
551 Tremont St Taunton — Photo 1 of 28
Recent Drop: $29,100
$499,900
Investment Analysis — 551 Tremont St
Taunton, MA 02780
Based on HUD Small Area Fair Market Rent for Taunton-Mansfield-Norton, MA HUD Metro FMR Area, a 3-bedroom in 02780 carries an estimated $2,610/mo in gross rent — about a 3.87% cap rate and $19,349/yr in estimated NOI at the $499,900 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
2
SqFt
2,400
Style
Single Family
Built
1877
Opportunity awaits on this 2.16-acre property! Major renovations have already been completed, including a stunning open-concept kitchen including new GE Cafe' line appliances, custom cabinetry with soft close drawers, oversized kitchen island with seating for six and prep sink. New bathroom with double sinks and oversized vanity, new flooring throughout, new roof, electrical, central A/C, new windows, and partially completed new siding. The second floor has been taken down to the studs and is ready for your finishing touches. The planned layout includes another 2 bedrooms, a full bath, and an office, offering the opportunity to customize the space to your needs. Outside, multiple buildings provide abundant storage, workshop space, or room for hobbies and equipment. Property is being sold AS IS. A great opportunity to complete the renovation and build equity!
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,400 sq ft principal dwelling). Lot size: 94,090 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator
Neighborhood
Public Transportation • Medical Facility • Public School
Geography
Property History
$499,900
Was $529,000
Jul 24, 2026
MLS® 73550612
$529,000
Jul 15, 2026
MLS® 73550612
Listing Agent: Laura Fortin
Listing Office: Heritage Realty
MLS® Number: 73550612