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Cash-Flowing Duplex in East Toledo | Value-Ad 652 Platt St 3 Unit Apartment Building $180,000 ($60,000/Unit) Toledo, OH 43605
Investment Highlights
- Immediate Cash Flow Potential – Duplex asset in an established rental market with the opportunity to generate stable income from day one while benefit
- Affordable Entry Point – Lower acquisition cost compared to many multifamily markets, allowing investors to achieve attractive yields and diversify th
- Value-Add Upside – Opportunity to increase returns through unit renovations, operational improvements, and bringing rents closer to market rates.
Executive Summary
Investor opportunity featuring a spacious duplex on a residential lot in East Toledo. Built in 1917, this approximately 2,392 SF multifamily property offers strong rental income potential with upside through unit improvements and operational optimization. Situated on a low-maintenance 0.11-acre lot, the asset is ideal for investors seeking stable cash flow, a value-add play, or a portfolio addition in an affordable Midwest rental market.
Property Facts
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Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 06-03234 | Improvements Assessment | $14,945 |
| Land Assessment | $2,450 | Total Assessment | $17,395 |
Property Taxes
Parcel Number
06-03234
Land Assessment
$2,450
Improvements Assessment
$14,945
Total Assessment
$17,395
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Cash-Flowing Duplex in East Toledo | Value-Ad | 652 Platt St
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