$1,350,000
About this home
Excellent investment with future development potential! Featuring an 8-unit multifamily property with approximately 6,797 square feet of living area and strong existing cash flow. The unit mix consists of four 2-bedroom units, two 4-bedroom units, one 1-bedroom unit, and one studio apartment, providing a diverse rental mix. The property features new windows, ample off-street parking, and on-site coin-operated laundry. Several units have been recently updated, Beyond the existing income-producing building, the property sits on 1.21 acres that offers significant potential for future expansion, with preliminary concepts exploring the possibility of adding approximately 7, 20, or as many as 30 additional residential units, subject to zoning, permitting, engineering, and municipal approvals. This creates an opportunity for an investor or developer to acquire an established multifamily asset with immediate cash flow while pursuing additional density and long-term value. Conveniently located near area amenities, shopping, and major routes, this property offers a compelling combination of existing rental income, abundant off-street parking, unit diversity, and future development potential.
Property details
- MLS
- MLS Property Information Network
- MLS #
- 73590799
- Property type
- 5-9 Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 2
- On market date
- October 14, 2026
- Stories
- 8
- Total bathrooms
- 8.5
- Garage spaces
- N/A
- Parking spaces
- 14
- Lot size
- 1.21 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 817
- Student:teacher ratio
- 13.4:1
- District
- Taunton
- Enrollment
- 739
- Student:teacher ratio
- 14.8:1
- District
- Taunton
- Enrollment
- 72
- Student:teacher ratio
- 14.4:1
- District
- Taunton
Walkability
Blended score for Taunton's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Taunton, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.