$3,200,000

150 N Main St Mansfield, PA 16933

Estimated payment $21,964/month

Total Views 4,712
-- Bed
-- Bath
59,616 Sq Ft
$54 Price per Sq Ft

Highlights

  • 3.84 Acre Lot
  • Tile Flooring
  • Forced Air Heating and Cooling System
  • Mountain View

About This Home

Commons at Mansfield is a well-maintained community located in Mansfield, PA, offering a total of 47 rentable units across two three-story buildings. Originally constructed as 48 units, one unit was repurposed to accommodate the leasing office, resident lounge, maintenance shop, and Service Manager's office. Currently 97% occupied, the property features a mix of spacious 3- and 4-bedroom floor plans. Each unit includes central air conditioning, sub-metered electric, in-unit washers and dryers, and kitchen appliances such as a refrigerator, stove, built-in microwave, and dishwasher.

Financials are available to qualified buyers upon execution of a confidentiality agreement.

Positioned in the heart of Pennsylvania's Northern Tier, Mansfield offers the perfect blend of small-town living with proximity to some of the state's most scenic natural destinations. Situated at the gateway to the PA Wilds, the area is a haven for outdoor enthusiasts, offering access to thousands of acres of state forest, hiking trails, hunting grounds, and the nearby Pine Creek Rail Trail.

Its strategic location near the New York border also makes it an attractive home base for those working in nearby regions of New York state or within the surrounding Pennsylvania counties. Residents benefit from both the tranquility of rural living and the convenience of regional access. Just across the street from the community is a shopping plaza featuring CVS, Dollar General, and a state liquor store, with additional retailers and dining options, including McDonald's and Wal-Mart, close by. Major thoroughfare US-15 is only one mile away, further enhancing the property's connectivity. With its balanced mix of natural beauty, practical convenience, and diversified tenant appeal, Commons at Mansfield offers a compelling rental opportunity in a uniquely positioned market.

Listing Agent

Michael Bradley

MERICLE COMMERCIAL RE SERVICES License #RS293480 Listed on: 07/21/2025

Co-Listing Agent

Donald Cortese

MERICLE COMMERCIAL RE SERVICES License #RS274144

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $55,958

Year Built

  • Built in 1969

Lot Details

  • 3.84 Acre Lot
  • Property fronts a private road

Parking

  • 155 Open Parking Spaces

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 59,616 Sq Ft Home
  • 3-Story Property
  • Mountain Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Tile

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • 47 Units

Listing and Financial Details

  • Assessor Parcel Number 23-03D00-002; 23-03D00-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$55,958

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Basement Access: Walk In
  • Details Property Assoc: No
  • Land Use Leased Lot: No
  • Lot Size Acres: 3.84
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Subdivision Name: None
  • Year Built: 1969
  • Common Area Electric Paid By: Tenant
  • Common Area Heat Paid By: Tenant
  • Road Frontage Type: Private Road
  • Co List Office Mls Id: 33
  • Directions: Located along N. Main Street across from Corey Street.
  • Cooling:Central Air: Yes
  • Water Source:Public3: Yes
  • Percent Basement Finished: Yes
  • Electrical Service:Circuit Breakers: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Has Basement: Finished, Full, See Remarks
  • Flooring: Carpet W/W, Tile
  • Full Basement: Yes
  • Basement:See Remarks19: Yes

Exterior Features

  • View: Residential, Mountain(s)
  • Construction Type: Brick, Vinyl Siding, Frame
  • Foundation Details: Block
  • Roof: Shingle
  • Construction:Frame: Yes

Garage/Parking

  • Open Parking Spaces: 155.0
  • General Property Description:_pound_ Parking Spaces: 155.0
  • Parking:Parking LotPad: Yes

Utilities

  • Cooling: Central Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Heating Type:Hot Air: Yes
  • Heating Fuel:Electric5: Yes
  • Heating Type:Heat Pump: Yes

Condo/Co-op/Association

  • Association Name: No

Schools

  • Junior High Dist: Tioga

Lot Info

  • Zoning: B-2, R-3
  • Lot Size Sq Ft: 167270.4
  • Parcel #: 23-03D00-002; 23-03D00-003

Multi Family

  • Number Of Units Total: 47

Tax Info

  • Tax Annual Amount: 55957.79

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $55,203 $2,933,230 $567,000 $2,366,230
2024 $76,758 $2,882,110 $567,000 $2,315,110
2023 $51,088 $1,535,100 $178,070 $1,357,030
2022 $62,490 $1,897,100 $178,070 $1,719,030
2021 $61,808 $1,897,100 $178,070 $1,719,030
2020 $61,485 $1,897,100 $178,070 $1,719,030
2019 $61,219 $1,897,100 $178,070 $1,719,030
2018 $60,252 $1,897,100 $178,070 $1,719,030
2017 -- $1,897,100 $178,070 $1,719,030
2016 $57,881 $1,897,100 $178,070 $1,719,030
2015 -- $1,897,100 $178,070 $1,719,030
2014 -- $1,897,100 $178,070 $1,719,030
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 For Sale $3,200,000 -- $54 / Sq Ft
Source: West Branch Valley Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $57,405 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,500,000 Future Advance Clause Open End Mortgage
Previous Owner $620 Future Advance Clause Open End Mortgage
Source: Public Records

Source: West Branch Valley Association of REALTORS®

MLS Number: WB-102004

West Branch Valley Association of REALTORS®

APN: 23-03D00-002