For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

1525 Kelsey Ave Toledo, OH 43605

For Sale
$102,000

Duplex included in 82-unit portfolio for sale in Toledo.

Lot size:
0.08 Acres

Property Features for 1525 Kelsey Ave

General Information

Interior features
Interior Feature 1, : "Forced Air", "Interior Feature 2": "Natural Gas", "Interior Feature 3": "Water Heater"
Exterior features
exterior_features, : ["Shingles"]
Lot size
0.08 Acres

Building Details

Year built
1916

Source: Rylan Realty Group Ltd Agent Matt Strehl

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Toledo Duplex Investment Opportunity

This duplex is offered as part of an 82-unit portfolio with an in-place capitalization rate of 8.0%, a pro forma capitalization rate of approximately 10.5%, and a net operating income of $541,000, with 95.1% occupancy. The portfolio is listed for $6.76 million. The 82-unit portfolio can also be acquired in one of five suggested sub-portfolios. The sub-portfolio including this property also contains 1371 Felt, 705 Nicholas, 1508 Albert, 2050 Berdan, 4139 Walker, 323 Champion, 1441 Prouty, 1531 Freedom, 220 E. Pearl, 270 Valleywood, 44 Greenwood (duplex), 3855 Revere (duplex), and 291-295 E. Broadway (triplex) for $1.22M.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Hair Salon Nail Salon Clothing Store Food Market Grocery Store Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Toledo
County
Wood
State
Ohio
Longitude
-83.50892
Latitude
41.6459743

FAQs

What type of property is this?
Duplex - Duplex included in 82-unit portfolio for sale in Toledo.
Where is this duplex located?
The property is located at 1525 Kelsey Ave Toledo, OH.
What is the asking price?
The asking price for this property is $102,000.
What are key features of this property?
This property features: - Part of a portfolio with a strong in-place cap rate of 8.0% and a pro forma cap rate of approximately 10.5%.; - Net Operating Income (NOI) of $541,000.; - High occupancy rate of 95.1%.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message