Investors take note of this conveniently located enormous 8 unit residential rental property with access to route 44, 24, 495 and 195. Over 13k in monthly income plus coin op laundry for added revenue. Potential to build more units on an over 2 acre lot. No expense was spared in the complete restructuring and remodeling of this expansive building. Granite kitchens, remodeled bathrooms, updated heating/cooling, plumbing, wiring, flooring, windows and more. Many units boast modern open floor plans with high ceilings and exposed beams. 20+ parking spaces and a private entrance leads to lower level bonus owner's office with half bath room and tons of storage. This is a turn key investment. Make your appointment today!
Multi-familyProperty Type
1900Year Built
2.17 acresLot Size
$242Price/Sq.Ft.
21 spacesParking
Listed by Nicholas Medis• RE/MAX Synergy
Bought with Ian Halpin• Lauchlin Real Estate Group
Welcome to the historic "CARRIAGE HOUSE". Special Permit in hand and renovations underway to convert to an 8-Unit apartment building consisting of 2-Two Bedroom, 5-One Bedroom and 1-Studio. Heated rentable space 5389sf. Heated common space 189sf Total Heated space 5557sf. Lower Level coin-op laundry room. BEING SOLD FULLY COMPLETED! Beautiful building in a fabulous location near everything. PROJECTED ANNUAL INCOME $136,560 EXPENSES $34,338. NET ANNUAL INCOME BEFORE DEBT SERVICE $102,222. Currently 3-tenants in place generating $3,100/month income while under renovation. Building history, building plans, site plan and projected rent roll/expenses in detail available to bona fide interested buyers. CURRENT ZONING WOULD ALLOW, BY SPECIAL PERMIT, THE CONSTRUCTION OF A SECOND BUILING WITH UP TO 17-ADDITIONAL APARTMNETS UNITS.
Public Records
Jul 27, 2004
Sold
$750,000
$122/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$8,570 (+18.1%)
$151,800 + $559,400
$711,200
2022
$7,258 (+10.8%)
$117,700 + $433,000
$550,700
2021
$6,553 (+5.8%)
$107,000 + $354,500
$461,500
2020
$6,192 (+4.9%)
$107,000 + $309,700
$416,700
2019
$5,902 (+1.8%)
$148,500 + $226,000
$374,500
2018
$5,799 (−2.8%)
$148,400 + $220,500
$368,900
2017
$5,968 (+2.6%)
$189,800 + $190,100
$379,900
2016
$5,819
$186,600 + $184,500
$371,100
Tax history for 54 Longmeadow Rd
Year
Property tax
Land + Additions
Assessment*
2023
$8,570 (+18.1%)
$151,800 + $559,400
$711,200
2022
$7,258 (+10.8%)
$117,700 + $433,000
$550,700
2021
$6,553 (+5.8%)
$107,000 + $354,500
$461,500
2020
$6,192 (+4.9%)
$107,000 + $309,700
$416,700
2019
$5,902 (+1.8%)
$148,500 + $226,000
$374,500
2018
$5,799 (−2.8%)
$148,400 + $220,500
$368,900
2017
$5,968 (+2.6%)
$189,800 + $190,100
$379,900
2016
$5,819
$186,600 + $184,500
$371,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
9
Baths
8
Stories
2
Lot width
—
Lot depth
—
Lot size
2.17 Acres
Year renovated
—
Sq. Ft.
4,966
Year built
1900
Style
Multi-Family (5+ Unit)
County
Bristol County
APN
3291020
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 19, 2023.
Property details
Parking
Parking Information
Has Open Parking
Parking Spaces: 21
Parking Features: Paved Drive, Off Street
Interior
Bathroom Information
# of Bathrooms (Full): 8
# of Bathrooms (Half): 2
Basement Information
Basement: Partially Finished
Interior Features
# of Rooms (Total): 35
Window Features: Insulated Windows
Flooring: Tile, Hardwood
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #3 Information
# of Levels: 1
# of Floors: 1
Lease: N
Exterior
Building Information
Building Area (Total): 6,145
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Unknown/Mixed
Color: Red
Exterior Features
Roof: Shingle
Patio And Porch Features: Enclosed
Property Information
PropertySubType: 5-9 Family
Lot Information
Lot Size (Acres): 2.17
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $8,570
Tax Year: 2023
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers, 200+ Amp Service
Heating & Cooling
Heating Units: 6
Cooling Units: 6
Location
Location Information
Directions: Route 44 to Longmeadow Rd
UnparsedAddress: 54 Longmeadow Rd, Taunton MA 02780
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Highway Access
Public facts
Beds: 9
Baths: 8.0
Sq. Ft.: 4,966
Stories: 2.0
Lot Size: 2.17 acres
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: —
County: Bristol County
APN: 3291020
Home facts updated by county records on Jul 19, 2023
Other
Miscellaneous Information
Heat Zones: 9
Listing Information
StandardStatus: Closed
Around this home
Schools
John F Parker Middle School
Public 5-7 • Assigned • 0.5mi
4/10
Taunton High School
Public 8-12 • Assigned • 0.5mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 67-74% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 98° expected this year, 15 days in 30 years
6/10 Wind Factor
77% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Taunton, MA • 02780
Average low and high temperatures (°F)
35
19
37
19
51
31
59
38
69
49
82
58
85
65
80
56
74
54
65
43
53
33
40
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.5 hours in December, placing it below the
U.S. average for solar exposure.