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44 Greenwood Ave Toledo, OH 43605

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For Sale
$121,000

Part of a larger portfolio with high occupancy and income.

Lot size:
0.09 Acres

Property Features for 44 Greenwood Ave

General Information

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

Building Details

Year built
1907

Source: Rylan Realty Group Ltd Agent Matt Strehl

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


Overview

Toledo Multifamily Investment Opportunity

This property 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. The portfolio boasts a 95.1% occupancy rate. The entire portfolio is listed for $6.76 million. Alternatively, the 82-unit portfolio can be acquired in one of five suggested sub-portfolios. This property is included in a sub-portfolio with other properties, including addresses on Felt, Nicholas, Albert, Berdan, Walker, Champion, Prouty, Freedom, E. Pearl, Valleywood/Kelsey (corner duplex), Greenwood (duplex), Revere (duplex), and E. Broadway (triplex), offered for $1.22 million.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Building Supply 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
-83.5296002
Latitude
41.6413801

FAQs

What type of property is this?
Duplex - Part of a larger portfolio with high occupancy and income.
Where is this duplex located?
The property is located at 44 Greenwood Ave Toledo, OH.
What is the asking price?
The asking price for this property is $121,000.
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%.; - Enjoy a high occupancy rate of 95.1%.; - Net Operating Income (NOI) is $541K.
More about this property
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