248 Somerset Ave, Taunton MA 02780
Taunton, MA 02780 • Weir Village
$599,000
Est. $3,743/month
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Open House Schedule
12
Sep
Saturday, September 12
11:00 AM - 1:00 PM EDT
About this home
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.
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Recently Sold Nearby
Property History
Market Insights
6.5%
Price Range
1
Previous Sales
Property Timeline
Listed for Sale
Sep 5, 2026
$599,000
Original listing
Office: Lomba Realty Group, Inc.
Previous Transaction - MLS #73239627
Full transaction history available when tracking began
Previously Sold
Jul 12, 2024
$560,000
MLS #73239627
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/05/2026 | 🏠 Listed for Sale | $599,000 | - | - | Original listing |
| 07/12/2024 | 🏷️ Previously Sold | $560,000 | - | - | MLS #73239627 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $6,165 | $553,400 |
Financial Details
Annual Property Tax
$6,165
Tax Year 2026
Assessed Value
$553,400
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1890
Living Area
1,354 sq ft
Lot Size
0.13 acres
Stories
2
Bedrooms
5
Full Baths
2
Total Rooms
9
Investment Metrics
Units
2
Unit 1 Rent
$2,300/mo · Y
Unit 2 Rent
$2,250/mo · Y
Total Monthly Rent
$4,550/mo
Gross Income
$53,700
Net Operating Income
$54,600
Cap Rate
9.12%
Interior
Heating
Natural Gas
Cooling
Window Unit(s)
Flooring
Vinyl, Hardwood
Appliances
Washer/dryer, Oven, Microwave, Refrigerator
Fireplace
None
Basement
Full, Concrete
Laundry
Electric Dryer Hookup, Washer Hookup
Features
Storage, Pantry, Stone/granite/solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Ceiling Fan(s), Cathedral/vaulted Ceilings, Kitchen, Living Rm/dining Rm Combo, Living Room
Exterior
Construction
Conventional (2x4-2x6)
Architecture
None
Roof
Shingle
Features
Balcony/deck, Rain Gutters
Pool
None
Spa
None
Fencing
Fenced/enclosed, Fenced
Patio/Porch
Deck - Composite
Parking
Features
Paved Drive, Shared Driveway, Off Street, Common, Driveway, Paved
Total Spaces
4
Utilities
Electric
Circuit Breakers, 100 Amp Service, Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Oven, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$6,165
Assessed Value
$553,400
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Property Is Being Sold As-is. Buyer And Buyer’s Agent To Perform All Due Diligence.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Beige
Sq Ft Source
Public Record
Documents
None
County
Bristol
Total market time (incl. prior listings)
1 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1890
Bedrooms
5
Full Bathrooms
2
Living Area
1,354 sq ft
Total Rooms
9
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,354 sq ft above grade
0 sq ft below grade
Display Options
Outdoor Areas
Patio & porchDeck - Composite
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Vinyl, Hardwood
Appliances:
Washer/Dryer, Oven, Microwave, Refrigerator
Interior Features:
Storage, Pantry, Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Ceiling Fan(s), Cathedral/Vaulted Ceilings, Kitchen, Living RM/Dining RM Combo, Living Room
Windows:
Skylight(s), Insulated Windows
Basement:
Full, Concrete
Laundry:
Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1890
Structure Type:
Exterior Materials:
Conventional (2x4-2x6)
Roof:
Shingle
Foundation:
Stone
Stories:
2
Heating, Cooling & Utilities
Heating:
Natural Gas
Heating Zones:
2
Cooling:
Window Unit(s)
Hot Water:
Natural Gas, Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Thermostat
Exterior & Lot
Exterior Features:
Balcony/Deck, Rain Gutters
Patio & Porch:
Deck - Composite
Fencing:
Fenced/Enclosed, Fenced
Other Structures:
Shed(s)
Lot Features:
Cleared, Gentle Sloping
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Paved Drive, Shared Driveway, Off Street, Common, Driveway, Paved
Nearby Schools
School information not available for this location.
Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$514
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
Weir Village
248 Somerset Ave, Taunton MA 02780
Taunton, MA 02780
Listing Information
Listing Agent
Kobe Lomba
Listing Office
Lomba Realty Group, Inc.
Office Phone
617-981-2149
Agent MLS ID
CN263586
Office MLS ID
AN2336
Listing Data Updated
Sep 6, 2026 3:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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