Burton Ave., Toledo, OH
$36,000.00Price
This home on Burton Ave., Toledo, Ohio is a 2 bed, 1 bath home situated on a low maintenance 3,800 sq ft lot. This investment property comes with a detached double garage. It has been completely renovated with some of the work including: interior and exterior painting, new kitchen counter top, new bathroom flooring, new vanity, electrical upgrade, new plumbing, new furnace, new gas lines, new hot water, polishing floorboards, new light fittings and landscaping.
This turnkey property is located in a quiet neighborhood which is half owner occupied and half investor owned. The property is also situated within a short drive of Sylvania Ave, where local amenities can be found.
The most recent area comparables are showing sales prices of between $30,000 - $40,000.
Details
Single Family Home
Property Type: Residential
Property Market: Toledo
Lot Size: 3,800 sq ft
Square Footage: 768 sq ft
Bedrooms: 2
Bathrooms: 1
Car: Double Garage
Property Pro-Forma Details
Monthly Rent: $650
Annual Rent $7,800
Annual Net Return: $5,520
Cap Rate: 15%
Annual Expenses
Property Tax: $1,000
Insurance: $500
Management: $780