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655 N Main St Mansfield — Photo 1 of 13

655 N Main St Mansfield — Photo 1 of 13

$650,000

Investment Analysis — 655 N Main St

Mansfield, MA 02048

Based on rent reported on the MLS listing, a 2-unit multi-family in 02048 carries $3,450/mo in gross rent — about a 3.75% cap rate and $24,399/yr in estimated NOI at the $650,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,516

Style

Multi Family

Built

1900

Fantastic Two-Family Opportunity in Highly Desirable Mansfield! - Bring your vision and unlock the potential of this well-located two-family home! Situated within walking distance to the Mansfield T-Station, this property offers an excellent opportunity for an owner-occupant, investor, or buyer looking to build equity with some updating and improvements. The first floor features a welcoming front porch, living room, kitchen, Dining, bedroom, and a rear porch currently being used as a bedroom. The second floor offers a living room, kitchen. 2 bedrooms, and a walk-up attic providing valuable storage space. Set on a private lot with convenient access to major highways, the T-Station, shopping, restaurants, and everyday amenities, the location is hard to beat. Property needs updating but offers plenty of potential. Whether you're looking to live in one unit and rent the other or add a solid property to your investment portfolio, this is an opportunity worth exploring! Great location. Great potential. Bring your ideas and make this two-family your own!

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 MLS and other third-party data may be inaccurate or out of date.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$650,000
Annual Taxes$7,065

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms8
FireplacesNone
Flooring--
BasementFull

Climate & Utilities

HeatingForced Air, Oil, Electric
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
Zoning1040 use

Property & Lot

Acres0.35
SqFt Lot15,041
Lot Features--

Geography

Listing Provided By

Listing Agent: Sherrell Prefontaine

Listing Office: Conway - Mansfield

MLS® Number: 73584787