Active
15 Days on market
71-73 Fowler St Mansfield — Photo 1 of 15

71-73 Fowler St Mansfield — Photo 1 of 15

$795,000

Investment Analysis — 71-73 Fowler St

Mansfield, MA 02048

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02048 carries an estimated $6,160/mo in gross rent — about a 6.03% cap rate and $47,939/yr in estimated NOI at the $795,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

2

SqFt

2,392

Style

2 Family - 2 Units Up/Down

Built

1890

Great location, Tremendous Opportunity! This spacious 2-family property with approximately 2392 sq ft of living space is located in nice area of Mansfield on dead end street. Each unit offers a seperate entrance and very functional layout with 6 rooms, 3 bedrooms, eat-in kitchen, dining room, living room and full bath. Each unit has an enclosed front porch for added lifestyle enjoyment. Unit 1 has a front porch with approximately 108 sq ft. Unit 2 has a front porch with approximately 156 sq ft. Each unit has its own washer and dryer area and all appliances at the property will be included. All interior photos are of 2nd floor rooms. A 2-car garage, paved driveway and additional paved off-street parking available, storage shed and nicely grassed yard for relaxing or entertaining only add to the benefits of the property. Both units are on town sewer, have natural gas and independently controlled heat/central air. This location provides the best of both worlds, the charm of residential neighborhood living but with easy access to major highway routes, shopping, dining, and many other everyday amenities. You are walking distance to Mansfield commuter rail station for work or fun. Location brings Boston (1 hour), Providence (30 Minutes), and Cape Cod (45 minutes ) conveniently within reach. Great opportunity for Owner-occupied landlords, Rental Investors expanding a portfolio or Fix and Flip Investors, this property presents a huge opportunity. Bring your ideas and realize the full potential of this amazing multi-unit property, act today so you don't miss out on this exceptional opportunity. Buyer/Buyers agent to perform all their own due diligence.

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$795,000
Annual Taxes$8,240

Parking

Garage2
Off-Street10

Interior Specifications

Total Rooms12
FireplacesNone
FlooringVinyl, Carpet, Hardwood
BasementPartial, Interior Entry, Unfinished

Climate & Utilities

HeatingForced Air, Oil, Individual, Unit Control
CoolingCentral Air, Individual, Unit Control
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone, Irregular
ZoningR3

Property & Lot

Acres0.23
SqFt Lot10,000
Lot FeaturesEasements, Gentle Sloping

Amenities & Appliances

Range • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Medical Facility • Laundromat • Highway Access • House of Worship

Geography

Listing Provided By

Listing Agent: Brian Paulsen

Listing Office: A Cape House.Com

MLS® Number: 73569643