327 River Pl, Toledo, OH 43611

$30,000
8
BD
6,027
SqFt

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List Price
$30,000
Status
ACTIVE
Days on Market
79
Price Change
▼ $20,000 1790285812
MLS#
10010306
Subtype
Residential Income
Year Built
1923
Bedrooms
8
Living Area
6,027
Lot Size
5,264
Acres
0.12
Subdivision
Stickney

Property Description

This multifamily property presents a strong opportunity for investors looking to renovate, build equity, and generate long-term cash flow. The property will require a full renovation, including mechanicals, interiors, and exterior work. Once completed, the property has the potential to generate approximately $2,800-$3,200+ in monthly rental income based on market rents, putting it near or above the 1% rule. This makes it a strong candidate for a BRRRR strategy—renovate, rent, refinance, and hold—while building equity and creating potential cash flow.

Additional Information

Interior Features
Other
Flooring
Tile, Wood
Heating
None
Air Conditioning
None
Roof
Shingle
Foundation
Other
Parking Features
Off Street
School District
Toledo
Elementary School
Riverside
High School
Woodward

Listing courtesy of Listing Agent: Dominic Row (dominicrow@danberry.com) from Listing Office: The Danberry Co.

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Calculator source: Real Geeks