10 Exeter St 6 Unit Apartment Building $995,000 ($165,833/Unit) 8.50% Cap Rate Taunton, MA 02780

Property Description
The apartments located at 6-8-10 Exeter Street, Taunton MA is comprised of 6 units (3-two bedroom, 3-one bedroom) totaling 4440 rentable square feet in a three-story vinyl sided building built in 1900. Situated on a 9583 square foot site, there is off street parking for 6 cars as well as a 3-bay garage which brings in additional income. Property is well-maintained with recent improvements including a new asphalt driveway less than a year ago. All units had various renovations over the past 10 years according to the owner.
Location Description
6, 8 & 10 Exeter Street is a multifamily investment opportunity located in Taunton, a growing residential and commercial hub in Bristol County. The portfolio is situated within an established neighborhood that offers convenient access to downtown Taunton, local employment centers, retail amenities, schools, and public services, supporting strong long-term residential demand.
Taunton, known as the “Silver City,” serves as a regional center for commerce, healthcare, education, and government services throughout Southeastern Massachusetts. The city has experienced continued investment and redevelopment in recent years, benefiting from its strategic location between Boston, Providence, and Cape Cod. Residents enjoy convenient access to major transportation routes including Interstate 495, Route 24, Route 44, and Route 140, providing connectivity to employment centers across Greater Boston, Rhode Island, and the South Coast region.
The surrounding neighborhood is characterized by a mix of single-family homes, multifamily properties, and neighborhood-serving businesses, creating a stable residential environment with broad tenant appeal. Taunton’s relatively affordable housing market, combined with its strong commuter accessibility and growing economic base, continues to support consistent rental demand and occupancy levels.
Overall, 6, 8 & 10 Exeter Street presents an opportunity for investors seeking a multifamily asset in a well-established market with diverse demand drivers, regional connectivity, and potential for long-term income growth and value appreciation within Southeastern Massachusetts.