Three-Unit Multifamily
New
For Sale
$750,000
9 Orchard Street, Taunton, MA 02780
Three residential units provide a flexible two-bedroom, two-bedroom, and one-bedroom configuration.
Property Size3,466 SF
Price / SF$216.39
Days on Market7
Property Features for 9 Orchard Street
General Information
Standard status
Active
Size
3,466 SF
Property subtype
Multi-family
Units
Unit Mix
2 x 2BR, 1 x 1BR
Multifamily Units
3
Additional Details
Public Transit
Yes
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Keller Williams Elite
Listed By:
Daniel Mansour Barbour
(413) 789-9830
Source:
Parksquarerealty
Added: Aug 26
Changed: Aug 31
Last Checked: Aug 31 at 8:45PM
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 Keller Williams Elite
Investment Insights
Based on property information with market context.
This 3,466-square-foot triplex contains three generously sized residential units, with two bedrooms on the first floor, two bedrooms on the second floor, and one bedroom on the third floor. Built in 1900, the property includes a two-car garage, off-street parking, a maintained yard, and a newer roof.
The home is positioned near Memorial Park and provides access to shopping, medical facilities, dining, entertainment, major routes, and the Taunton T Station. Its three-unit layout supports multifamily ownership, with the bedroom mix offering flexibility across the units.
The home is positioned near Memorial Park and provides access to shopping, medical facilities, dining, entertainment, major routes, and the Taunton T Station. Its three-unit layout supports multifamily ownership, with the bedroom mix offering flexibility across the units.
Key Highlights
- 3,466‑square‑foot triplex with three residential units
- Unit mix includes two bedrooms, two bedrooms, and one bedroom
- Two‑car garage with ample off‑street parking
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
$61,941
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
8.26%
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%
$1,238,820
$1.2M
Cap Rate 7%
$884,871
$884.9K
Cap Rate 9%
$688,233
$688.2K
Market Conditions
NOI Build-Up for 3,466 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
$95.7K $27.60/SF
− Vacancy
−$7.2K −$2.07/SF
EGI
$88.5K $25.53/SF
− OpEx
−$26.5K −$7.66/SF
NOI
$61.9K $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%
$1,238,820
Cap Rate 7%
$884,871
Cap Rate 9%
$688,233
Alternative Uses
Best Use
Multifamily LT 5
$884.9K
$774.3K – $1.03M
NOI $61,941 @ 7.0% cap · market cap 8.26%
Second Best
Apartment 5plus
$822.3K
$719.6K – $959.4K
NOI $57,564 @ 7.0% cap · market cap 7.68%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,751 @ 7.0% cap · market cap 19.70%
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
762
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 residential units provide a flexible two-bedroom, two-bedroom, and one-bedroom configuration.
Where is this triplex located?
The property is located at 9 Orchard Street Taunton, MA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3,466‑square‑foot triplex with three residential units; Unit mix includes two bedrooms, two bedrooms, and one bedroom; Two‑car garage with ample off‑street parking
