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office@realtyforward.com +1(614) 219-9214

Listed by The Justin Gerwig Team of RE/MAX First Realty

$ 89,900

Est. payment -/mo

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317 Altamont Ave. Mansfield, OH 44902

3 Beds

1 Bath

1,528 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,528 sqft

Price per Sqft $58

Subdivision Richland

MLS Listing ID 20100466

Bedrooms 3

Full Baths 1

Year Built 1930

Annual Tax Amount $177

Lot Size 0.251 Acres

Property Sub-Type Single Family Residence

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.

Location

State OH

County Richland

Interior

Interior Features Other, Dining Room, Living Room

Heating Forced Air, Natural Gas

Cooling None

Flooring Other

Fireplaces Type None

Fireplace No

Appliance None

Exterior

Exterior Feature None

Parking Features Gravel, Other

Garage Spaces 3.0

Fence Partial

Roof Type Composition,Metal

Garage Yes

Building

Lot Description City Lot

Sewer Public Sewer

Water Public

Schools

Elementary Schools Mansfield City School District

Middle Schools Mansfield City School District

High Schools Mansfield City School District

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Sold As Is

NEARBY SCHOOLS & PROPERTIES

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