426 4th Avenue, Mansfield, OH 44905
- $87,000
- 2
- BD
- 1
- BA
- 1,060
- SqFt
- List Price
- $87,000
- Status
- ACTIVE
- Days on Market
- 2
- MLS#
- 5232173
- Subtype
- Residential
- Style
- Conventional
- Year Built
- 1938
- Bedrooms
- 2
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 1,060
- Acres
- 0.18
- Subdivision
- Mansfield
- Neighborhood
- Mansfield
- MLS Area Major
- Mansfield
Property Description
Turnkey investment opportunity with immediate cash flow! NEW ROOF COMING AUGUST 2026. This tenant-occupied property is already leased through the Metro Housing/Section 8 program, providing reliable rental income from day one. The current lease is in place through December 31, 2026, offering investors the security of a long-term tenant and consistent cash flow without the hassle of finding a renter. Whether you're looking to add to your portfolio, complete a 1031 exchange, or purchase your first investment property, this is a fantastic opportunity to own an income-producing asset with an established rental history. This property presents an attractive return potential with an aprox 15.17% gross rental yield and a GRM of around 6.59! Don't miss your chance to secure a performing rental with immediate income and a lease already in place! No showings without accepted offer. DO NOT DISRUPT TENANTS.
Additional Information
- Taxes
- $581
- Property Description
- Conventional
- Heating
- Forced Air, Gas
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Shingle
- Parking Features
- Detached, Garage, Other
- Garage Spaces
- 2
- School District
- Mansfield CSD - 7006
Listing Courtesy of: Kristin Horst, 4realestate.kristin@gmail.com With RE/MAX First Realty, LLC
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