39 Church Street Mansfield, MA 02048
Three-unit property near commuter rail, ideal for investors or owner-occupiers.
- Added:
- May 7, 2026
- Days on Market:
- 69
- Last Refresh:
- Jul 2 at 6:50 am
Property Features for 39 Church Street
General Information
- Standard status
- Active
- Size
- 2,740 SF
- Property subtype
- 3 Family
Building Details
- Year Built
- 1900
Listing office Keller Williams Elite (508) 736-8356
Listing date May 7, 2026
Source Lockandkeyre
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All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Elite
Investment Insights
Based on property information with market context.
Key Highlights
- Excellent investment opportunity or owner‑occupied potential with three separate units.
- Convenient location: walking distance to commuter rail, shops, and restaurants; close to highways 95/495.
- Unit #1 features recent updates including new carpeting, kitchen flooring, white kitchen cabinets, and updated bathroom vanity/sink (all in 2021).
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 | $75.6k | $27.60 |
| − Vacancy | −$5.7k | −$2.07 |
| EGI | $70.0k | $25.53 |
| − OpEx | −$21.0k | −$7.66 |
| NOI | $49.0k | $17.87 |
