Vision Sales Team

Conventional

104 Vennum Avenue

Mansfield, OH 44903

MLS#: 5239115

$77,000

Status: Active
Listing number: 5239115
Listing provided by: RE/MAX Crossroads Properties
Listing agent phone: None
Last update: 2 hours ago
New on site today
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Property

Beds

4

Full Baths

2

1/2 Baths

None

Year Built

1930

Sq.Footage

1,338

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.

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    2

  • Above Grade Finished Area

    1338.0

  • 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

    Aluminum Siding, Vinyl Siding

  • Parking

    On Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1561

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Conventional

Price

  • Sales Price

    $77,000

  • Tax Amount

    $715

  • Sq. Footage

    1,338

  • Price/SqFt

    $57

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 Crossroads Properties

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Agent Shelby Humpal

AGENT

Shelby Humpal

Call Shelby today to schedule a private showing.

(440) 321-8376

Shelby@VisionSalesTeam.com


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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.

104 Vennum Avenue

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