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Garden Park, Toledo, OH

Garden Park, Toledo, OH

$49,900.00Price
This home on Garden Park, Toledo, Ohio is a fantastic 2 bed, 1 bath home with a single garage and carport. This investment property is situated on a low maintenance 4,007 sq ft lot and is offered at a $14,000 discount to the most recent comparable sale. The work being completed includes: bathroom upgrade, minor kitchen repairs, new appliances, new carpet, interior painting, exterior painting, sheetrock repair throughout, minor plumbing, new hot water tank, minor electrical, drylok basement and new light fittings.

This turnkey property is located in the heart of the 43612 zip code and within a stone throw away of shops and amenities.

The most recent and closest comparable property sold for $64,000 with other renovated homes selling in the $50,000+ range. The all time high sale price for this property was $51,000 in 2005.
  • Details

    Single Family Home

    Property Type: Residential
    Property Market: Toledo
    Lot Size: 4,007 sq ft
    Square Footage: 942 sq ft
    Bedrooms: 2
    Bathrooms: 1
    Car: Garage & Carport

    Property Pro-Forma Details
    Monthly Rent: $750
    Annual Rent: $9,000
    Annual Net Return: $6,300
    Cap Rate: 13%

    Annual Expenses
    Property Tax: $1,300
    Insurance: $500
    Management: $900
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