$1,310,000
SOLD AUG 7, 2025

32 Cottage St Mansfield, MA 02048

7 Beds
5 Baths
4,010 Sq Ft
0.28 Acres

Recently Sold

$327 Per Sq Ft

1% Above List Price

7 Days on Market

Highlights

  • Property is near public transit
  • Upgraded Countertops
  • Shops
  • Harold L. Qualters Middle School Rated A-
  • Living Room
  • Ceiling Fan

About This Home

As of August 2025

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!

Last Agent to Sell the Property

Holly Bellucci

Keller Williams Realty Leading Edge Listed on: 06/23/2025

Keller Williams Realty Leading Edge

Last Buyer's Agent

Robert Hadge

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,497

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 4,010 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Living Room
  • Vinyl Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Dirt Floor

Parking

  • 10 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $7,300
  • Rent includes unit 1(electric), unit 2(electric), unit 3(electric), unit 4(electric)
  • Assessor Parcel Number M:024 B:266,2859516

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Shops

Building Details

  • Electric Expense $2,923
  • Insurance Expense $4,242
  • Water Sewer Expense $2,551
  • Operating Expense $11,666
  • Net Operating Income $75,934

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,497

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1900
  • Levels: 5
  • Year Built Details: Actual
  • Year Round: Yes
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Vinyl
  • Interior Amenities: Laundry Room, Ceiling Fan(s), Upgraded Cabinets, Upgraded Countertops, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Range, Dishwasher, Microwave, Refrigerator
  • Total Bedrooms: 7
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Partial, Dirt Floor
  • Above Grade Finished Sq Ft: 4010
  • Living Area: 4010
  • Spa YN: No
  • Stories Total: 5
  • Window Features: Box/Bay/Bow Window(s), Insulated Windows
  • MAIN LO: AN2275
  • LIST PRICE PER Sq Ft: 324.19
  • PRICE PER Sq Ft: 326.68
  • MAIN SO: AC0342

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, Public School, T-Station
  • Rent Includes: Unit 1(Electric), Unit 2(Electric), Unit 3(Electric), Unit 4(Electric)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2551

Lot Info

  • Parcel Number: M:024 B:266,2859516
  • Zoning: Mixed
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Sq Ft: 12069
  • Lot Size Units: Acres
  • PAGE: 242

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 9497
  • Tax Book Number: 23694

Multi Family

  • Electric Expense: 2923
  • Gross Income: 87600
  • Insurance Expense: 4242
  • Net Operating Income: 75934
  • Number Of Units Total: 5
  • Operating Expense: 11666
  • Total Actual Rent: 7300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2025 08/07/25 Sold $1,310,000 +0.8% $327 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
06/23/2025 06/23/25 For Sale $1,300,000 0.0% $324 / Sq Ft
12/01/2017 12/01/17 Rented $1,350 0.0% --
11/04/2017 11/04/17 Under Contract -- -- --
10/26/2017 10/26/17 For Rent $1,350 0.0% --
04/18/2017 04/18/17 Sold $525,000 -16.7% $131 / Sq Ft View Prior Sale
02/15/2017 02/15/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $629,900 0.0% $157 / Sq Ft
12/31/2016 12/31/16 Pending -- -- --
11/15/2016 11/15/16 For Sale $629,900 -- $157 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73395485

MLS Property Information Network (MLS PIN)