150 N MAIN STREET, Mansfield, PA 16933

$3,200,000
Property Type: Multi-Units Square Footage: 59,616 Lot Size (sq. ft.): 167,270 Status: Closed
Current Price: $3,200,000 List Date: 11/18/2025 Last Modified: 12/01/2025

Description

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

Supplements: 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.

More Information MLS# WB-102004

Contract Information

Current Price: $3,200,000 Auction: No Listing Contract Date: 2025-07-15 Status: Closed List Price: $3,200,000 Assessed Valuation: 2948250 Listing Service: Full Service Foreclosure: No

Sold Information

Under Contract Date: 2025-10-06 Sold Date: 2025-11-18

General Property Description

Apx Abv Gr Fin SqFt: 39744 Apx Below GrFin Sqft: 19872 Apx Total Fin SqFt: 59616 Year Built: 1969 Lot Size Acres: 3.84 Number of Units: 47 # Parking Spaces: 155 Stories: 3

LocationTax and Other Information

House #: 150 Street Direction Pfx: N Street Name: MAIN Street Suffix: STREET County: Tioga State: PA Postal Code: 16933 MLS Area: TIOGA COUNTY Zoning: B-2, R-3 Subdivision Name: None Tax ID: 23-03D00-002; 23-03D00-003 Geo Lat: 41.811676 Geo Lon: -77.077187

Annual Income and Expenses

Exp - Taxes: 55957.79

# AppliancesIncluded

A/C Units: 47 Ranges: 47 Refrigerators: 47

Basement

Basement Access: Walk In

Common Area

Electric Paid By: Tenant Heat Paid By: Tenant

Details

Property Assoc.: No

Land Use

Leased Lot: No

Showings

Media Permission: No

Property Features

# AppliancesIncluded: Microwave Built In Attic: None Basement: Finished; Full; See Remarks Construction: Frame Cooling: Central Air Documents On File: Zoning Info Driveway: Asphalt; Private Road Electrical Service: Circuit Breakers Exterior Finish: Brick; Vinyl Siding Financing Considered: Cash; Conventional Floors: Carpet W/W; Tile Foundation: Block Heating Fuel: Electric Heating Type: Heat Pump; Hot Air Location: Residential Meters: Separate Electric Parking: Parking Lot/Pad Roof Type: Shingle Sewer: Public Sewer Stories: 3 Story Style: Attached Units; Other View: Mountain Water Heater: Electric Water Source: Public
Listing Office: MERICLE COMMERCIAL RE SERVICES
Listing Agent: Michael Bradley
Last Updated: December - 01 - 2025
All information deemed reliable, though not guaranteed. All measurements are approximate.