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54 Church Street, Mansfield, MA, 02048
Duplex with Separate Utilities

54 Church Street Mansfield, MA 02048

For Sale
$790,000
Pending

Duplex for sale with two separately metered units, shared backyard, and a detached two-car garage.

Property Size2,717 SF
Days on Market92

Property Features for 54 Church Street

General Information

Standard status
Pending
Size
2,717 SF
Property subtype
Multi-family / 2 Family

Building Details

Year Built
1900
Listing Agency: Keller Williams Realty Boston South West
Listed By: Carol ElKurdi · License #9583985
Source: Compass
Added: Apr 27 Changed: Jul 23 Last Checked: Jul 24 at 3:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Boston South West


Investment Insights

Based on property information with market context.

54 Church St is a multifamily duplex offering two residential units under one roof, both served by separate meters. The top unit features three bedrooms, one full bath, and an unfinished loft space on the third floor. The main level unit includes two bedrooms, one bath, a front porch, and a private deck.

The property includes a shared, spacious backyard and a detached two-car garage. The sale is offered as-is with tenants at will.

Updates include two brand new HVAC heating systems with central air, along with complete new electrical wiring and three new panels installed for the new units. New insulation has also been added through Mass Save, and all appliances are included with the sale.

Key Highlights

  • Duplex with two separately metered units, each with its own electrical meter
  • Top unit: 3 bedrooms, 1 full bath, plus an unfinished third‑floor loft space
  • Main level unit: 2 bedrooms, 1 full bath, with a front porch and private deck

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 $75.0k $27.60
− Vacancy −$5.6k −$2.07
EGI $69.4k $25.53
− OpEx −$20.8k −$7.66
NOI $48.6k $17.87
2,717 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$693.7K
$607.0K – $809.3K (±1% cap)
NOI $48,556 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$644.6K
$564.1K – $752.1K (±1% cap)
NOI $45,125 @ 7.0% cap · market cap 5.71%
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 Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Furniture & Home Goods Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store Home Appliance Store Tech Support Center (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Duplex for sale with two separately metered units, shared backyard, and a detached two-car garage.
Where is this duplex located?
The property is located at 54 Church Street 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: Duplex with two separately metered units, each with its own electrical meter; Top unit: 3 bedrooms, 1 full bath, plus an unfinished third‑floor loft space; Main level unit: 2 bedrooms, 1 full bath, with a front porch and private deck
More about this property
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