NOT LISTED FOR SALE

Estimated Value: $1,381,836

12 Beds
7 Baths
6,464 Sq Ft
$214/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $1,200,000 $186 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,566/month

40 Days on Market

About This Home

As of January 2022

RARE 8 Unit Multi-Family/ Business property in Downtown Mansfield. This property is Zoned Business 2 currently consisting of the front building with 2 business operations and 2 -one bedroom,1 bath apartments in the original building, an additional 4 apartments are in the back section of the building featuring 4- two bedroom, 1 bath, fully applianced, Kitchens and Living Room apartments, individual utilities in all units, full basement with storage, laundry room and utility rooms. .ALL Tenants are Tenant at Will, Good tenants & hoping to Stay. Property is serviced by PUBLIC Water and Sewer, natural GAS. Low maintenance Vinyl siding, WALKING distance to Mansfield T station. The front building/ home needs some updating. SHOWINGS by appointment only on set times Wednesdays and Saturdays NO EXCEPTIONS due to 7 tenants & their families. Notice to show required and appreciated. This is an incredible investment opportunity in Mansfield and be a part of to the Downtown Community!

Last Agent to Sell the Property

Kathy Todesco

Gerry Abbott REALTORS® Listed on: 10/06/2021

Last Buyer's Agent

Ed Tartufo

Conway - Mansfield

Conway - Mansfield

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 0.26

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: North Main Street between Park Street and East Street
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Approximate,Renovated Since
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Unit 3(Range,Dishwasher,Refrigerator), Unit 4(Range,Dishwasher,Refrigerator), Electric Water Heater,Tank Water Heater, Utility Connections for Electric Range
  • Has Basement: Full, Interior Entry, Concrete
  • Total Bathrooms: 7
  • MAIN LO: BB0100
  • LIST PRICE PER Sq Ft: 232.05
  • PRICE PER Sq Ft: 185.64
  • MAIN SO: A14050
  • Full Bathrooms: 7
  • Total Bedrooms: 12
  • Fireplace: No
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Stories: 8

Exterior Features

  • Roof: Shingle
  • Foundation Details: Concrete Perimeter, Irregular
  • Construction Type: Frame
  • Disclosures: Buyer And Buyers Agent To Due Their Own Due Diligence And Verify Information. Currently 2 Businesses Operate From The Property. Being Sold As Is Where Is Condition. Front Building Circa 1900 And Attached Back Building Circa 1988.
  • Lot Features: Level
  • Patio And Porch Features: Porch, Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Heating: Unit 1(Electric), Unit 2(Electric), Unit 3(Electric), Unit 4(Electric)
  • Electric: Circuit Breakers, Varies per Unit
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Private School, Public School, Sidewalks

Fee Information

  • Annual Water Sewer Expense: 955

Schools

  • Elementary School: Jord/Jack/Rob
  • High School: Mansfield Hs
  • Middle Or Junior School: Qualters

Lot Info

  • LOT SIZE: 11286
  • PAGE: 136
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 11325.6
  • Zoning: B1

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1
  • Annual Gross Income: 64800
  • Insurance Expense: 5676
  • Property Net Operating Income: 58169
  • Number Of Units Total: 8
  • Annual Operating Expense: 6631
  • Total Actual Rent: 4600

Tax Info

  • Tax Annual Amount: 10223.61
  • Tax Book Number: 3828
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Jan 31, 2022
Sold by
Depillo Sheehan Rt 2
Bought by
44 N Main St Llc
Seller's Agent
Kathy Todesco
Gerry Abbott REALTORS®
Buyer's Agent
Ed Tartufo
Conway - Mansfield
List Price
$1,499,999
Sold Price
$1,200,000
Premium/Discount to List
-$299,999
-20%
Current Estimated Value
$1,381,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,836
Avg. Annual Appreciation
3.64%
Original Mortgage
$900,000
Outstanding Balance
$840,594
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$520,376
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
44 N Main St Llc $1,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 44 N Main St Llc $900,000
Previous Owner Depillo Sheehan Rt $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $1,200,000 -20.0% $186 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $1,499,999 -- $232 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $897,900 $241,900 $656,000
2024 -- $885,400 $241,900 $643,500
2023 $0 $826,500 $241,900 $584,600
2022 $0 $793,700 $241,900 $551,800
2021 $0 $665,600 $195,700 $469,900
2020 $10,734 $626,800 $195,700 $431,100
2019 $10,627 $626,800 $195,700 $431,100
2018 $10,317 $600,800 $195,700 $405,100
2017 -- $600,800 $195,700 $405,100
2016 -- $542,700 $195,700 $347,000
2015 -- $510,100 $163,100 $347,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72904646

MLS Property Information Network (MLS PIN)

APN: MANS-000023-000000-000184