Vision Sales Team

Conventional

605 Heineman Boulevard

Mansfield, OH 44903

MLS#: 5232205

$77,000

Status: Active
Listing number: 5232205
Listing provided by: RE/MAX First Realty, LLC
Listing agent phone: None
Last update: 7 days ago
On site: 20 days ago
Browse Properties
Mansfield - Residential

Property

Beds

3

Full Baths

1

1/2 Baths

None

Year Built

1935

Sq.Footage

1,248

Cash-flow opportunity with built-in upside! Whether you're expanding your rental portfolio, utilizing a DSCR loan, completing a 1031 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.

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    1

  • Above Grade Finished Area

    1248.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Vinyl Siding

  • Parking

    On Street

  • Patio and Porch Features

    Covered, Porch

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.079

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Conventional

Price

  • Sales Price

    $77,000

  • Tax Amount

    $188.48

  • Sq. Footage

    1,248

  • Price/SqFt

    $61

HOA

  • Association

    No

School District

  • Elementary School

    Mansfield CSD - 7006

  • Middle School

    Mansfield CSD - 7006

  • High School

    Mansfield CSD - 7006

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Richland

Elementary School

Mansfield CSD - 7006

Middle School

Mansfield CSD - 7006

High School

Mansfield CSD - 7006

Listing Courtesy of Kristin Horst , RE/MAX First Realty, LLC

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Agent Carla Ponikvar

Agent / Realtor®

Carla Ponikvar

Call Carla today to schedule a private showing.

(330) 760-3338

CarlaP@visionsalesteam.com


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Cash-flow opportunity with built-in upside! Whether you're expanding your rental portfolio, utilizing a DSCR loan, completing a 1031 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.

605 Heineman Boulevard

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