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327 River Place, Toledo, OH 43611

$50,000
  • 327 River Place, Toledo, OH 43611 Main Photo

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Active
BEDS8 BATHS4 full SQUARE FEET6,027 MLS#10010306
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONStickney SCHOOLToledo

Property Description

Special Investment opportunity just minutes from Downtown Toledo and the Maumee River! Located near the riverfront, major roadways, and downtown amenities, this value-add quadplex offers strong upside in a convenient Toledo location. Improvements include a new roof, new gutters, and drywall work in some units. The property will require a full renovation, including mechanicals, interior work, and exterior work. Comparable stabilized properties within a one-mile radius have sold between $225,000 and $245,000+. Once completed, projected market rents may support approximately $2,800 to $3,200+ per month, putting the property near or above the 1% rule-a great opportunity for an experienced investor or buyer looking for a high-upside project.

327 River Place | MLS# 10010306

This multi-family property located at 327 River Place, Toledo, OH 43611 is currently listed for sale with an asking price of $50,000. River Place is located within the Toledo school district. Search Toledo real estate on www.thefitchgroupofkeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Heating: None
Lot Size: 0.12 Acres
Roof Type: Shingle
Stories: 2.0
Year Built: 1923

Amenities

Other

Feature Descriptions

Community Features: Sidewalks
Days on Site: 17
Exterior: Brick, Other
Flooring: Tile, Wood
Laundry: Other
Lot: Corner Lot
Lot Dimensions: 50X105
Parcel#: 14-28957
Parking: Off Street
Parking Notes: Off Street
Patio/Porch: Covered Porch, Front Porch
Pets Allowed: Yes
Sewer: Public Sewer
Units: 4
Utilities: Other
Water: Public

Local Schools

High School: Woodward
Middle School: None
Elementary School: Riverside
School District: Toledo

Listed By / Shown By

Listed By

Agency Name: The Danberry Co
Agency Phone: 419-531-4431

Shown By

Agent Name: Jenna Fitch
Agent Phone: (567) 246-3020
Agency Title: Key Realty

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Estimated Payment

$ 294.27 per month $279.69 Principal & Interest $0.00 Property Tax (data not provided by mls) $14.58 Homeowner's Insurance

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