853 Oak St, Toledo, OH 43605

$99,000
: 4
BD
: 2,092
SqFt

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List Price: $99,000
Status: ACTIVE
Days on Market: 6
MLS#: 10010884
Subtype: Residential Income
Year Built: 1912
Bedrooms: 4
Living Area: 2,092
Lot Size: 10,080
Acres: 0.23
Subdivision: Fassetts Sub

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Property Description

This TURNKEY, fully occupied duplex provides an opportunity for investors looking for immediate cash flow and long-term stability. There is a spacious lot next door, along with a detached garage on the property. Both units are secured by long-term leases and significant recent capital improvements . The lower unit has been meticulously maintained by a reliable tenant of 10 years. Currently rented at $550/month through November 2026. Full renovation of the upper unit, including updated pex plumbing, was completed JAN 2025 and is currently rented at $750/month through January 2027. New wood siding has recently been installed on several sections, with a fresh coat of paint across the entire exterior, increasing curb appeal. The roof was professionally inspected in 2024 and confirmed to be in good condition. Both units feature newer high-efficiency furnaces and hot water tanks, reducing the likelihood of near-term maintenance costs. Both units are in great condition, reflecting a high standard of care. This is a rare find in the Toledo market that combines updated living spaces with an established, consistent income stream. **SOME PHOTOS HAVE BEEN VIRTUALLY STAGED **

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Additional Information

Interior Features: Bar-Dry
Exterior Features: Balcony
Flooring: Carpet, Vinyl
Appliances: Water Heater
Heating: Forced Air
Air Conditioning: Window/Wall
Roof: Shingle
Foundation: Block
Parking Features: Detached, Driveway
Garage Spaces: 2
School District: Toledo
Elementary School: Navarre
High School: Waite