1547 Airline Ave, Toledo, OH 43609
- $119,900
- 4
- BD
- 1,248
- SqFt
- List Price
- $119,900
- MLS#
- 10009043
- Property Type
- Multifamily
- Bedrooms
- 4
- Sqft. of Residence
- 1,248
- Lot Size
- 8,800
- Status
- ACTIVE
- County
- Lucas
- Acres
- 0.20
- Year Built
- 1912
Property Description
Income-Producing Duplex - Investment Package Available Excellent opportunity to acquire a cash-flowing duplex with long-term tenants already in place. Both units are leased at $700 per month, generating $1,400 in monthly rental income, with leases secured through March 2027 for predictable returns and minimal vacancy concerns. Recent updates completed in 2024 include new windows and flooring, adding value while reducing near-term maintenance expenses. This well-performing property is ideal for investors seeking stable income and a turnkey addition to their portfolio. Package purchase available with 1538 N Michigan and 1038 Prouty, offering the opportunity to expand your investment portfolio with multiple income-producing properties.
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Additional Information
- Acres
- 0.20
- Cooling
- None
- Elementary School
- Burroughs
- Foundation
- Other
- Heating
- Forced Air, Natural Gas
- High School
- Bowsher
- Living Area
- 1,248
- Possession
- Close Of Escrow, Subject To Tenant Rights
- Roof
- Shingle
- School District
- Toledo
- Sewer
- Public Sewer
- Terms
- Cash, Conventional
- Utilities
- Electricity Available
- Water
- Public
- Year Built
- 1912
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Listing courtesy of Listing Agent: Max Fields (maxfieldsrealty@outlook.com) from Listing Office: Blacktree Realty LLC.