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248 Somerset Ave, Taunton MA 02780

Taunton, MA 02780
$589,000
Est. $3,577/month
5
Beds
2
Baths
1,354
Sq Ft
$435
Price/Sq Ft
0.13
Acres
1890
Year Built
4 hours 32 minutes
Time on Market
Active Listed Mar 31, 2026 • MLS# 73493742 Copied!

About this home

This home is the perfect opportunity for an owner-occupant looking to offset their mortgage while building long-term equity. Close to all amenities and directly across from a park, this well-maintained 2-family offers both convenience and strong income potential.The property features 5 bedrooms and 2 full bathrooms. Unit 1 is currently vacant and was recently rented for $2,500/month, making it ideal for an owner to move right in or secure a new tenant at market rent. Unit 2 is leased through April 2027, generating $2,250/month for half the year and $2,100/month for the remaining months, providing stable, long-term income.Recent updates include a newly renovated deck (2024) and a new furnace (2022). The basement offers 9 feet ceilings, making it perfect for storage or potential future living space expansion.Whether you’re looking to live in one unit and rent the other or just add to your real estate portfolio, this is a rare opportunity in a sought after area ad priced to sell!

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Property Overview

Property Type
Multi Family
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

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1890
Living Area 1,354 sq ft
Lot Size 0.13 acres
Bedrooms 5
Full Baths 2
Total Rooms 9

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Partial, Unfinished
Laundry None
Features None

Exterior

Construction Stone
Architecture None
Roof Wood
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck - Wood

Parking

Features Paved Drive, Shared Driveway, Off Street
Total Spaces 4

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,786
Assessed Value $437,500

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Partial, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials: Stone
Roof: Wood
Foundation: Concrete Perimeter
Stories: 2

Heating, Cooling & Utilities

Heating:
Heating Zones: 2
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Deck - Wood
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Shared Driveway, Off Street

Location

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Neighborhood

248 Somerset Ave, Taunton MA 02780

Taunton, MA 02780

Walkability

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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 $399
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

Interest
Principal
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.

Property History

Market Insights

4.9%
Price Range
1
Previous Sales

Property Timeline

🏠
Listed for Sale
Mar 31, 2026
$589,000
Original listing
Agent: Rachel Lomba 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

Price & Status History

Date Event Price Change
Mar 31, 2026 New Listing Added $589,000
Jul 12, 2024 Sold $560,000

Market Statistics

Time on Market
4 hours 32 minutes
Price per Sq Ft
$435

Tax History

Year Taxes Assessment
2025 $4,786 $437,500

Financial Details

Annual Property Tax
$4,786
Tax Year 2025
Assessed Value
$437,500

Listing Information

Listing Agent Rachel Lomba
Listing Office Lomba Realty Group, Inc.
Agent MLS ID BB809867
Office MLS ID AN2336
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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Market Analytics for Taunton, MA

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