516 Burns Street, Mansfield, OH 44903

$72,000
3
BD
1
BA
884
SqFt

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Sold Price
$72,000
List Price
$79,900
Status
CLOSED
Style
Cape Cod
MLS#
5190695
Year Built
1952
Closing Date
Apr 10, 2026
Bedrooms
3
Bathrooms
1
Living Area
884
Region
Mansfield
Township
Mansfield
Subdivision / Building
Mansfield

Property Description

Welcome to 516 Burns St, a great opportunity whether you're looking to expand your rental portfolio or purchase a budget-friendly home. This property offers simple living, low exterior maintenance, and a functional layout that appeals to both investors and owner-occupants. For investors, the property has a strong rental history and offers an estimated cap rate around 13%. For buyers looking to own instead of rent, this property offers an accessible price point and manageable size that’s easy to maintain. The home features a covered front entry, a walkout basement & off-street parking area. Its straightforward layout makes it easy to personalize or keep as a reliable rental. Conveniently located near local amenities, shopping, and main routes around Mansfield. Opportunities like this attract attention quickly! Schedule your showing today!

Additional Information

Taxes
$214
Acres
0.21
Sewer
Public Sewer
Roof
Shingle
Water
Public
Heating
Forced Air, Gas
Cooling
None
School District
Mansfield CSD - 7006

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Calculator source: Real Geeks

Listing Courtesy of: Kristin Horst, 4realestate.kristin@gmail.com With RE/MAX First Realty, LLC

Selling Office: Sluss Realty.

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