Mansfield, MA 02048 32 Cottage St
$1,300,000
35 more
Presented By:
Beds • 7
Baths • 5
SQFT • 4,010
Home Details
Fantastic investment opportunity! (ask me about financing opportunities with 25% down and no commercial lending requirements!) This well-maintained 5-unit residential building offers a solid income stream and is ideally located within walking distance to the commuter rail and vibrant downtown area. Each spacious unit features large, updated kitchens and modern bathrooms, providing comfortable living for tenants. The property also includes coin-operated laundry for added convenience (unit 5 adds the bonus of in unit laundry!) and ample off-street parking—an uncommon perk in such a prime location. With a strong rental history and desirable amenities, this turnkey property is perfect for investors seeking steady cash flow and long-term value. Don’t miss out on this rare multi-unit opportunity in a high-demand area!
Presented By:
Interior Features for 32 Cottage St
Bedrooms
Total Bedrooms7
Bathrooms
Half Baths0
Total Baths5
Other Interior Features
Air Conditioning Y/NNo
BasementPartial, Dirt Floor
Fireplace Y/NNo
FlooringVinyl
Heating Y/NYes
Interior AmenitiesLaundry Room, Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Living Room, Kitchen
Total Fireplaces
Total Stories5
Window FeaturesBox/Bay/Bow Window(s), Insulated Windows
General for 32 Cottage St
AppliancesWasher, Dryer, Range, Dishwasher, Microwave, Refrigerator
Building Area UnitsSquare Feet
Certified TreatedCertified Treated
CityMansfield
Community FeaturesPublic Transportation, Shopping, Highway Access, Public School, T-Station
CoolingNone
CountyBristol
Directionsuse GPS
Electric Expense2923
Full Baths5
Garage Spaces
Garage Y/NNo
Gross Income87600
HeatingNatural Gas
Home Warranty Y/NNo
Insurance Expense4242
Levels5
Lot Size Square Feet12069
Lot Size UnitsAcres
Net Operating Income75934
Number Of Units Total5
Operating Expense11666
Property Subtype5+ Family - 5+ Units Up/Down
Property TypeResidential Income
Rent IncludesUnit 1(Electric), Unit 2(Electric), Unit 3(Electric), Unit 4(Electric)
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusNew
Tax Annual Amount9497
Tax Assessed Value721100
Tax Year2025
Total Actual Rent7300
Total Rooms17
Utilitiesfor Gas Range
Water Sewer Expense2551
Year Built1900
Year Built DetailsActual
Year Built SourcePublic Records
ZoningMixed
Exterior for 32 Cottage St
Building Area Total4010
Covered Spaces
Foundation DetailsStone
Lot FeaturesLevel
Lot Size Acres0.28
Lot Size Area0.28
Open Parking Y/NYes
Parking FeaturesPaved Drive, Off Street, Paved
Road Frontage TypePublic
Road Surface TypePaved
SpaNo
Total Parking10
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Nate Simon
REALTOR®, ABR®, SRS, LHC, RENE