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.
Listed By
Agency Name: RE/MAX First Realty, LLC
Agency Contact: 4realestate.kristin@gmail.com, 419-496-1530
Shown By
Agent Name: Jordan Shaver
Agent Phone: (330) 506-4283
Agency Title: Gonatas Real Estate
Estimated Payment
$ 241.05 per month $200.08 Principal & Interest $14.75 Property Tax $26.22 Homeowner's Insurance
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317 Altamont Avenue | MLS# 5236606
This single family home located at 317 Altamont Avenue, Mansfield, OH 44902 is currently listed for sale with an asking price of $89,900. This property was built in 1930 and has 3 bedrooms and 1 full baths with 1528 sq. ft. Altamont Avenue is located in the Mansfield subdivision within the Mansfield City school district. Search Mansfield real estate on jordan.gonatasrealestate.com today.