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.
Property Features
Parking
Paved
Shared Driveway
Off Street
Common
Driveway
House Interior
Storage
Pantry
Ceiling Fan(s)
Cooling Information
Window Unit(s)
Ceiling Fan(s)
Heating Information
Natural Gas
Zoned
Basement
Full
Concrete
Water Features
Public
School Information
School Information for 248 Somerset Ave, Taunton, MA 02780
Elementary School
Galligan
Middle School
Parker
High School
Taunton High
Listing Courtesy: Lomba Realty Group, Inc. - 617-981-2149