317 Altamont Avenue, Mansfield, OH 44902

$89,900
3
BD
1
BA
1,528
SqFt

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List Price
$89,900
Status
ACTIVE
Style
Conventional
Stories
2
MLS#
5239127
Year Built
1930
Bedrooms
3
Bathrooms
1
Living Area
1,528
Region
Mansfield
Township
Mansfield
Subdivision / Building
Mansfield

Property Description

Turnkey Mansfield rental with recent improvements, an established tenant and income from day one! Currently generating $800/month ($9,600 annually) in private-pay rent with a lease secured through August 2027. The property offers an approximate 10.7% gross rental yield and 9.36 GRM. A substantial rehab/update completed in 2025 means much of the heavy lifting has already been done, including paint, flooring, faucets, cabinetry, windows, doors and electrical improvements. This combination of recent capital improvements and an existing lease makes the property especially appealing to buy-and-hold, BRRRR and portfolio investors seeking predictable rental income without immediately taking on a major renovation or tenant-placement project. Seller is respecting tenant privacy and will not permit showings until agreeable purchase terms have been presented. Offers may be submitted contingent upon satisfactory interior inspection. Please do not disturb occupants.

Additional Information

Taxes
$179
Acres
0.25
Sewer
Public Sewer
Roof
Metal, Shingle
Water
Public
Heating
Forced Air, Gas
Cooling
None
School District
Mansfield CSD - 7006

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

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