2815 E St, Toledo, OH 43608

$39,000
2
BD
1
BA
680
SqFt

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List Price
$39,000
Status
ACTIVE
MLS#
10013239
Price Change
▼ $3,900 1790739347
Property Type
Single Family Residence
Bedrooms
2
Bathrooms
1
Living Area
680
Lot Size
3,899
County
Lucas
Acres
0.09
Year Built
1917

Property Description

INVESTOR SPECIAL WITH MAJOR CAPEX ALREADY DONE! Priced for a quick cash sale, this turnkey, rent-ready single-family home features a BRAND NEW ROOF, gutters, and downspouts installed in March 2023, plus a capped and serviced chimney. The expensive mechanicals are also taken care of with an updated furnace and hot water tank replaced in 2019, alongside 100-amp electrical service. Sitting at 680 sq ft, this efficient 2-bedroom, 1-bathroom layout is highly optimized for long-term rental stability or Lucas County Metropolitan Housing (Section 8) vouchers. Expected market rents in this neighborhood range from $825 to $1,025/mo, offering an immediate 18%+ cash-on-cash ROI potential. Includes three window A/C units and existing appliances (refrigerator, washer, dryer, microwave). Covered front porch, off-street parking, and low holding costs. *FAST CLOSE INCENTIVE: Seller will credit $1,000 toward buyer closing costs for any cash offer that can successfully close in 14 days or less.* Bring your cash or portfolio line of credit offers today—this asset is built for immediate cash flow!

Additional Information

Acres
0.09
Cooling
Window/Wall
Elementary School
Elmhurst
Foundation
Block
Heating
Forced Air
High School
Woodward
Living Area
680
Parking Spaces
2
Possession
Negotiable
Roof
Shingle
School District
Toledo
Sewer
Public Sewer
Subdivision
Stickneys Addn.
Terms
Cash, Conventional
Utilities
Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Water
Public
Year Built
1917

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Listing courtesy of Listing Agent: Walter R Fisher (waltfisher@dilworthstrong.com) from Listing Office: Dilworth Strong Real Estate.