
248 Somerset Ave Taunton — Photo 1 of 36
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
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Taunton, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Washer/Dryer • Oven • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Medical Facility • Laundromat • Highway Access
Geography
Property History
$599,000
Sep 5, 2026
MLS® 73572323
$2,300
Jun 15, 2026
MLS® 73531177
$574,900
Jun 15, 2026
MLS® 73493742
$2,300
Jun 5, 2026
MLS® 73531177
$574,900
Mar 28, 2026
MLS® 73493742
$599,900
Mar 25, 2026
MLS® 73472527
$599,900
Jan 26, 2026
MLS® 73472527
$2,200
Mar 10, 2025
MLS® 73331950
$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 Agent: Kobe Lomba
Listing Office: Lomba Realty Group, Inc.
MLS® Number: 73572323
Open Houses
Browse More Homes in Taunton
Explore other active listings in the area.
$479,0003 Crossman Street Unit ATaunton, MA3 bd3 ba1,418 sqft
$564,90044 Jonathan WayTaunton, MA3 bd2 ba1,639 sqft
$499,90048 Anawan StTaunton, MA4 bd2 ba1,760 sqft
$450,000138 Fremont StTaunton, MA5 bd1 ba1,482 sqft
$499,900551 Tremont StTaunton, MA3 bd2 ba2,400 sqft
$579,9001 Precinct StTaunton, MA3 bd2 ba1,412 sqft
