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$89,500 / 2br - 2416ft2 - Toledo Duplex Investment - $89,500 - Tenant Paying $750/mo - Huge Upside

1819 Dunham St, Toledo, OH 43609

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Toledo Duplex Investment - $89,500 - Tenant Paying $750/mo - Huge Upside 1
Toledo Duplex Investment - $89,500 - Tenant Paying $750/mo - Huge Upside 1 thumbnailToledo Duplex Investment - $89,500 - Tenant Paying $750/mo - Huge Upside 2 thumbnailToledo Duplex Investment - $89,500 - Tenant Paying $750/mo - Huge Upside 3 thumbnailToledo Duplex Investment - $89,500 - Tenant Paying $750/mo - Huge Upside 4 thumbnailToledo Duplex Investment - $89,500 - Tenant Paying $750/mo - Huge Upside 5 thumbnailToledo Duplex Investment - $89,500 - Tenant Paying $750/mo - Huge Upside 6 thumbnailToledo Duplex Investment - $89,500 - Tenant Paying $750/mo - Huge Upside 7 thumbnailToledo Duplex Investment - $89,500 - Tenant Paying $750/mo - Huge Upside 8 thumbnailToledo Duplex Investment - $89,500 - Tenant Paying $750/mo - Huge Upside 9 thumbnailToledo Duplex Investment - $89,500 - Tenant Paying $750/mo - Huge Upside 10 thumbnailToledo Duplex Investment - $89,500 - Tenant Paying $750/mo - Huge Upside 11 thumbnailToledo Duplex Investment - $89,500 - Tenant Paying $750/mo - Huge Upside 12 thumbnail
1819 Dunham St

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2BR / 1Ba 2416ft2
duplex
no laundry on site
off-street parking

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One unit is already rented at $750/month. The second unit is vacant - you pick the tenant and set the terms from day one. At full occupancy this duplex generates $1,728/month with tenants paying all utilities. That is a 17.2% pro forma cap rate on an $89,500 purchase price.

PROPERTY HIGHLIGHTS:
- 2 identical units - 2 bed / 1 bath each - uniform floor plan, easy management
- Unit 1 leased at $750/mo | Unit 2 vacant and ready for your tenant
- Tenants pay all utilities - gas, electric - NOI stays clean
- Wood frame and brick construction | Pitched asphalt shingle roof
- Separately metered - no utility exposure for the owner
- Taxes: $400/yr | Insurance: $800/yr

FINANCIALS:
- Purchase Price: $89,500 ($44,750/door)
- Current Rent: $750/mo (1 of 2 units)
- Pro Forma Rent: $1,728/mo (both units at market)
- Pro Forma NOI: $15,426/yr
- Pro Forma Cap Rate: 17.2%

TERMS:
Cash / Hard Money / Private Money only. Fast close required. Sold as-is - seller will not make repairs. This is an assignment. First qualified buyer with proof of funds moves to the front.

Reply to this ad to request the full due diligence folder or schedule a walkthrough.

post id: 7932725991

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