Property Listing

FULLY OCCUPIED! 8 UNIT CASH FLOW PROPERTY 43605


Property Overview

8 UNITS

HOWLAND & NAVARRE AVE. TOLEDO, OHIO 43605

PURCHASE PRICE $ 130k | NOI $21,073.00 (AS IT SITS)

PROPERTY OVERVIEW

Average Rent

1BED $488 - 2BED $560 rentoMeter.com

 ALL UNITS ARE OCCUPIED MTH to MTH  

ALL UNITS HAVE SEPARATE METERS FOR GAS & ELECTRIC

1905 NAVARRE 1BED | $370 MTH

1901 NAVARRE 1BED | $375 MTH

765 HOWLAND 2BED |$400 MTH

767 HOWLAND 2BED | $310 MTH (BEEN THERE 20YRS)

769 HOWLAND 2BED | $400MTH

771 HOWLAND 2BED | $375 MTH

       (2 UNIT- NEW ROOF 2013)

759a HOWLAND 2BED | $400 MTH

759b HOWLAND 2BED | $375 MTH

Owner pays water approx $650 qtr
Trash pick up is $180 mth.
units have fuse boxes 2 have been changed.
ins- $180 mth

EST. Repairs $45K

(SUB CONTRACTING OUT THE WORK)

  • $20K - ROOF 43 SQ FT (INCLUDES TEAR-OFF SOFFITS & ALL WRAPPING)
  • $2500 -  TUCKPOINTING BUILDINGS
  • $1500 PER UNIT -  (4 UNITS)  PAINTING & FLOORING
  • $8100 - (36) WINDOWS
  •  $4875 - (13)Entry DOORS 
  •  $1500 - GUTTERS 

We are selling an assignable purchase agreement with this property. All offers may be withdrawn or amended if something is materially different with the property. All offers are reviewed and we accept backup offers.

PRIORITY IS GIVEN TO SHOWING REQUESTS THAT INCLUDE AN OFFER!!

-ALL PROPERTIES ARE UNDER SURVEILLANCE. PLEASE CONTACT US BEFORE ENTERING-

QUESTIONS OR CONCERNS?

EMAIL INFO@HOWELLPROPERTIESLLC.COM  | CALL RICK AT 734-224-9074

 -CASH AND HARD MONEY ONLY-

$2500 NON-REFUNDABLE DEPOSIT AFTER OFFER ACCEPTED

BUYER PAYS ALL CLOSING COSTS

AGENTS, PLEASE ADD YOUR COMMISSION TO THE SALES PRICE PAID FOR BY THE BUYER

Assignor is a Licensed Agent in OHIO & MICHIGAN

 

Property Details
Beds1 & 2 Bedroom UnitsBaths.1 per UnitSquare Ft.650 per
WaterPublicSewer/ Septicn/aFuelNatural Gas
Year Built1962StyleMulti Family 1 StoryHeatingForced Air
ParkingOff Street

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