605 Heineman BLVD, Mansfield, OH 44903
605 Heineman BLVD, Mansfield, OH 44903
605 Heineman BLVD, Mansfield, OH 44903
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$77,000
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3 Beds
1 Bath
1,248 SqFt
Active

605 Heineman BLVD Mansfield, OH 44903

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Daniel Somerville

Daniel Somerville

+1(330) 475-8118

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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 5239122

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

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.

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, Other, Special Funding

Listing Terms Cash, Conventional, 1031 Exchange, Other, Special Funding

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Kristin Horst • RE/MAX Crossroads Properties • 4realestate.kristin@gmail.com, 419-496-1530

NEARBY SCHOOL & BUSINESS

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Daniel Somerville

Daniel Somerville

Team Leader License ID: SAL.2015004291

+1(330) 475-8118

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605 Heineman BLVD