283 Park Avenue West
283 Park Avenue West, Mansfield, Ohio 44902
Marketing description
Welcome to 283 Park Avenue West, a historic 6-unit brick building in downtown Mansfield, formerly “The Colonial,” currently generating $5,300/month in rents. Major updates include a new flat rubber roof (2025) and brand new A/C units for all 6 units (2025), plus updated vinyl flooring in kitchens, dining areas & 1 bedroom per unit (2022). Each spacious unit offers 3 beds, 1 bath (Unit 4 includes a half bath) with 1,300+ sq ft, featuring central air, in-unit laundry (washer/dryer included), private back decks, and front balconies overlooking Park Ave. Units blend modern updates with original charm—hardwood floors, built-ins, wood trim, doors & knobs—plus dining rooms, pantries, and ample storage. Owner supplies all appliances and pays trash; tenants pay gas, water, sewer & electric. Additional highlights include a private parking lot (2 spaces per unit), common front entry, and full basement for storage. Strong cash-flowing asset—schedule your showing today!
Investment highlights
-Brand new A/C units for all 6 units 2025
- New flat rubber roof 2025
- New vinyl floors in kitchen, dining & 1 bedroom of each unit 2022
- Currently bringing in $5,300/mo in rents
- Owner owns all appliances for tenants - Dishwasher, stove, fridge, washer & dryer
- Owner pays trash
- Tenants pay gas, water, sewer, & electric
- Each unit is 3 beds/1 bath with over 1,400 square feet (unit 4 has a half bath as well)
- Each unit features back decks with entrances
- Each unit features a front balcony over looking park Avenue
- Each unit has in unit laundry (stackable washer/dryer)
- Each unit has central air
- Each unit features dining, living, kitchen & 3 bedrooms
- Each unit features modern updates with original touches still - built in book cases, hardwood floors, original wood trim, original doors & knobs
- Each unit features a pantry
- Ample storage in each unit, no lack of closet space
- Common area front entrance for tenants with stairwell to all units & balconies
- Private parking lot (2 spots per unit)
- Full basement with possible storage for each unit
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