Active
59 Days on market
551 Tremont St Taunton — Photo 1 of 28

551 Tremont St Taunton — Photo 1 of 28

Recent Drop: $29,100

$529,000
$499,900

$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.

View Standard Listing

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

Original Price$529,000
Annual Taxes$4,454

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms7
FireplacesNone
Flooring--
BasementFull, Crawl Space, Unfinished

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerInspection Required for Sale, Private Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
Zoning3.23

Property & Lot

Acres2.16
SqFt Lot94,090
Lot FeaturesWooded

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator

Neighborhood

Public Transportation • Medical Facility • Public School

Geography

Property History

Price Drop
$499,900

Was $529,000

Jul 24, 2026

MLS® 73550612

Listed
$529,000

Jul 15, 2026

MLS® 73550612

Listing Provided By

Listing Agent: Laura Fortin

Listing Office: Heritage Realty

MLS® Number: 73550612