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$119,900
3 Beds 1 Baths Farmington SubDv. 43613 Zip Code
Turnkey Investment Opportunity! This fully updated rental property is currently generating $1400 per month in rental income with the tenant paying all utilities, including gas, electric, and water. The property is lead certified, providing added value and peace of mind for investors. Recent updates make this a low-maintenance addition to any portfolio. Whether you're a seasoned investor looking to expand or just getting started, this property offers immediate cash flow from day one. Can be purchased individually or as part of a package with 2125 Valentine and 3161 Brigham for an excellent portfolio acquisition opportunity. Don't miss your chance to own a performing, income-producing asset in Toledo's growing rental market.

1703 Marlow Rd, Toledo

$71,000
2 Beds 1 Baths Farmington SubDv. 43613 Zip Code
NOTICE: We are not considering seller financing or creative financing offers that do not consist of us in recorded first lien position with a minimum of 30% down. Thank you for understanding! This property is being sold as part of an 46-unit portfolio or a 10-unit sub-portfolio. In place cap is ~8.5%, pro forma cap is ~11.0%, and occupancy is 100%. Asking price for the 46-unit portfolio is $3.57M and asking price for the 5-unit sub-portfolio is $768.5K. The sub-portfolio includes 1820 Marne, 2002 Brame, 343 Heffner, 1215 Woodstock, 323 Champion, 3350 Maple, 811 Collins, 17 E Oakland, and 522 Saint Louis. The entire 46-unit list can be found in the attachments. Property is occupied and photos are from the last time it was vacant.

1820 Marne Ave, Toledo