474-476 Franklin Street, Mansfield MA 02048

Mansfield, MA 02048
$730,000
Est. $4,263/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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5
Beds
3
Baths
2,226
Sq Ft
$328
Price/Sq Ft
0.54
Acres
1975
Year Built
6
Parking
26
Days on Market
Sale Pending Listed Aug 14, 2026 • MLS# 73563957 Copied! • Updated Sep 11, 2026

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About this home

Rare Mansfield multifamily opportunity! Welcome to 474-476 Franklin Street, a spacious two unit property offering approximately 2,226 square feet of living space on a generous 0.54 acre lot. The property features two separate units, providing an excellent opportunity for investors, owner occupants or buyers looking to build long term equity. Each unit offers its own living space while the property provides ample off street parking and a private outdoor setting. Conveniently located in Mansfield with easy access to major routes, commuter rail, shopping, dining and everyday amenities. Whether you’re looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property offers tremendous potential. Don’t miss the opportunity to make 474-476 Franklin Street your next investment!

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Aug 28, 2026
Active → Active Under Contract
Pending Sale
Aug 20, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Aug 14, 2026
$730,000
Original listing
Agent: Kensley Dimmott Office: Centre Realty Group

Tax History

Year Taxes Assessment
2026 $4,462 $0

Financial Details

Annual Property Tax
$4,462
Tax Year 2026
Assessed Value
$0

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1975
Living Area 2,226 sq ft
Lot Size 0.54 acres
Stories 4
Bedrooms 5
Full Baths 3
Total Rooms 11

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent — · N
Gross Income $33,600
Net Operating Income $33,600
Cap Rate 4.60%
Heating None
Cooling None
Flooring Wood, Tile
Appliances None
Fireplace None
Fireplaces 2
Basement Full, Slab
Laundry Electric Dryer Hookup
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck
Features Paved
Total Spaces 6
Electric 200+ Amp Service
Water Public
Sewer Private Sewer
Gas None
Other For Electric Range, For Electric Dryer

Financial

Annual Tax $4,462
Assessed Value 0.00
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Property To Be Sold As-is/where-is.
Possession None
Accepted Financing Contract
Structure Type []
Sq Ft Source Public Record
Documents None
County Bristol
Total market time (incl. prior listings) 28 days

Property Overview

Property Type
Multi Family
Listing Type
Sale Pending
Year Built
1975
Bedrooms
5
Full Bathrooms
3
Living Area
2,226 sq ft
Total Rooms
11
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring: Wood, Tile
Appliances:
Interior Features:
Windows: Insulated Windows
Basement: Full, Slab
Laundry: Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1975
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Private Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Deck
Fencing:
Other Structures:
Lot Features: Wooded
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved

Special Features

Fireplaces: 2
Fireplace Type:
Community Amenities:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $372
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

474-476 Franklin Street, Mansfield MA 02048

Mansfield, MA 02048

Listing Information

Listing Agent Kensley Dimmott
Listing Office Centre Realty Group
Office Phone 617-739-7000
Agent MLS ID BB954174
Office MLS ID AN3518
Listing Data Updated Sep 11, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
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