Mansfield House Portfolio

129, 135, and 143 Fairlawn Ave Mansfield, OH 44903

129, 135, and 143 Fairlawn Ave, Mansfield, OH, 44903
129, 135, and 143 Fairlawn Ave, Mansfield, OH, 44903 129, 135, and 143 Fairlawn Ave, Mansfield, OH, 44903 129, 135, and 143 Fairlawn Ave, Mansfield, OH, 44903 129, 135, and 143 Fairlawn Ave, Mansfield, OH, 44903 129, 135, and 143 Fairlawn Ave, Mansfield, OH, 44903 129, 135, and 143 Fairlawn Ave, Mansfield, OH, 44903 129, 135, and 143 Fairlawn Ave, Mansfield, OH, 44903 129, 135, and 143 Fairlawn Ave, Mansfield, OH, 44903 129, 135, and 143 Fairlawn Ave, Mansfield, OH, 44903 129, 135, and 143 Fairlawn Ave, Mansfield, OH, 44903
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$345,000
Last Verified:
Apr 12, 2024

Highlights

  • Three contiguous SFR houses
  • Recently Updated
  • Turnkey and ready for new ownership
  • Two houses rented at $900/mo
  • One house rent-ready at $1150/mo

Description

SVN Wilson Commercial Group is pleased to present this portfolio of three Single Family Residential rentals in Mansfield, Ohio. These properties are not only a solid investment, but they also offer the potential for significant returns. Current SFR market rents are upwards of $1150/mo, providing significant rent upside. Properties have been recently updated and renovated. Off street parking, and easy access to local amenities, jobs and freeways. Seller will review all offers.

Mansfield is a city in and the county seat of Richland County, Ohio, United States. Located midway between Columbus and Cleveland via Interstate 71, it is part of Northeast Ohio region in the western foothills of the Allegheny Plateau. The city lies approximately 65 miles southwest of Cleveland and 65 miles northeast of Columbus. The city was founded in 1808 and became a manufacturing center owing to its location with numerous railroad lines. After the decline of heavy manufacturing, the city's economy has since rebounded and diversified into a service economy, including retailing, education, and healthcare sectors. The 2010 Census showed that the city had a total population of 47,821, making it Ohio's nineteenth largest city. The city anchors the Mansfield Metropolitan Statistical Area and has a population of 124,475 residents.

Building Size: 2475sq ft
Lot Size: 0.41 acres


Documents

OM Mansfield House Portfolio

Map of 129, 135, and 143 Fairlawn Ave, Mansfield, OH, 44903

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.