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SFR - [Zoned Duplex]

2b/1ba 1,074 sqft living space

Off Market Free & Clear

Owner Financing available

Features

Situated in the heart of Toledo, just 13 minutes from Toledo University, this fixer-upper is a prime opportunity for a buy & hold or Fix & Flip. This charming early 20th-century single-family home boasts classic American architecture, featuring a welcoming front porch and a spacious yard. The property is ideally situated close to parks, hospitals, schools, shopping, and the vibrant downtown Toledo area, offering convenience and potential in one appealing package. Ohio is a landlord friendly state.

Market rents:

As single family $969 (SFR)

https://www.rentometer.com/analysis/2-bed/613-clark-st-toledo-oh-43605/8kWmKKvo_qk/quickview

Higher rents for Section 8 - https://www.lucasmha.org/payment-standards

Rehab Estimate

$50k convert to duplex [rent ready] - local contractor labor & material quote

Photos

https://photos.app.goo.gl/xDooqwcBFwu47Zhs6

ARV Est: $110k - $120k

Comps:

28 Nevada St - $96k Feb

565 Viking St - $55k Feb (SFR)

557 Clark St - $108k Feb (duplex)

55 Jay St - $124k Jan

Cash Asking: 

$32k Cash

Seller Finance Asking:

$40k total

$15k down

$25k balance 

$400 per month

0% interest rates

62 payments

$4k EMD - Let’s Close!