55 W Arch St, Mansfield, Ohio, United States | Homes For Sale at GLOBAL LISTINGS

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Home For Sale

$399,900

55 W Arch St
Mansfield, Ohio, United States

8bd 8ba

Listed By: Realtyww Info

Listed On: 08/25/2024

Listing ID: GL11489127 View More Details

Description

Welcome to 55-61 E Arch St, a solid brick, 8-unit property offering consistent income and potential for future growth. Each of the spacious 1 bed, 1 bath units spans 700 sq ft, providing ample living space. Currently, 7 out of 8 units are rented, generating $525 per unit each month, with tenants responsible for their own electric and gas utilities. The property features a mix of desirable amenities, including back balconies on the half units and attached basements for those on the bottom floor. Significant updates have been made such as new furnaces, water heaters, and plumbing improvements in select units. The electrical system has been fully updated, and the property boasts mostly new windows with freshly capped exteriors, along with newly constructed decks. With the owner providing stoves and refrigerators in every unit, and covering water and sewer expenses, this property is positioned to continue delivering steady returns. Don't miss out on this solid addition to your portfolio!

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Listed by: John Pavlansky