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.
For sale by owner
Street View
Price increase: $180K (5/1)
$545,000
2324 Putnam St, Toledo, OH 43620
7beds
5,884sqft
Est.:
Apartment
Built in ----
-- sqft lot
$-- Zestimate®
$93/sqft
$-- HOA
Overview
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
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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