104 Vennum Avenue, Mansfield, OH 44903
- $77,000
- 3
- BD
- 1
- BA
- 1,338
- SqFt
- List Price
- $77,000
- Status
- ACTIVE
- Days on Market
- 2
- MLS#
- 5232226
- Subtype
- Residential
- Style
- Conventional
- Year Built
- 1930
- Bedrooms
- 3
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 1,338
- Acres
- 0.16
- MLS Area Major
- Mansfield
Property Description
Turnkey investment opportunity with immediate cash flow! Add this income-producing rental to your portfolio and start collecting rent from day one. This property offers consistent income and is an excellent option for investors seeking a performing asset. It's well suited for buyers utilizing DSCR financing, expanding a rental portfolio, completing a 1031 exchange, or purchasing their first investment property. With a Gross Rent Multiplier (GRM) of just 7.55 and an impressive 13.25% gross rental yield, this property stands out as a strong buy-and-hold opportunity. The Mansfield rental market continues to experience solid demand, making this an attractive long-term investment with immediate cash flow and future appreciation potential. Tenant rights transfer with the sale. Don't miss your chance to secure another performing asset at an affordable price! Showings available with accepted offer. DO NOT DISRUPT TENANTS.
Additional Information
- Taxes
- $712
- Property Description
- Conventional
- Heating
- Forced Air, Gas
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Shingle
- Parking Features
- On Street
- School District
- Mansfield CSD - 7006
Listing Courtesy of: Kristin Horst, 4realestate.kristin@gmail.com With RE/MAX First Realty, LLC
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