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    120 Sturges Ave Mansfield, OH 44903
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    Property profile & analytics

    120 Sturges Ave Mansfield, OH 44903


    • Office properties & Spaces
    Mansfield Multi-Family Investment Opportunity For Sale
    $399,900

    Mansfield Multi-Family Investment Opportunity

    Nine-unit property near Ohio Health

    120 Sturges Ave, Mansfield, OH 44903
    View Listing
    Property ID
    US66-2815494
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Colonial Office Building / Medical Clinic
    • Gardner Erica / Employment Agency
    • Hull Diane / Employment Agency
    • Dr. Sridhar R. Guduri, MD / Physician
    • Dr. Suri R. Suresh, MD / Physician

    Property Details for 120 Sturges Ave

    Property type
    Office properties & Spaces
    APN
    027-01-099-03-010
    APU
    270109903010

    Description

    This exceptional investment property, located at 120 Sturges Avenue in Mansfield, Ohio, presents a compelling opportunity for discerning investors. Situated just minutes from Ohio Health Mansfield Hospital, this property offers immediate income and significant long-term growth potential. The building comprises nine meticulously designed units, each equipped with individual utility submetering for efficient management and tenant cost control. This feature simplifies expense tracking and allows for straightforward billing. The property also includes valuable cold storage space located in the basement, adding to its versatility and potential rental income streams. Currently boasting an impressive 89% occupancy rate, this multi-family property demonstrates strong tenant demand and consistent cash flow. The property's prime location near a major hospital ensures a stable tenant base and minimizes vacancy risks. This is an ideal investment for both experienced real estate investors seeking portfolio expansion and newcomers looking for a solid, income-generating asset. The property's strong performance and convenient location make it a truly exceptional investment opportunity. The property sits on a lot with zero acres. The asking price is $399,900. Don't miss this chance to acquire a high-performing multi-family property in a desirable location.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Richland
    State
    Ohio
    Longitude
    -82.5238
    Latitude
    40.7552
    CBSA code
    31900
    CBSA name
    MANSFIELD, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $113
    $200
    $1,390
    $1,590
    -
    $560
    $3,960
    $4,520
    View Listing
    More about this property
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