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2815 E St, Toledo, OH 43608

$39,000
: 2
BD
: 1
BA
: 680
SqFt

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List Price: $39,000
Status: ACTIVE
Days on Market: 29
Price Change: ▼ $3,900 1790739347
MLS#: 10013239
Subtype: Residential
Year Built: 1917
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Living Area: 680
Lot Size: 3,899
Acres: 0.09
Subdivision: Stickneys Addn.

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Property Description

INVESTOR SPECIAL WITH MAJOR CAPEX ALREADY DONE! Priced for a quick cash sale, this turnkey, rent-ready single-family home features a BRAND NEW ROOF, gutters, and downspouts installed in March 2023, plus a capped and serviced chimney. The expensive mechanicals are also taken care of with an updated furnace and hot water tank replaced in 2019, alongside 100-amp electrical service. Sitting at 680 sq ft, this efficient 2-bedroom, 1-bathroom layout is highly optimized for long-term rental stability or Lucas County Metropolitan Housing (Section 8) vouchers. Expected market rents in this neighborhood range from $825 to $1,025/mo, offering an immediate 18%+ cash-on-cash ROI potential. Includes three window A/C units and existing appliances (refrigerator, washer, dryer, microwave). Covered front porch, off-street parking, and low holding costs. *FAST CLOSE INCENTIVE: Seller will credit $1,000 toward buyer closing costs for any cash offer that can successfully close in 14 days or less.* Bring your cash or portfolio line of credit offers today—this asset is built for immediate cash flow!

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Additional Information

Interior Features: Ceiling Fans
Flooring: Carpet, Wood
Appliances: Microwave, Dryer, Refrigerator, Washer
Heating: Forced Air
Air Conditioning: Window/Wall
Levels: One
Roof: Shingle
Foundation: Block
Parking Features: Off Street
School District: Toledo
Elementary School: Elmhurst
High School: Woodward