Anybody familiar with TAUNTON, Massachusetts?

Anybody familiar with TAUNTON, Massachusetts?

East Sandwich, MA · Member since 2016 · 34 posts · 6 votes

Hi everyone,

I am thinking about buying my first Multi family home in Taunton, Ma.  I was just wondering if anyone is familiar with the area, renting, crime, employment etc.  Thank you.

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Taunton, MA · Member since 2015 · 45 posts · 24 votes
10y
I can only give you a very one-sided picture because I've only lived here for 2 years, and in one of the low income areas. There are definitely high crime parts of Taunton to avoid. I've been told by numerous people that it hasn't always been like this/they didn't think Taunton was that bad. I would avoid areas near the green and the 138/Bay St split. The more rural areas I'd imagine are much better, I've just not spent any time there so I can't say for sure
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  • Taunton, MA · Member since 2015 · 45 posts · 24 votes
    10y
    I can only give you a very one-sided picture because I've only lived here for 2 years, and in one of the low income areas. There are definitely high crime parts of Taunton to avoid. I've been told by numerous people that it hasn't always been like this/they didn't think Taunton was that bad. I would avoid areas near the green and the 138/Bay St split. The more rural areas I'd imagine are much better, I've just not spent any time there so I can't say for sure
  • East Sandwich, MA · Member since 2016 · 34 posts · 6 votes
    10y

    Thank you Nick!

  • Appraiser · Stoughton, MA · Member since 2016 · 8 posts · 6 votes
    10y

    Like most cities, Taunton is a mixed bag. There are several different types of neighborhoods. I imagine that if you are looking at multi families there that it would be located in one of the more urban areas although in my experience they are spread throughout even in some of the more rural areas. I do not have any experience there from an investment level but I am an appraiser and have done quite a bit of work there. 

  • Taunton, MA · Member since 2015 · 45 posts · 24 votes
    10y
    The plus side is property is a more affordable in Taunton than a lot of places. It all comes down to your risk tolerance. Screen tenants meticulously and budget for events that come along with the type of area you're investing. You'd probably want a larger reserve fund in a C/D neighborhood than in an A/B neighborhood.
  • Specialist · Rockland, MA · Member since 2010 · 7k+ posts · 2k+ votes
    10y

    @Juan Pablo Ceballos

    Welcome. You have received some good advice.

    Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and rehabbers (cash buyers). Find them through Google and meetup.com There is a good meeting in Rockland you will find out from the investors at the meeting and perhaps a deal. Email me for meeting info.

    Two Great reads, I bought both J. Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbook

    Consider checking out HUD homes for small multi's owner occupied gets first crack.

    Download BP’s newest book here some good due diligence in Chapter 10. Real Estate Rewind Starting over

    http://www.biggerpockets.com/files/user/brandonatbp/file/real-estate-rewind-a-biggerpockets-community-book

    Good Luck

    Paul

  • Investor · Andover, MA · Member since 2015 · 269 posts · 67 votes
    10y

    As others have said, Taunton is a mixed bag of D, C and B class neighborhoods... 

    Safest Taunton Neighborhoods per Neighborhood Scout: 

    1 Oakland 2 Somerset Ave / Briggs St 3 Whittenton 4 Westville 5 East Taunton 6 Weir Village 7 Longmeadow Rd / Dean St 8 Oak Ave / Kilmer Ave 9 Somerset Ave / Weir St 10 Bay St / Washington St

    Also agree with others that Taunton has prices that are much more affordable than other surrounding neighborhoods. 


    Good luck on your decision @Juan Pablo Ceballos

  • Joshua PoitrasPro Member
    Real Estate Agent · Lowell, MA · Member since 2015 · 187 posts · 67 votes
    9y

    @ Juan Pablo Ceballos 

    I have an Open house for a vacant 3 family this Sunday from 10:30Am - 12pm, Sunday Oct 16th, 2016 if your interested. Vacant and clean. MLS #72080620. Let me know if there is any interest in it. Thanks.

  • Joshua PoitrasPro Member
    Real Estate Agent · Lowell, MA · Member since 2015 · 187 posts · 67 votes
    9y

    @Juan 

    @Juan Pablo Ceballos undefined

    I have an Open house for a vacant 3 family this Sunday from 10:30Am - 12pm, Sunday Oct 16th, 2016 if your interested. Vacant and clean. MLS #72080620. Let me know if there is any interest in it. Thanks.

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