Three-Unit
New
For Sale
$649,900
99 Winthrop Street, Taunton, MA 02780
Two three-bedroom apartments and a one-bedroom third-floor unit provide a flexible residential configuration.
Property Size2,196 SF
Price / SF$295.95
Days on Market6
Property Features for 99 Winthrop Street
General Information
Standard status
Active
Size
2,196 SF
Property subtype
Multi-family
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 3BR, 1 x 1BR
Multifamily Units
3
Building Details
Year Built
1900
Listing Agency:
RE/MAX Real Estate Center
Listed By:
Matos Home Team
(774) 222-6695
Source:
Lindorealtygroup
Added: Sep 30
Changed: Oct 4
Last Checked: Oct 4 at 10:17AM
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 RE/MAX Real Estate Center
Investment Insights
Based on property information with market context.
This triplex contains three apartments: two with three bedrooms each and a one-bedroom unit on the third floor. The second-floor apartment is vacant. Vinyl windows and siding, separate utilities, and three gas furnaces and hot water heaters serve the property. Lead compliance certificates are in place.
Built in 1900, the property is in Taunton, near Taunton Green. Route 138, Route 140, public transportation, shopping, restaurants, and medical facilities are accessible from the location.
Built in 1900, the property is in Taunton, near Taunton Green. Route 138, Route 140, public transportation, shopping, restaurants, and medical facilities are accessible from the location.
Key Highlights
- Three apartments: two 3‑bedroom units and one 1‑bedroom third‑floor unit
- Second‑floor apartment is vacant
- Three gas furnaces and hot water heaters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,245
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,900
$784.9K
Cap Rate 7%
$560,643
$560.6K
Cap Rate 9%
$436,056
$436.1K
Market Conditions
NOI Build-Up for 2,196 SF
Gross rent
$60.6K $27.60/SF
− Vacancy
−$4.5K −$2.07/SF
EGI
$56.1K $25.53/SF
− OpEx
−$16.8K −$7.66/SF
NOI
$39.2K $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%
$784,900
Cap Rate 7%
$560,643
Cap Rate 9%
$436,056
Alternative Uses
Best Use
Multifamily LT 5
$560.6K
$490.6K – $654.1K
NOI $39,245 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$521.0K
$455.9K – $607.9K
NOI $36,472 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,613 @ 7.0% cap · market cap 14.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,141
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
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Frequently Asked Questions
What type of property is this?
Triplex - Two three-bedroom apartments and a one-bedroom third-floor unit provide a flexible residential configuration.
Where is this triplex located?
The property is located at 99 Winthrop Street Taunton, MA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Three apartments: two 3‑bedroom units and one 1‑bedroom third‑floor unit; Second‑floor apartment is vacant; Three gas furnaces and hot water heaters
