Special Investment opportunity just minutes from Downtown Toledo and the Maumee River! Located near the riverfront, major roadways, and downtown amenities, this value-add quadplex offers strong upside in a convenient Toledo location. Improvements include a new roof, new gutters, and drywall work in some units. The property will require a full renovation, including mechanicals, interior work, and exterior work. Comparable stabilized properties within a one-mile radius have sold between $225,000 and $245,000+. Once completed, projected market rents may support approximately $2,800 to $3,200+ per month, putting the property near or above the 1% rule-a great opportunity for an experienced investor or buyer looking for a high-upside project.
Listed By
Agency Name: The Danberry Co
Agency Phone: 419-531-4431
Shown By
Agent Name: Staci Severt
Agent Phone: Cell: (937) 597-8451
Agency Title: Key Realty
Estimated Payment
$ 294.27 per month $279.69 Principal & Interest $0.00 Property Tax (data not provided by mls) $14.58 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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327 River Place | MLS# 10010306
This multi-family property located at 327 River Place , Toledo, OH 43611 is currently listed for sale with an asking price of $50,000. River Place is located within the Toledo school district. Search Toledo real estate on stacisevert.ikeyrealty.com today.