Three-Family Residential Income
380 Central St, Foxboro, MA 02035
MULTI_FAMILY - Foxboro, MA
Property size:
4,244 SFLot size:
0.28 AcresPrice / SF:
$223/SF- Added:
- Jun 18, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 380 Central St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R40
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 4, Bathroom 3, Bathroom 5, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 6
- Parking
- 6
- Standard status
- Active
- APN
- M:0166 B:0000 L:00020000,944843
- Size
- 4,244 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 8714
Building Details
- Year built
- 1870
- Floors in Building
- 4
- Number of units
- 3
Listing office Keller Williams Elite 25 Messenger Street, 2nd Floor, Plainville, MA (508) 695-4545
Listing date Jun 18, 2026
MLS# 73538215
Listing URL
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Built in 1870, this 3‑family property offers two garden‑style units plus one townhouse‑style unit.
- Two 2‑bedroom units (Units 2 & 3) are TAW units and each has in‑unit laundry.
- 3‑bedroom unit is currently vacant; Units 1 & 3 are set up as separate TAW units.
- Unit 2 features a newer kitchen and bathroom with an open first‑floor plan and some newer updates.
- Hardwood floors plus tile and laminate throughout the building; two units have separate utilities.
- Fenced yard and septic inspection has been passed.
Overview
This three-family residential property includes two garden-style units and one townhouse-style unit. The building offers in-unit laundry in each unit, with finishes including hardwood floors plus tile and laminate throughout. The 3-bedroom unit is currently vacant, while the other two units are tenant occupied. Unit 2 features a newer kitchen and bathroom and an open first-floor plan with some additional updates. Utility responsibility is split, with Units 1 and 3 sharing heat and electric that are currently paid by the landlord, and Unit 2 paying rent as well as heat and electric. The property also includes a fenced yard, and the septic system has been inspected and passed.
The location is described as convenient to major routes and nearby commuter access, including minutes to Rte 95, 495, and the Mansfield Commuter Rail Station. It is also stated to be close to Mansfield Crossing shopping and Foxboro Center, with additional retail and dining options in the area.
For buyers seeking a multifamily setup with multiple unit configurations, the mix of garden-style and townhouse-style layouts can support a range of tenant needs. The presence of a currently vacant 3-bedroom unit may also allow for immediate occupancy decisions, while the remaining two units provide an opportunity to operate within the existing utility and tenant arrangement. Group showings are required; see agent for details.
The location is described as convenient to major routes and nearby commuter access, including minutes to Rte 95, 495, and the Mansfield Commuter Rail Station. It is also stated to be close to Mansfield Crossing shopping and Foxboro Center, with additional retail and dining options in the area.
For buyers seeking a multifamily setup with multiple unit configurations, the mix of garden-style and townhouse-style layouts can support a range of tenant needs. The presence of a currently vacant 3-bedroom unit may also allow for immediate occupancy decisions, while the remaining two units provide an opportunity to operate within the existing utility and tenant arrangement. Group showings are required; see agent for details.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $114.6k | $27.00 |
| − Vacancy | −$6.0k | −$1.41 |
| EGI | $108.6k | $25.59 |
| − OpEx | −$32.6k | −$7.68 |
| NOI | $76.0k | $17.91 |
4,244 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.09M
$950.3K – $1.27M
NOI $76,025 @ 7.0% cap · market cap 8.00%
Second Best
Apartment 5plus
$1.00M
$876.8K – $1.17M
NOI $70,145 @ 7.0% cap · market cap 7.38%
Theoretical Best
Office A
$2.51M
$2.20M – $2.93M
NOI $175,870 @ 7.0% cap · market cap 18.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Foxboro
- County
- Norfolk
- State
- Massachusetts
- Longitude
- -71.231603
- Latitude
- 42.037067
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three separate units with in-unit laundry and a fenced yard, offering flexible living and rental configuration.
Where is this triplex located?
The property is located at 380 Central St Foxboro, MA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Built in 1870, this 3‑family property offers two garden‑style units plus one townhouse‑style unit.; Two 2‑bedroom units (Units 2 & 3) are TAW units and each has in‑unit laundry.; 3‑bedroom unit is currently vacant; Units 1 & 3 are set up as separate TAW units.
