79 Kilmer Ave
General Information
Standard status
Active
Size
2,721 SF
Total Parking Spaces
8
Lot size
0.50 Acres
Property subtype
Multi-Family
Zoning
URBRES
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$8,356
Amenities
full basement
separate-entry storage area
false
Heat Pump
Central, Baseboard, Natural Gas
Vinyl / VCT, Carpet, Wood
ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, Range, Microwave, Refrigerator
Kitchen, Living RM/Dining RM Combo
No
Shingle
Rain Gutters
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, House of Worship, Public School, Sidewalks
for Electric Range, for Electric Oven
8
Building Details
Year Built
1900
Year Renovated
2017
Stories
3
Listing Agency:
Cape Landing Real Estate
Listed By:
Gary Asack
(508) 208-1159
Source:
Arborviewrealtyinc
Added: Apr 15
Changed: Sep 5
Last Checked: Aug 25 at 3:02AM
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 Cape Landing Real Estate
Investment Insights
Based on property information with market context.
This well-maintained three-family property is offered as a turnkey investment with certified de-leaded units. The building was originally updated in 2017 and features a newer roof and vinyl siding, along with replacement windows with blinds. Interior improvements include updated plumbing, electrical, and gas heating systems, updated flooring, and renovated kitchens and bathrooms.
The first-floor unit includes three bedrooms, a living room, kitchen, and a full bath. The second-floor unit includes two bedrooms, a living room, kitchen, and a full bath. The third-floor unit offers two bedrooms, a full bath, and a spacious kitchen/living room combo.
Additional features include ample off-street parking, a separate-entry storage area, and a full basement providing storage and utility space. Located in Taunton, Massachusetts, the property is described as being in a quiet yet convenient neighborhood.
The first-floor unit includes three bedrooms, a living room, kitchen, and a full bath. The second-floor unit includes two bedrooms, a living room, kitchen, and a full bath. The third-floor unit offers two bedrooms, a full bath, and a spacious kitchen/living room combo.
Additional features include ample off-street parking, a separate-entry storage area, and a full basement providing storage and utility space. Located in Taunton, Massachusetts, the property is described as being in a quiet yet convenient neighborhood.
Key Highlights
- Well‑maintained 3‑family property with deed‑lead certified units
- Originally updated in 2017 with newer roof, vinyl siding, and replacement windows with blinds
- Updates include plumbing, electrical, and gas heating systems, plus flooring and renovated kitchens and bathrooms
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
$48,627
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
5.86%
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%
$972,540
$972.5K
Cap Rate 7%
$694,671
$694.7K
Cap Rate 9%
$540,300
$540.3K
Market Conditions
NOI Build-Up for 2,721 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
$75.1K $27.60/SF
− Vacancy
−$5.6K −$2.07/SF
EGI
$69.5K $25.53/SF
− OpEx
−$20.8K −$7.66/SF
NOI
$48.6K $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%
$972,540
Cap Rate 7%
$694,671
Cap Rate 9%
$540,300
Alternative Uses
Best Use
Multifamily LT 5
$694.7K
$607.8K – $810.5K
NOI $48,627 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$645.6K
$564.9K – $753.2K
NOI $45,191 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$1.66M
$1.45M – $1.93M
NOI $115,993 @ 7.0% cap · market cap 13.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
180
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 - Well-maintained three-family building with updated systems, deed-lead certified units, off-street parking, and full basement storage.
Where is this triplex located?
The property is located at 79 Kilmer Ave Taunton, MA.
What is the asking price?
The asking price for this property is $829,900.
What are key features of this property?
This property features: Well‑maintained 3‑family property with deed‑lead certified units; Originally updated in 2017 with newer roof, vinyl siding, and replacement windows with blinds; Updates include plumbing, electrical, and gas heating systems, plus flooring and renovated kitchens and bathrooms
