29 Days on market
474-476 Franklin Street Mansfield — Photo 1 of 32

474-476 Franklin Street Mansfield — Photo 1 of 32

$730,000

Investment Analysis — 474-476 Franklin Street

Mansfield, MA 02048

Based on rent reported on the MLS listing, a 2-unit multi-family in 02048 carries $2,800/mo in gross rent — about a 2.89% cap rate and $21,074/yr in estimated NOI at the $730,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

3

SqFt

2,226

Style

Multi Family

Built

1975

Rare Mansfield multifamily opportunity! Welcome to 474-476 Franklin Street, a spacious two unit property offering approximately 2,226 square feet of living space on a generous 0.54 acre lot. The property features two separate units, providing an excellent opportunity for investors, owner occupants or buyers looking to build long term equity. Each unit offers its own living space while the property provides ample off street parking and a private outdoor setting. Conveniently located in Mansfield with easy access to major routes, commuter rail, shopping, dining and everyday amenities. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers tremendous potential. Don’t miss the opportunity to make 474-476 Franklin Street your next investment!

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 MLS and other third-party data may be inaccurate or out of date.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$730,000
Annual Taxes$4,462

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms11
Fireplaces2
FlooringWood, Tile
BasementFull, Slab

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
Zoningres

Property & Lot

Acres0.54
SqFt Lot23,385
Lot FeaturesWooded

Geography

Listing Provided By

Listing Agent: Kensley Dimmott

Listing Office: Centre Realty Group

MLS® Number: 73563957