BEDS8
BATHS
SQUARE FEET6,027
MLS#10010306
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONStickney
SCHOOLToledo
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Heating: None
Lot Size: 0.12 Acres
Roof Type: Shingle
Stories: 2.0
Year Built: 1923
Amenities
Other
Feature Descriptions
Community Features: Sidewalks
Exterior: Brick, Other
Flooring: Tile, Wood
Laundry: Other
Lot: Corner Lot
Lot Dimensions: 50X105
Parcel#: 14-28957
Parking: Off Street
Parking Notes: Off Street
Patio/Porch: Covered Porch, Front Porch
Pets Allowed: Yes
Sewer: Public Sewer
Units: 4
Utilities: Other
Water: Public
Local Schools
High School: Woodward
Middle School: None
Elementary School: Riverside
School District: Toledo
Listed By / Shown By
Listed By
Agency Name: The Danberry Co
Agency Phone: 419-531-4431
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 294.27 per month $279.69 Principal & Interest $0.00 Property Tax (data not provided by mls) $14.58 Homeowner's Insurance
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 www.ikeyrealty.com today.