248 Somerset Ave Taunton — Photo 1 of 36
$599,000
Investment Analysis — 248 Somerset Ave
Taunton, MA 02780 — Weir Village
Based on rent reported on the MLS listing, a 2-unit multi-family in 02780 carries $4,550/mo in gross rent — about a 5.90% cap rate and $35,331/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2
SqFt
1,354
Style
2 Family - 2 Units Up/Down
Built
1890
Strong income-producing two-family located directly across from Memorial Park with major updates and long-term rental stability already in place. This property generates $4,550/month with Unit 1 leased through July 2027 and Unit 2 leased through April 2027. Recent improvements include a new heating system installed in 2022 and a new deck completed in 2024. The building offers gas heat, separate electric, off-street parking, and a rare 9-foot-ceiling basement with meaningful potential for future expansion or an additional unit. Washer/dryer hookup located in the basement. Situated in a strong rental area with convenient access to shopping, transit, and commuter routes, this turnkey asset delivers reliable cash flow with clear upside and low owner expenses. Buyer and buyer’s agent to perform all due diligence.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Interior Specifications
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Property & Lot
Amenities & Appliances
Washer/Dryer • Oven • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
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Property History
$599,000
Sep 5, 2026
MLS® 73572323
$2,300
Jun 15, 2026
MLS® 73531177
$574,900
Jun 15, 2026
MLS® 73493742
$2,300
Jun 5, 2026
MLS® 73531177
$574,900
Mar 28, 2026
MLS® 73493742
$599,900
Mar 25, 2026
MLS® 73472527
$599,900
Jan 26, 2026
MLS® 73472527
$2,200
Mar 10, 2025
MLS® 73331950
$2,200
Feb 3, 2025
MLS® 73331950
Listing Agent: Kobe Lomba
Listing Office: Lomba Realty Group, Inc.
MLS® Number: 73572323