Pilgrim Rd., Toledo, OH
$39,000.00Price
This home on Pilgrim Rd Toledo, Ohio is a 3 bed, 1 bath home situated on a low maintenance 3,440 sq ft lot. This investment property comes with a single carport and has a large upstairs bedroom. The work completed includes: interior painting, new carpet, kitchen repairs, bathroom repairs, new linoleum, furnace repairs, new plumbing, new sheetrock, new windows, new light fittings.
This turnkey property is located within walking distance of Toledo University, an area that is in high demand for rental properties. Toledo University has over 23,000 students enrolled.
The all time high sale price for this property was $62,000 in 2003.
There are currently two properties listed for sale on Pilgrim Rd. Asking prices are $65,000 for one and $32,000 for the other.
Details
Single Family Home
Property Type: Residential
Property Market: Toledo
Lot Size: 3,440 sq ft
Square Footage: 832 sq ft
Bedrooms: 3
Bathrooms: 1
Car: Carport
Property Pro-Forma Details
Monthly Rent: $700
Annual Rent: $8,400
Annual Net Return: $5,860
Cap Rate: 15%
Annual Expenses
Property Tax: $1,200
Insurance: $500
Management: $840