Extremely Rare Multi-Unit Building with Tremendous Income Potential!!!! First Floor features of 2 Commercial Units, Second Floor offers (4) one bedroom rental apartments, Third & Fourth Floor consist of a 12 bedroom Rooming House..Both the 3rd and 4th floor have their own common kitchen area and full bathroom...This Building was Totally Remodeled back in 1991 due to a fire and a Brand New Sprinkler System was installed in 1995....When rented each Commercial Unit was being rented for $1,000/month, each 1-bedroom apartment was bringing in $700/month and each of the 12 bedrooms in the Rooming House portion varied from $135.00 to $150.00 per week...Other features include: Common Laundry Room, Maintenance-Free Vinyl Siding, and Many Updates to the Electrical System...The property is heated by one heating system and only has on-street parking....Calling All Investors!!!! Take advantage of 4 floors of Rent-able Space!
Off market
$1,055,700
56 Broadway, Taunton, MA 02780
16beds
7,324sqft
MultiFamily
Built in 1900
-- sqft lot
$1,055,700 Zestimate®
$144/sqft
$1,961 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
 - Bathrooms: 6
 - Full bathrooms: 6
 
Heating
- Other, Oil
 
Features
- Basement: Partially finished
 
Interior area
- Total interior livable area: 7,324 sqft
 
Property
Features
- Exterior features: Other
 
Lot
- Size: 3,484 sqft
 
Details
- Parcel number: TAUNM55L185U
 
Construction
Type & style
- Home type: MultiFamily
 
Materials
- Frame
 - Roof: Asphalt
 
Condition
- Year built: 1900
 
Community & neighborhood
Location
- Region: Taunton
 
Other
Other facts
- Basement Feature: Full, Concrete Floor
 - Exterior: Vinyl
 - Road Type: Public, Publicly Maint.
 - Roof Material: Asphalt/Fiberglass Shingles
 - Amenities: Shopping, Medical Facility, Laundromat, Highway Access
 - Foundation: Other (see Remarks)
 - Lot Description: Other (see Remarks)
 - Mf Type: 5+ Family - Rooming House
 
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Estimated market value
$1,055,700