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Updated over 1 year ago,
E. Toledo Tri-plex FOR SALE: Great Opp for Small Investor (seller financing avail)
Three efficiency units just made rent ready in East Toledo is now available for purchase. Are you a small or new investor looking for the perfect start or an easy add on to your portfolio? Take a look at this triplex in East Toledo. The roof is newer and the units are rent ready. We have removed all tenants to make the property cleaned out and rent ready for your next round of long-term tenants. The property manager says each unit should rent in the $500/mo range. Anything between $450-$500 gets you above the 1% investment rule for the sales price.
Purchase this unit for cash at $125k or with seller financing for $135k. Terms to reflect something similar to 10-20% down with remaining balance financed for up to 5 years a 7-8.5%. Balloon payment due at end of term.
If you're interested, send an email to [email protected] or text your interest to 703-864-9652. No phone calls yet please. I have a couple investors interested in this property so serious inquiries only.