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$ 825,000
$ 750,000 10.0%
Est. payment /mo
Sold on 03/04/2025
580 Bay St Taunton, MA 02780
9 Beds
6 Baths
4,449 SqFt
UPDATED:
Key Details
Sold Price $825,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,449 sqft
Price per Sqft $185
MLS Listing ID 73318243
Bedrooms 9
Full Baths 6
Year Built 1900
Annual Tax Amount $6,703
Tax Year 2024
Lot Size 8,276 Sqft
Property Sub-Type 5-9 Family
Property Description
580 Bay Street consists of a three-story building containing six (6) residential units comprised of three (3), 2-Bedroom/1-Bathroom units and three (3), 1-Bedroom/1-Bathroom units with 4,449 square feet of living area in 6,470 total gross square feet. Situated on a 0.19-acre corner parcel of land, the property offers ample off-street parking for residents. All units are separately metered for electricity and gas-fired heat and hot water which the tenants pay directly. The Landlord is responsible for common area electric, and domestic water and sewer. All tenants are tenant-at-will. In-place rents are significantly below the current market rates; the opportunity exists to increase income via programmatic updates to the unrenovated units, common areas, and exterior to drive rental rates.
Location
State MA
County Bristol
Zoning URBRES
Interior
Heating Forced Air, Natural Gas
Exterior
Community Features Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Roof Type Shingle
Building
Lot Description Corner Lot
Story 9
Foundation Concrete Perimeter, Block
Sewer Public Sewer
Water Public
Listed by Horvath & Tremblay
Bought with Samuel Horton • Boston Connect Real Estate
Bought with Samuel Horton • Boston Connect Real Estate