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For sale by owner
Street View
  • Price increase: $180K (5/1)
    $545,000

    2324 Putnam St, Toledo, OH 43620

    7beds
    5,884sqft
    : 
    Apartment
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $93/sqft
    $-- HOA

    Overview

    Multi unit apartment in one of the top investment real estate markets in the country, where properties are constantly appreciating this is a one of a kind unit there are no comps for this unit you will not find another unit such as this for this favorable price that's already producing income and in a location where there is a housing shortage of rental properties. a this unit bring in 10-15% return on your investment this is a functioning income producing property right now, and all units are rented out on 1 year leases you can easily make $65,000 per year in rental income ($5400 per month liquid revenue per month) great investment because there are not too many places that aren't extremely risky where you can earn approximately 10-15% guaranteed return on your investment with immediate monthly payments beginning the month you make this purchase owner has owned property nearly 25 years and is not desperate because this is a cash cow so please do not call to 1. ask to list with a broker; owner not interested in listing with a broker / agent 2. no owner financing will be considered over 2 years - owner really not to interested in owner financing but if any owner financing were considered buyer would need minimum of 25% down payment to even be consider. Then they must be able to find funding to pay entire balance including any interest within 24 months or risk forfeiting their down payment 3. please do not call to give a low-ball offer or ask the buyer the lowest they will take. Unit is listed for $545k from that point it's up to the potential buyer to make the offer that they deem to be appropriate. In addition, as add states there are not many places where you can earn 10-15% return on your investment while reaping immediate monthly dividends on your investment. furthermore, we have already had multiple offers in the $400's. Yet we didn't accept because they were too far away from the asking price. so please make your first offer your best offer thank you for considering our property and we hope to hear from you soon.
    What the owner loves about this home
    This is a unique one of a kind unit that cant be remade they do not make these properties any more Therefore you will never see a unit comparable to this unit anywhere else each apartment is different from each other all units include refrigerator and stoves
    171 days
    on Zillow
    |
    536
    |
    10
    |
    Listed by:

    (567) 260-0022

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Gas
    Cooling
    • None
    Appliances
    • Included: Range / Oven, Refrigerator
    • Laundry: None
    Features
    • Flooring: Carpet, Hardwood, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 5,884 sqft

    Property

    Parking
    • Parking features: On-street
    Features
    • Exterior features: Wood
    Details
    • Parcel number: 1329277

    Construction

    Type & style
    • Home type: Apartment
    Condition
    • New construction: No

    Community & HOA

    Location
    • Region: Toledo

    Financial & listing details

    • Price per square foot: $93/sqft
    • Date on market: 12/29/2024
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