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242 Davis Road, Mansfield, OH 44907

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For Sale

$219,900

0.2 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Incredible investment opportunity in the highly desirable Woodland neighborhood! This well-maintained, high-performing Triplex offers lasting value & steady rental income (value-add potential), w/ all units currently leased a true turnkey addition to any investor's portfolio. The lower-level unit features a 2 bed, 1 bath layout w/ an applianced kitchen, dining area, hardwood floors, & charming original woodwork. The second level also offers a spacious renovated 2 bed, 1 bath layout, while the third floor includes a cozy 1 bed, 1 bath unit maximizing rental potential across all three floors. Tenants enjoy off-street parking, a two-car detached garage, & just the right amount of green space for outdoor relaxation. Updates include roof/updates (2015/2021), siding (2016), breaker panal (2021), & newer water heaters (2019 & 2023) w/ 2nd floor renovation in 2022 enhancing both durability & ease of ownership. With strong rental performance, a prime location, & potential for future upside, this cash-flowing asset is ideal for both seasoned investors & first-time multifamily buyers. 24 hour showing notice please respect tenant rights.
MLS# 225013103

Courtesy Of Red 1 Realty, LLC

(614) 585-9020

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Heating System
    Steam
  • Lot Size
    0.2 Acres

Map and Directions

Directions to 242 Davis Road, Mansfield, OH 44907

Home seller CENTURY 21 DePiero & Associates, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 DePiero & Associates, Inc.

(440) 842-7010
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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