605 Heineman Boulevard, Mansfield, OH 44903

$77,000
3
BD
1
BA
1,248
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$77,000
Status
ACTIVE
Style
Conventional
Stories
2
MLS#
5239122
Year Built
1935
Bedrooms
3
Bathrooms
1
Living Area
1,248
Region
Mansfield
Township
Mansfield
Subdivision / Building
Mansfield

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.

Additional Information

Taxes
$188
Acres
0.08
Sewer
Public Sewer
Roof
Metal
Water
Public
Heating
Forced Air, Gas
Cooling
None
School District
Mansfield CSD - 7006

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of: Kristin Horst, 4realestate.kristin@gmail.com With RE/MAX Crossroads Properties

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Assured Real Estate are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.