Bruno Real Estate Advisors
RE/MAX Welcome Home  |  508-479-9499  |  info@brunorealestateadvisors.com

38-40 Mason St., Taunton, MA 02780

Multi-Family

$535,000
Price

5
Units
4,434
Approx. GLA
2 HOUSES ON 1 LOT! One building has 2 units and the other has 3 units. Great opportunity to own a 5 family investment Property for the experienced investor or owner occ. Unit 3 is now vacant ready for the new tenant and Rear 5th unit has been guttered to be rehabbed by new owner. Does not qualify for financing except Rehab Loan or commercial loan interest buyers to do due diligence and contact their lender prior to showing.
Open House
No scheduled Open Houses
Highlights
Basement Features: Full, Unfinished Basement
List Price: $535,000
Type: Multi-Family
Multi-Family Type: 5+ Family - 5+ Units Up/Down
Status: Active
Beds: 12
Baths: 5
Units: 5
Year Built: 1900
Approx. GLA: 4,434
MLS#: 72562334
 
Interior
Basement: Yes
Electric Features: Circuit Breakers
Heating Units: 5
Flooring: Tile, Vinyl, Wall to Wall Carpet
Rooms: 22
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Acres: 0.35
Lot Size: 15,246.00
Lot Description: Paved Drive
Foundation: Fieldstone
Parking Spaces: 8
Parking Features: Off-Street, Stone/Gravel
Road Type: Public, Paved
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range, for Electric Range
Exterior: Vinyl
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $288,200
Taxes: $4,531
Tax Year: 2018
Book/Page: 22184/121
Beach
Beach: No
Expenses
Gross Income: $63,000
Gross Expenses: $6,152
Total Rent: $5,250
Net Income: $45,600
Gas Cost: $500
Insurance Cost: $3,320
Sewer Cost: $1,408
Water Cost: $924
 
Additional
Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship, Private School, Public School
Disclosure Declaration: No
Disclosure: Buildings are in need of some TLC and minor repairs/improvements, Adjacent property had environmental remediation inquire for more info
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 No 1 $1,000
Unit 2 5 3 0 2 1 0 Yes 1 $1,500
Unit 3 5 3 0 1 1 0 No 1 $1,450
Unit 4 5 3 0 2 1 0 Yes 1 $1,300
Units Extras
Unit 1
Applicances:  Range, Refrigerator  Heating:  Oil  Interior:  Stone/Granite/Solid Counters, Bathroom With Tub, Ceiling Fans  Rooms:  Living Room, Kitchen 
Unit 2
Applicances:  Range, Refrigerator  Heating:  Gas  Interior:  Wall to Wall Carpet, Ceiling Fans  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Heat, Electric, Gas, Hot Water  Applicances:  Range  Heating:  Gas  Interior:  Wall to Wall Carpet, Ceiling Fans  Rooms:  Living Room, Kitchen 
Unit 4
Applicances:  Range, Refrigerator  Heating:  Gas  Interior:  Bathroom With Tub, Wall to Wall Carpet, Ceiling Fans  Rooms:  Living Room, Kitchen 
The listing office is RE/MAX Welcome Home and the listing agent is Matos Home Team. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
 
Bruno Real Estate Advisors
Bruno Real Estate Advisors
RE/MAX Welcome Home