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    Multifamily Property in Prime Location Title is generated by Realmo AI

    54 Church St, Mansfield, MA 02048

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    Claim this Listing
    Pending
    $790,000

    MULTI_FAMILY - Mansfield, MA

    Property size:
    2,717 SF
    Lot size:
    0.20 Acres
    Added:
    Apr 27, 2026
    Days on Market:
    46
    Last Refresh:
    Jun 11 at 6:06 pm

    Property Features for 54 Church St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RES
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 2
    Parking
    7
    Standard status
    Pending
    APN
    M:024 B:220,2859476
    Size
    2,717 SF
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    9027

    Building Details

    Year built
    1900
    Floors in Building
    4
    Number of units
    1

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    Listing Contact
    Iris Papagno

    Listing agent Iris Papagno

    Listing office Keller Williams Realty Boston South West 200 Lowder Brook Dr, Suite 2400, Westwood, MA

    Listing date Apr 27, 2026

    MLS# 73507699 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

    • Multifamily at 54 Church St, Mansfield, built in 1900
    • Top unit: 3 bedrooms, 1 full bath, plus unfinished bonus loft space on the third floor
    • Main level unit: 2 bedrooms, 1 bath, with front porch and private deck
    • Two‑car detached garage and shared spacious backyard
    • Separate meters for both units; tenants at will; property sold as‑is
    • 2 brand new HVAC heating systems with central air, plus complete new electrical wiring and 3 new panels; new insulation with Mass Save; all appliances included

    Overview

    Located in the heart of Mansfield, 54 Church St presents a multifamily property suitable for investors and owner-occupants. The property is situated near Mansfield High School and the downtown area. The top unit features 3 bedrooms, 1 full bath, and an unfinished loft space on the third floor. The main level unit includes 2 bedrooms, 1 bath, a front porch, and a private deck. Both units share a backyard and a detached two-car garage. The property is being sold as-is, with tenants at will. Both units are separately metered. All appliances are included in the sale. The property features two new HVAC heating systems and central air. Complete new electrical wiring, with three new panels installed during the installation of the new units. New insulation was installed with Mass Save. The lot size is 0.1951 acres, and the property size is 2717 square feet.

    Local Financial Insights For Apartment 5plus

    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 $88.0k $32.40
    − Vacancy −$6.0k −$2.20
    EGI $82.0k $30.20
    − OpEx −$36.9k −$13.59
    NOI $45.1k $16.61
    2,717 SF · lease $32.40/SF/yr · vacancy 6.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $644.6K
    $564.1K – $752.1K (±1% cap)
    NOI $45,125 @ 7.0% cap · market cap 5.71%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.65M
    $1.45M – $1.93M (±1% cap)
    NOI $115,822 @ 7.0% cap · market cap 14.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.215958
    Latitude
    42.029896

    FAQs

    What type of property is this?
    Multifamily property - Well-located multifamily near downtown Mansfield, ideal for investors/owner-occupants.
    Where is this multifamily property located?
    The property is located at 54 Church St Mansfield, MA.
    What is the asking price?
    The asking price for this property is $790,000.
    What are key features of this property?
    This property features: Multifamily at 54 Church St, Mansfield, built in 1900; Top unit: 3 bedrooms, 1 full bath, plus unfinished bonus loft space on the third floor; Main level unit: 2 bedrooms, 1 bath, with front porch and private deck
    More about this property
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