Active
4 Days on market
248 Somerset Ave Taunton — Photo 1 of 36

248 Somerset Ave Taunton — Photo 1 of 36

$599,000

248 Somerset Ave, Taunton, MA 02780

Taunton, MA 02780 — Weir Village

Beds

5

Baths

2

SqFt

1,354

Style

2 Family - 2 Units Up/Down

Built

1890

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.

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$442/sqft
Local Avg (Taunton)$277/sqft
60% AboveMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Taunton, MA.

Property Details

Financials

Original Price$599,000
Annual Taxes$6,165

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms9
FireplacesNone
FlooringVinyl, Hardwood
BasementFull, Concrete

Climate & Utilities

HeatingNatural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionConventional (2x4-2x6)
RoofShingle
FoundationStone
Zoning3.31

Property & Lot

Acres0.13
SqFt Lot5,663
Lot FeaturesCleared, Gentle Sloping

Amenities & Appliances

Washer/Dryer • Oven • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access

Geography

Property History

Listed
$599,000

Sep 5, 2026

MLS® 73572323

Sold
$2,300

Jun 15, 2026

MLS® 73531177

Terminated
$574,900

Jun 15, 2026

MLS® 73493742

Listed
$2,300

Jun 5, 2026

MLS® 73531177

Listed
$574,900

Mar 28, 2026

MLS® 73493742

Terminated
$599,900

Mar 25, 2026

MLS® 73472527

Listed
$599,900

Jan 26, 2026

MLS® 73472527

Terminated
$2,200

Mar 10, 2025

MLS® 73331950

Listed
$2,200

Feb 3, 2025

MLS® 73331950

Population

53,461

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$74K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

41.0%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Bristol County

1,041 housing units permitted in the last 12 months (+36% vs the prior 12 months) — 481 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Kobe Lomba

Listing Office: Lomba Realty Group, Inc.

MLS® Number: 73572323

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