Rick McMaken
BEDS3
BATHS1 full
SQUARE FEET1,338
MLS#20100183
STATUSActive
PROPERTY TYPEResidential - Single Family
SCHOOLMansfield City
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.
Property Features
Property Type: Residential - Single Family
Basement: Full
Basement: Yes
Cooling: None
Heating: Forced Air, Natural Gas
Lot Size: 0.16 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $712
Year Built: 1930
Feature Descriptions
Additional Structures: None
Appliances: None
Exterior: Aluminum Siding, Vinyl Siding
Exterior: None
Financing: 1031 Exchange, Cash, Conventional
Flooring: See Remarks
Garage Y/N: Yes
Interior: See Remarks
Lot: None, City Lot
Lot Dimensions: 40 x 170
Parcel #: 0270105512000
Parking: Other
Parking Total: 0
Patio/Porch: None
Rooms Total: 6
Sewer: Public Sewer
Structure Type: Onsite Built
Water: Public
Local Schools
School District: Mansfield City
Listed By / Shown By
Listed By
Agency Name: RE/MAX First Realty
Agent Name: The Justin Gerwig Team
Agency Phone: 419-756-4663
Shown By
Agent Name: Rick McMaken
Agent Phone: Cell: (937) 405-7417
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 512.51 per month $430.72 Principal & Interest $59.33 Property Tax $22.46 Homeowner's InsuranceChange Payment Information
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104 Vennum Ave | MLS# 20100183
This single family home located at 104 Vennum Ave, Mansfield, OH 44906 is currently listed for sale with an asking price of $77,000. This property was built in 1930 and has 3 bedrooms and 1 full baths with 1338 sq. ft. Vennum Ave is located within the Mansfield City school district. Search Mansfield real estate on www.showingmorehomes.com today.