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Leybourn Ave, Toledo, OH

Leybourn Ave, Toledo, OH

$41,900.00Price
This home on Leybourn Ave, Toledo, Ohio is a 3 bed, 1 bath home with a detached garage and carport. This investment property also features an outdoor deck and is located in an area that has a mix of owner occupiers and tenants. The work being completed includes: new roof, bathroom overhaul, new furnace, new hot water, plumbing repairs, electrical repairs, kitchen repairs, new appliances, new carpet, interior painting, exterior repairs, new railings and new light fittings.

This turnkey property is located around the corner from one of our previous sales (3806 Burton) and is within a short drive of Sylvania Ave, where local shops and amenities can be found.

Renovated comparable sales within close proximity have been known to sell for between $30,000 - $50,000 with some even selling in the $60,000 price range. There are currently 2 properties listed for sale on Leybourn Ave.

3923 Leybourn Ave is asking $68,900 with 3656 Leybourn Ave asking $44,500.
  • Details

    Single Family Home

    Property Type: Residential
    Property Market: Toledo
    Lot Size: 4,400 sq ft
    Square Footage: 1,138 sq ft
    Bedrooms: 3
    Bathrooms: 1
    Car: Garage & Carport

    Property Pro-Forma Details
    Monthly Rent: $750
    Annual Rent: $9,000
    Annual Net Return: $6,400
    Cap Rate: 15%

    Annual Expenses
    Property Tax: $1,200
    Insurance: $500
    Management: $900
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