Advice on this deal in Toledo, Ohio?

[Isadore Nelson]

Good morning, the following property is up for sale at $250k.  

114 S Broadway St, Toledo, IA 52342 | Zillow

The seller has 'described' it as follows:

"The property features a new roof and updated electrical work completed two years ago at a cost of $120,000. It currently has 14 out of 17 units occupied, generating a monthly income of $6,300. Once the remaining 3 units are occupied, the projected monthly gross income will be about $7,800. Insurance on the property costs $437 per month. While the property needs some work, none of it is crucial. The roof is new, and the foundation is in good condition. An estimated full renovation of the apartments would cost around $150,000. The ARV of the property is approximately $450,000."

What do you all think? Do these numbers sound plausible? 

I'd like to consider this deal and would very much appreciate any input!

Thank you.