Welcome to this charming and well-maintained two-family home in Taunton, offering space, character, and versatility. A great opportunity for first-time homebuyers, owner-occupants, or investors! The first-floor unit features three bedrooms, a spacious layout, and an abundance of natural light, while the second-floor unit offers two bedrooms and comfortable living space. Situated on a 0.34-acre lot, the property offers approximately 2,657 sq. ft. of living space. Separate utilities allow tenants to pay their own utility expenses, making this an attractive option for both owner-occupants and investors. A standout feature is the detached 26' x 26' two-car garage with a bonus room in the rear, offering plenty of space for vehicles, storage, a workshop, hobbies, or equipment. Another highlight is the inviting 3-season room, a wonderful spot to enjoy morning coffee, unwind, or simply relax. Additional features include wood shingle siding, ample off-street parking, and a full basement with a functioning kitchen and an additional room, providing valuable bonus space and flexibility. The walk-up attic offers excellent storage and additional possibilities. Outside, the spacious backyard provides plenty of room for entertaining, gardening, or relaxing. Conveniently located near Route 138, 40 Railroad Avenue offers easy access to shopping, dining, schools, parks, and major routes, presenting an appealing combination of space, versatility, and long-term potential.