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Off market
  • Price Unknown

    22 Cedar St, Taunton, MA 02780

    13beds
    5,458sqft
    5+ Family - 5+ Units Up/Down
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $2,819 Estimated rent

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    What's special

    PROFITABLE income property with "potential for greater income" by bringing the rents up to market rate. Building will be fully rented and cash flowing. Low to no yard maintenance provides a cost savings. Five of the five units are TAW leaving room for increased revenue. Eight (8) SECURITY cameras on site with DVR stored in utility room in secured basement. Great down town neighborhood is currently being revitalized by Taunton's "Business Improvement District" initiative adding value to the area at no cost to you. rubber roof 2009, Area in Basement for coin-op laundry (current machines to convey with property and are non functioning). Average annual gross income is $96,000, Vacancy allowance of 6% ($5,760) with a current NOI of $74,900 and a cap rate of 8.86%, Building has Full Letter of Lead compliance and will be attached to MLS. New windows, New vinyl exterior, new doors (interior and exterior) installed in 2019, Five new direct vent / High efficiency combo systems 2020

    Zillow last checked: 7 hours ago

    Listing updated: September 29, 2022 at 06:06pm

    Listed by:

    Tony Melo,

    Trident Realty Group

    Bought with:

    David Lenger

    eXp Realty

    Source: MLS PIN,MLS#: 72993041

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 5
    • Full bathrooms: 5
    Features
    • Flooring: Wood, Vinyl, Carpet, Laminate
    • Doors: Insulated Doors, Storm Door(s)
    • Windows: Insulated Windows
    • Basement: Full,Concrete
    • Has fireplace: No
    Interior area
    • Total structure area: 5,458
    • Total interior livable area: 5,458 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Off Street
    Features
    • Patio & porch: Porch, Deck
    • Has view: Yes
    • View description: City View(s)
    Lot
    • Size: 6,534 sqft
    • Features: Level
    Details
    • Parcel number: M:66 L:88 U:,2971119
    • Zoning: CENBIZ

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Family - 5+ Units Up/Down
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Rubber
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Gas Range, for Electric Range

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
    Location
    • Region: Taunton

    HOA & financial

    Other financial information
    • Total actual rent: 8000

    Other

    Other facts
    • Road surface type: Paved