AMAZING LOCATION! Huge ROI with minimal work required

Lucas County, Toledo, OH, 43606 view full address
For Sale
Listed at: August 20th, 2024
Price
$59,999
ARV
$120,000
Gross Margin
$60,001
Sq. Footage
1080
Type
Detached
Parking
Street
Year build
1923
Lot size
0.11 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

Single Family Detached

3 bed / 2 bath

1080 SF

Off Market Free & Clear

 

Features

West side of Toledo with fast appreciating rents and appraisal values, short drive from University , Downtown, and park areas.

Great neighborhood!

 

Market rents:

3b/1ba - $1100 (source: Rentometer)

Even higher Section 8 rents:

3b/1ba - $1568 (source: https://www.lucasmha.org/payment-standards)

Great condition light rehab needed, recent updates include:
-new roof 
-new windows
-new electrical
-new plumbing
-enclosed screen porch
-new vinyl siding new furnace
-new water heater

 Property will be delivered vacant

 

ARV Est: $120k

 

Cash Asking: 

$59,999 Cash

$5k EMD - Let’s Close!

Proof of Funds required before access is granted.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Kareem Robinson

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Disposition manager