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Pilgrim Rd., Toledo, OH

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
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