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Burton Ave., Toledo, OH

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

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