3 Beds
1 Bath
1,248 SqFt
3 Beds
1 Bath
1,248 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,248 sqft
Price per Sqft $61
Subdivision Mansfield
MLS Listing ID 5232205
Style Conventional
Bedrooms 3
Full Baths 1
HOA Y/N No
Abv Grd Liv Area 1,248
Year Built 1935
Annual Tax Amount $188
Tax Year 2025
Lot Size 3,441 Sqft
Acres 0.079
Property Sub-Type Single Family Residence
Property Description
exchange, or searching for your next buy-and-hold investment, this income-producing property deserves a look. This property offers
immediate rental income while presenting significant value-add potential. Current rent is well below market, giving the next owner the opportunity to increase cash flow over time as leases renew or turnover occurs with forced appreciation. PERFECT for a DSCR or BRRRR investment! This property boasts a GRM of aprox 8.56, making it an attractive option for investors focused on long-term returns and portfolio growth. Strong rental demand in the Mansfield market further enhances its investment appeal. Whether you're a seasoned investor or purchasing your first rental, this is an excellent opportunity to acquire an affordable income-producing asset with both current cash flow and future appreciation potential. Showing available after accepted offer. DO NOT DISRUPT TENANTS.
Location
State OH
County Richland
Rooms
Basement Full
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Laundry In Basement
Exterior
Parking Features On Street
Water Access Desc Public
Roof Type Metal
Porch Covered, Porch
Private Pool No
Building
Sewer Public Sewer
Water Public
Architectural Style Conventional
Level or Stories Two
Schools
School District Mansfield Csd - 7006
Others
Tax ID 027-03-003-16-000
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
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