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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.

More Info

Basic Information

  • Gross Income $53,700
  • Lot Features Cleared, Gentle Sloping
  • Mls StatusNew
  • Parcel Number M:0078 B:0000 L:04310,2977669
  • Rent Includes Unit 1(Heat, Water), Unit 2(Heat, Water)
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $553,400
  • Tax Year 2026
  • Taxes$6,165

School Information

  • Elementary SchoolGalligan
  • High SchoolTaunton
  • High School Taunton High
  • Junior HighParker

Parking

  • Open Parking YN Yes
  • Parking Features
    • Common
    • Driveway
    • Off Street
    • Paved
    • Paved Drive
    • Shared Driveway
  • Parking Spaces4

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms5
  • Full Bath2

Basic Information

  • List Price$599,000
  • MLS Number73572323
  • Modification Date09/06/2026
  • Property SubType2 Family - 2 Units Up/Down

Location

  • Address248 Somerset Avenue
  • Building Number248
  • CountyBristol
  • NeighborhoodWeir Village
  • StateMA
  • StreetSomerset Avenue
  • SubdivisionWeir Village
  • TownTaunton
  • Zip02780

Building

  • BasementFull, Concrete
  • Building Area Units Square Feet
  • Construction Materials Conventional (2x4-2x6)
  • Door Features Insulated Doors
  • FoundationStone
  • Levels 2
  • Patio And Porch Features Deck - Composite
  • Rooms9
  • Stories2
  • Units2
  • Utilities For Electric Oven, For Electric Dryer, Washer Hookup
  • Window Features Skylight(s), Insulated Windows
  • Year Built1890
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.13
  • Other Structures Shed(s)

Interior

  • Flooring Vinyl, Hardwood
  • Interior Features
    • Bathroom With Tub & Shower
    • Cathedral/Vaulted Ceilings
    • Ceiling Fan(s)
    • Kitchen
    • Living RM/Dining RM Combo
    • Living Room
    • Pantry
    • Stone/Granite/Solid Counters
    • Storage
    • Upgraded Cabinets

Exterior

  • Exterior Features Balcony/Deck, Rain Gutters
  • Fencing Fenced/Enclosed, Fenced
  • RoofShingle

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Electric Circuit Breakers,100 Amp Service, Individually Metered
  • Heat SystemYes
  • Heating Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 1,354
  • Lot Size Square Feet 5,663
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet1,354

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public Transportation
    • Shopping
  • Appliances IncludedWasher/Dryer, Oven, Microwave, Refrigerator
  • Green Energy Efficient Thermostat
  • Other AmenitiesBasement

Legal

  • Zoning3.31

Other

  • Date Listed09/05/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Kobe Lomba of Lomba Realty Group,Inc.

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