853 Oak St, Toledo, OH 43605
- $99,000
- 4
- BD
- 2,092
- SqFt
- List Price
- $99,000
- MLS#
- 10010884
- Property Type
- Multifamily
- Bedrooms
- 4
- Sqft. of Residence
- 2,092
- Lot Size
- 10,080
- Status
- ACTIVE
- County
- Lucas
- Acres
- 0.23
- Year Built
- 1912
Property Description
This TURNKEY, fully occupied duplex provides an opportunity for investors looking for immediate cash flow and long-term stability. There is a spacious lot next door, along with a detached garage on the property. Both units are secured by long-term leases and significant recent capital improvements . The lower unit has been meticulously maintained by a reliable tenant of 10 years. Currently rented at $550/month through November 2026. Full renovation of the upper unit, including updated pex plumbing, was completed JAN 2025 and is currently rented at $750/month through January 2027. New wood siding has recently been installed on several sections, with a fresh coat of paint across the entire exterior, increasing curb appeal. The roof was professionally inspected in 2024 and confirmed to be in good condition. Both units feature newer high-efficiency furnaces and hot water tanks, reducing the likelihood of near-term maintenance costs. Both units are in great condition, reflecting a high standard of care. This is a rare find in the Toledo market that combines updated living spaces with an established, consistent income stream.
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Additional Information
- Acres
- 0.23
- Cooling
- Window/Wall
- Elementary School
- Navarre
- Foundation
- Block
- Garage Spaces
- 2
- Heating
- Forced Air
- High School
- Waite
- Living Area
- 2,092
- Parking Spaces
- 5
- Possession
- Close Of Escrow
- Roof
- Shingle
- School District
- Toledo
- Sewer
- Public Sewer
- Subdivision
- Fassetts Sub
- Terms
- Cash, Conventional
- Utilities
- Electricity Available, Natural Gas Available, Sewer Connected
- Water
- Public
- Year Built
- 1912
Mortgage Calculator
Listing courtesy of Listing Agent: Brianna Huckaby (briannanhuckaby@gmail.com) from Listing Office: iLink Real Estate Company, LLC.