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648 Pleasant St Somerset — Photo 1 of 38

648 Pleasant St Somerset — Photo 1 of 38

$525,000

Investment Analysis — 648 Pleasant St

Somerset, MA 02726

Based on HUD Small Area Fair Market Rent for Providence-Fall River, RI-MA HUD Metro FMR Area, a 2-unit multi-family in 02726 carries an estimated $3,310/mo in gross rent — about a 4.19% cap rate and $22,021/yr in estimated NOI at the $525,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,938

Style

2 Family - 2 Units Up/Down

Built

1890

Somerset- Located in the quaint village section of town is this 2 family that sits on a 25,000+- s/f lot. The first-floor unit consists of a 5 room 2-bedroom 1 bath apartment. A Living room with a gas stove, eat in kitchen with access to a patio with a nice pergola, and a den. The second floor has a cozy 3 room 1 bedroom 1 bath. The basement is partially finished with storage areas and has a walk out to the rear yard. The yard is very private and offers an inground pool with a pool house and sheds. The pool house has a second-floor loft area for storage. Two additional sheds, this is a great home for gatherings!! Installation/design and permitting of the Second means of egress for 2nd floor unit is the buyer's responsibility.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$525,000
Annual Taxes$8,166

Parking

Garage0
Off-Street10

Interior Specifications

Total Rooms8
FireplacesNone
FlooringTile, Carpet, Varies, Hardwood
BasementFull, Partially Finished, Concrete

Climate & Utilities

HeatingBaseboard, Forced Air, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber
FoundationBlock, Other
ZoningR1

Property & Lot

Acres0.59
SqFt Lot25,700
Lot Features--

Amenities & Appliances

Range • Refrigerator

Neighborhood

Park • House of Worship

Geography

Listing Provided By

Listing Agent: Christopher Migneault

Listing Office: Migneault REALTORS®

MLS® Number: 73585748