627 Walbridge Ave, Toledo, OH 43609

$135,000
6
BD
2,882
SqFt

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List Price
$135,000
Status
ACTIVE UNDER CONTRACT
Days on Market
33
MLS#
10009637
Subtype
Residential Income
Year Built
1877
Bedrooms
6
Living Area
2,882
Lot Size
9,000
Acres
0.21
Subdivision
Knowers

Property Description

Can be purchased individually or as part of a package with 582 South. Side-by-side townhouse with strong rental history and solid returns. Each unit offers approximately 1,440 sq ft, 1.5 baths, private entrances, full basements, and fenced yards. Current rents are $965 and $980 per month, totaling $1,945/month in gross income. Tenants pay gas and electric. Property has seen recent updates including new flooring and paint in both units within the past 1-2 years, new vinyl windows (2024 with some earlier), new composite entry doors, and a new roof in 2024 (EPDM on flat areas and 30-year shingles on pitched sections). Separate utilities, off-street parking, and washer/dryer hookups in both units. Opportunity for steady cash flow with potential for future rent growth. No showings without an accepted offer. Do not disturb tenants.

Additional Information

Interior Features
Other
Flooring
Tile, Other, Hardwood
Appliances
Water Heater
Heating
Forced Air
Air Conditioning
None, Other
Roof
Flat
Foundation
Other
Parking Features
On Street
School District
Toledo
Elementary School
Marshall Stemm Academy
High School
Waite

Listing courtesy of Listing Agent: John Kurfess (john@johnkurfess.com) from Listing Office: RE/MAX Preferred Associates.

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Calculator source: Real Geeks