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Two-Unit Duplex with Garage

71-73 Fowler St, Mansfield, MA 02048

For Sale
New
$795,000

Both residences have separate entries, dedicated laundry areas, and independently controlled heating and central air.

Property Size2,392 SF
Price / SF$332.36
Days on Market3

Property Features for 71-73 Fowler St

General Information

Standard status Active
Size 2,392 SF
Property subtype Residential Income
Zoning R3

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 2 x 3BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,240

Amenities

enclosed front porch
washer and dryer area
appliances included
storage shed
grassed yard
Partial,Interior Entry,Unfinished
Vinyl,Carpet,Hardwood
Yes
2
No
6
Insulated Windows,Screens
Gas Dryer Hookup,Washer Hookup
Public Record
High Speed Internet,Bathroom With Tub,Living Room,Dining Room,Kitchen
2392
Easements,Gentle Sloping
Public
Storm Door(s)
0.23
10
Paved Drive,Shared Driveway,Off Street,Paved
Paved
Rain Gutters
Stone,Irregular
Public,Dead End
Public Maintained Road

Building Details

Building Size 2,392 SF
Year Built 1890
Buildings 1
Stories 2
Listing Agency: A Cape House.Com
Listed By: Brian Paulsen
Source: Popularproperties
Added: Nov 7 Changed: Nov 8 Last Checked: Nov 9 at 9:03AM

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 A Cape House.Com

Rey
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Investment Insights

Based on property information with market context.

This 1890-built duplex contains 2,392 square feet across two residences. Each unit has a separate entrance and a six-room layout with three bedrooms, an eat-in kitchen, dining and living rooms, and a full bathroom. Enclosed front porches measure approximately 108 square feet for Unit 1 and 156 square feet for Unit 2. Each residence has its own washer and dryer area, and the property includes a two-car garage, paved driveway, additional off-street parking, storage shed, and grassy yard. Heating and central air are independently controlled, and both units connect to town sewer and natural gas. The property is zoned R3 and sits on a 0.23-acre lot at 71-73 Fowler St in Mansfield. The dead-end street location is within walking distance of the Mansfield commuter rail station, with access to major highway routes, shopping, dining, and everyday services.

Key Highlights

  • Two residences totaling 2,392 square feet
  • Each unit has 3 bedrooms, 6 rooms, a full bath, and a separate entrance
  • Enclosed porches measure approximately 108 square feet and 156 square feet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,747
Cap Rate
5.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$854,940 $854.9K
Cap Rate 7%
$610,671 $610.7K
Cap Rate 9%
$474,967 $475.0K
Market Conditions
NOI Build-Up for 2,392 SF
Gross rent
$66.0K $27.60/SF
− Vacancy
−$5.0K −$2.07/SF
EGI
$61.1K $25.53/SF
− OpEx
−$18.3K −$7.66/SF
NOI
$42.7K $17.87/SF
Area
Bristol County, MA
Vacancy
7.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$854,940
Cap Rate 7%
$610,671
Cap Rate 9%
$474,967

Alternative Uses

Best Use
Multifamily LT 5
$610.7K
$534.3K – $712.5K (±1% cap)
NOI $42,747 @ 7.0% cap · market cap 5.38%
Second Best
Apartment 5plus
$567.5K
$496.6K – $662.1K (±1% cap)
NOI $39,727 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$1.46M
$1.27M – $1.70M (±1% cap)
NOI $101,968 @ 7.0% cap · market cap 12.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

572
Businesses Nearby

Demographics for 02048, MA

23,860
Population
9,228
Households
2.6
Avg Household Size
40
Median Age
51%
College-Educated
96%
High-School Grad
20.1 sq mi
ZIP Area
1,187
Density / Sq Mi
$131,409
Median Household Income
$65,154
Median Earnings
$1,702
Median Rent
$571,000
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Bristol County, MA

$253 Jul
$251 Aug
$243 Sep
$257 Oct

Properties on Market for Duplexes in Bristol County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have separate entries, dedicated laundry areas, and independently controlled heating and central air.
Where is this duplex located?
The property is located at 71-73 Fowler St Mansfield, MA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Two residences totaling 2,392 square feet; Each unit has 3 bedrooms, 6 rooms, a full bath, and a separate entrance; Enclosed porches measure approximately 108 square feet and 156 square feet
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