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Mayfair Blvd., Toledo, OH

Mayfair Blvd., Toledo, OH

$44,900.00Price
This home on Mayfair Blvd, Toledo, Ohio is a neat and tidy 2 bed, 1 bath home situated on a large 6,000 sq ft lot. This investment property is located in a quiet street and an area that is heavily owner occupied with many owners occupying there homes for 20+ years. The work being completed includes: complete bathroom overhaul, compete kitchen overhaul, new appliances, new carpet, interior painting, new furnace, new electrical panel, new hot water tank, new plumbing, and new light fittings.

This turnkey property is located within a 7min drive of the Toledo GM Powertrain. One of the largest employers in town with over 2,000 employees.

Over the years, renovated comparable homes have been known to sell between the $40,000 - $50,000 price range. Currently there are 2 properties for sale within close proximity. One is listed for $64,900 while the other has an asking price of $64,500.
  • Details

    Single Family Home

    Property Type: Residential
    Property Market: Toledo
    Lot Size: 6,000 sq ft
    Square Footage: 725 sq ft
    Bedrooms: 2
    Bathrooms: 1
    Car: Driveway

    Property Pro-Forma Details
    Monthly Rent: $700
    Annual Rent: $8,400
    Annual Net Return: $6,060
    Cap Rate: 13%

    Annual Expenses
    Property Tax: $1,000
    Insurance: $500
    Management: $840
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