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10 Exeter St 6 Unit Apartment Building $1,406,880 CAD ($234,480 CAD/Unit) 8.50% Cap Rate Taunton, MA 02780



Investment Highlights
- 4,440 SF Multifamily Property / 6 Units: Includes 3 two-bedroom units and 3 one-bedroom units.
- Three-Bay Garage: Provides additional income potential beyond apartment rents.
- Taunton Location: Convenient access to downtown amenities, employment centers, and regional transportation routes.
- 9,583 SF Site: Ample lot size with off-street parking for 6 vehicles.
- Recent Capital Improvements: New asphalt driveway installed within the last year.
Executive Summary
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.
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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,406,880 CAD | Building Class | C |
| Price Per Unit | $234,480 CAD | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 6,100 SF |
| Cap Rate | 8.50% | No. Stories | 3 |
| No. Units | 6 | Year Built | 1900 |
| Property Type | Multifamily | Parking Ratio | 1.48/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | URBRES | ||
| Price | $1,406,880 CAD |
| Price Per Unit | $234,480 CAD |
| Sale Type | Investment |
| Cap Rate | 8.50% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 6,100 SF |
| No. Stories | 3 |
| Year Built | 1900 |
| Parking Ratio | 1.48/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | URBRES |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | $1,909 CAD | - |
| 2+1 | 3 | $2,404 CAD | - |
1 1
Fairly walkable
40/100
Moderately drivable
70/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | TAUN-000047-000736 | Total Assessment | $1,075,733 CAD |
| Land Assessment | $179,996 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $895,737 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
TAUN-000047-000736
Land Assessment
$179,996 CAD
Improvements Assessment
$895,737 CAD
Total Assessment
$1,075,733 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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10 Exeter St
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