$37,599
122 Fassett Street, Toledo, OH 43605
Current Rent **
N/A
Projected Rent **
$2,780
Collect $2,780 in this 4 Unit Quadplex in Toledo, OH!
Opportunity is knocking! Pick up this 4-unit Quadplex in Toledo, Ohio!
1 minute from Glass City River Wall
6 minutes from Toledo Museum of Art, National Museum of the Great Lakes,
Perspective Arcade Public Art, and International Park
13 minutes from The University of Toledo
ARV: $127,105
Potential Rent: 2,780/month
DETAILS
Unit Mix
Two 2 Bed/1 Bath Unit
One 1 Bed/1Bath Unit
One Efficiency Unit
Utilities: Separately Metered
Occupancy: 100% Vacant
Year built: 1913
Estimated Rehab: $40K
Sq Ft: 3,923
Lot Size: 3,451
Unit Mix: Two 2 Bedroom/1 Bath Units, One 1 Bedroom/1 Bath Unit, One Eff Bed/1 Bath Unit
Current Rents: Currently vacant
Market Rents: $579-804/Unit
Annual Tax: $2,514
Utilities: Tenants pay for all utilities except for water.
Management: Currently self-managed, but excellent local property management company ready to step in and manage this one for the next owner.
Pro Forma CAP: 39.76% (5% Vacancy, Taxes, Insurance, and 10% Prop Management included in Pro Forma Cap and Actuals)
Location:
122 Fassett Street, Toledo, OH 43605
Report Abuse
* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.
** Current rent and projected rent are provided by the lister.
† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.
‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.
Only paying BiggerPockets members can do this!
Upgrade your account to a Pro membership to finish uploading your listing.
Pro Marketplace Benefits
- List up to 2 properties a day under Real Estate Listing
- Re-port your Real Estate Listing every 5 days
- Create job & buying ads in the Marketplace
Additional Pro Benefits
- Unlimited use & access to Rental Property Calculator
- Over $5,000 worth of discounts in Pro Perks
- Access to 50 states & DC landlord forms
- Forum Keyword Alerts
- And more!