A beautiful multi-unit property that needs the right person to put some love into fixing it up. The character of this property can still be preserved and has so much potential to become exactly what it should be. This is a fantastic opportunity for someone looking to make their mark and bring this charming property back to life.
Four renovated units in total, all presently occupied & under professional management. Each unit features separate electric & gas meters, with tenants responsible for payments. Water payments are made partially by tenants. The property boasts a modern concrete driveway & represents a valuable addition to your investment portfolio, situated in the esteemed Old West End historical district. New Appliances! Laundry in basement. Exterior recently painted. ADT Surveillance. Currently offered at a 7% cap rate, presenting potential for further appreciation.
Three renovated units are presently leased & under professional management. Each unit features separate electric & gas meters, with tenants responsible for associated payments. Water payments are made partially by tenants. The property boasts a modern concrete driveway, making it a valuable addition to your investment portfolio situated in the historic Old West End district. Exterior recently painted. Laundry in the basement. ADT Surveillance.Presently offered at a 7% cap rate, providing potential for increased profitability.
The median home value in Toledo, OH is $70,000. This is lower than the county median home value of $101,400. The national median home value is $219,700. The average price of homes sold in Toledo, OH is $70,000. Approximately 44.39% of Toledo homes are owned, compared to 41.13% rented, while 14.49% are vacant. Toledo real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Toledo real estate agent to arrange a tour today!
Toledo, Ohio 43620 has a population of 279,455. Toledo 43620 is less family-centric than the surrounding county with 20.71% of the households containing married families with children. The county average for households married with children is 25.52%.
The median household income in Toledo, Ohio 43620 is $35,808. The median household income for the surrounding county is $44,820 compared to the national median of $57,652. The median age of people living in Toledo 43620 is 35.2 years.
The average high temperature in July is 84.4 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 34.9 inches per year, with 37.6 inches of snow per year.