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(419) 320-2129
Real Estate Company
428 Platt St, Toledo, OH 43605
- $275,000
- 8
- BD
- 4,808
- SqFt
- List Price
- $275,000
- Price Change
- ▼ $24,900 1791236118
- MLS#
- 10013924
- Property Type
- Multifamily
- Bedrooms
- 8
- Sqft. of Residence
- 4,808
- Lot Size
- 9,583
- Status
- ACTIVE
- County
- Lucas
- Acres
- 0.22
- Year Built
- 1922
Property Description
INVESTOR OPPORTUNITY IN EAST TOLEDO! This income-producing 4-unit property offers an excellent opportunity to add a cash-flowing asset to your investment portfolio. Each unit features 2 bedrooms and 1 full bathroom, providing a desirable and easy-to-rent floor plan. The property is currently generating approximately $3,455 per month in rental income, providing immediate income for the new owner. Several updates have already been completed, offering a great starting point for an investor looking to continue improving the property and maximize long-term value. Located in East Toledo, just minutes from Downtown Toledo, major roadways, shopping, dining, entertainment, and the riverfront. East Toledo continues to see attention and investment, including ongoing development connecting the neighborhood to Toledo's growing downtown and riverfront areas. Whether you're an experienced investor or looking to expand your rental portfolio, this four-unit property offers solid existing cash flow, four 2-bedroom units, and additional potential for future growth.
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Additional Information
- Acres
- 0.22
- Cooling
- None
- Elementary School
- East Broadway
- Foundation
- Other
- Garage Spaces
- 2
- Heating
- Forced Air
- High School
- Waite
- Living Area
- 4,808
- Possession
- Close Of Escrow, Subject To Tenant Rights
- Roof
- Other
- School District
- Toledo
- Sewer
- Public Sewer
- Subdivision
- Yondota
- Terms
- Cash, Conventional
- Utilities
- Electricity Available, Natural Gas Available, Water Available
- Water
- Public
- Year Built
- 1922
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Listing courtesy of Listing Agent: Nicole Marie Pass (npass721@gmail.com) from Listing Office: Serenity Realty LLC.