428 Platt St, Toledo, OH 43605

$275,000
8
BD
4,808
SqFt

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List Price
$275,000
Status
ACTIVE
Days on Market
35
Price Change
▼ $24,900 1791236118
MLS#
10013924
Subtype
Residential Income
Year Built
1922
Bedrooms
8
Living Area
4,808
Lot Size
9,583
Acres
0.22
Subdivision
Yondota

Property Description

INVESTOR OPPORTUNITY IN EAST TOLEDO! This income-producing 4-unit property offers an excellent opportunity to add a cash-flowing asset to your investment portfolio. Each unit features 2 bedrooms and 1 full bathroom, providing a desirable and easy-to-rent floor plan. The property is currently generating approximately $3,455 per month in rental income, providing immediate income for the new owner. Several updates have already been completed, offering a great starting point for an investor looking to continue improving the property and maximize long-term value. Located in East Toledo, just minutes from Downtown Toledo, major roadways, shopping, dining, entertainment, and the riverfront. East Toledo continues to see attention and investment, including ongoing development connecting the neighborhood to Toledo's growing downtown and riverfront areas. Whether you're an experienced investor or looking to expand your rental portfolio, this four-unit property offers solid existing cash flow, four 2-bedroom units, and additional potential for future growth.

Additional Information

Interior Features
Other
Flooring
Vinyl, Wood, Other
Appliances
Refrigerator
Heating
Forced Air
Air Conditioning
None
Roof
Other
Foundation
Other
Parking Features
Off Street
Garage Spaces
2
School District
Toledo
Elementary School
East Broadway
High School
Waite

Listing courtesy of Listing Agent: Nicole Marie Pass (npass721@gmail.com) from Listing Office: Serenity Realty LLC.

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