229 E 1st Street | Mansfield
Opportunity is knocking! Are you ready to answer? This property offers the perfect blend of functionality and upside potential for buyers looking to build equity fast. Features include a hard-to-find first-floor master suite with convenient laundry location \u0026 a second full bath upstairs adding flexibility for guests or additional occupants, making this layout both practical and appealing. Outside, enjoy ample private off-street parking, a rare find that adds immediate convenience and desirability. Major updates include a roof approximately 2 years old, helping reduce big-ticket concerns so you can focus on improvements that build equity. With the right vision and a little sweat equity, the upside here is undeniable. Current rental income of $1,000/month provides a strong cash flow and an exceptional 16% cap rate. Priced to move! MLSNow 5239113 Directions to property: From downtown Mansfield, take S Main St south, turn left onto E 2nd St, turn right onto S Foster St, turn left onto E 1st St, property will be on the left. Parking is behind the house on Marshall Ave.
All information is believed to be reliable, but is not guaranteed and should be independently verified with a real estate professional. Agency Real Estate is a member of the National Association of REALTORS® Equal Housing Opportunity.