242 Davis Road

Mansfield OH 44907

8712 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

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.

Features

4 carspaces

8712 sq. ft. lot size

Multi-Family

Property history for 242 Davis Road

2021

Sold

$150,000

15 Dec 2021 by Nicholas Chalton, of Red 1 Realty

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Local market activity for multi families in Mansfield

In the last 12 months, 1 multi family similar to 242 Davis Road, have been sold.

Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Nicholas Chalton

at Red 1 Realty

View listing

Sales:: (619) 566-0008

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