Zoned Duplex

3b/1ba 1,266 sqft living space

Off Market Free & Clear

Owner Financing available

Features

Vinly siding

5 minute drive to Mercy Health - St. Vincent Medical Center Emergency Department

Market rents:

As single family $999

https://www.rentometer.com/analysis/3-bed/1232-e-bancroft-st-toledo-oh/P_1s-mXgwpE/quickview

Duplex as 2/1 - $818 per unit

https://www.rentometer.com/analysis/2-bed/1232-e-bancroft-st-toledo-oh-43608/yjxI69Arvp4/quickview

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

Rehab Estimate

$55k-$58k

https://docs.google.com/document/d/1cobXiJOmPsMevt65FUQNki6e_HqIsnTQUEu1kvt1Sm4/edit?usp=sharing

Photos

https://photos.app.goo.gl/iJUhyD6vTU62gNg29

Comps:

1610 Walnut St - $55k March

313 Sherman St - $84k May

Cash Asking: 

$20k Cash

Or

Seller Finance:

$25k total

$5k down

$20k balance 

$400 per month

0% interest rate 

$3k EMD - Let’s Close!