πŸ”₯🏠Toledo Cash Flowing Two Pack 🏠πŸ”₯

Lucas County, Toledo, OH, 43608
Sold
Listed at: October 5th, 2023
Price
$64,900
ARV
$150,000
Gross Margin
$85,100
Sq. Footage
1123
Type
Single-Family
Parking
Off street
Year build
1915
Lot size
acres
Bedrooms
3
Bathrooms
1.5
Half Bathrooms
0
Summary

TWO AMAZING POTENTIAL ADDITIONS TO YOUR RENTAL PORTFOLIO!

PROPERTIES CANNOT BE SOLD SEPARATELY.


πŸ’Έ ASK PRICE: $64,900

πŸ”‘ BUY IT NOW PRICE: $74,900


PLEASE READ:

No wholesalers or daisy chains

Verbal offer & POF required to inspect

Cash offers only


πŸ“ŒADDRESS 1: 1019 Ketcham Ave. Toledo, OH 43608

🏠 Single Family Residential

πŸ›Œ Beds: 3

πŸ›€ Baths: 1.5

✨ Sq Ft: 1123

🧱 Built: 1915

πŸ‘¨β€πŸ‘©β€πŸ‘§ Current Occupancy: Tenant

πŸ‘©β€πŸ‘§β€πŸ‘¦ Occupancy at Close: Tenant MTM

πŸ’£ Current Rent: $600 MTM

πŸ’£ Market Rent: $1000 +

πŸ”¨ Repairs: Light

🌟 More Info 🌟

  • House is dated but functional
  • Large yard (.133 acre lot)
  • Roof: 10 yrs old
  • Furnace: 5yrs old
  • HWH: 5 yrs old
  • AC: Window units


πŸ“ŒADDRESS 2: 519 E Central Ave. Toledo, OH 43608

🏠 Single Family Residential

πŸ›Œ Beds: 4

πŸ›€ Baths: 1

✨ Sq Ft: 1354

🧱 Built: 1915

πŸ‘¨β€πŸ‘©β€πŸ‘§ Current Occupancy: Tenant

πŸ‘©β€πŸ‘§β€πŸ‘¦ Occupancy at Close: Tenant MTM

πŸ’£ Current Rent: $550 MTM

πŸ’£ Market Rent: $1000 +

πŸ”¨ Repairs: Light


🌟 More Info 🌟

  • House is dated but functional
  • .096 acre lot
  • New Roof
  • AC: Window units
  • Furnace: 7 years old


πŸšͺAdditional Comps:

555 E Hudson St- 4beds | 1bath | 1,282sqft - $150,000 ($117/sqft)

3427 Beaumont Dr- 3beds | 1bath | 983sqft - $85,000 ($86.47/sqft)


Call or text Ryan at (856) 723-4501 for more info before this deal sells!


❗ IMPORTANT ❗ The below terms are NON-NEGOTIABLE. Bowen Capital is a professional disposition company that will enforce the following conditions:

  • $5,000 non-refundable EMD
  • Buyer to pay all standard closing costs
  • Cash, hard money, or private money only
  • Closing to be with Bowen’s preferred attorney
  • No JVing - This deal is NOT to be marketed elsewhere
  • Any commission is to be added ON TOP of asking price


DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving Bowen Capital exclusive rights to purchase the property. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action.


 πŸ’²Need Financing? πŸ’²

Apply Here: https://coastalequitygroup.com/apply-for-loan/
(Tell Kent that Bowen Capital sent you!)


Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Chris Prophater

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Disposition manager