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Toledo, OH 43604
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🏢 OFF-MARKET INVESTMENT OPPORTUNITY – TOLEDO, OHIO
📍 Lagrange St, Toledo, OH 43604
Attention investors! Here's a value-add 4-unit multifamily property with strong rental potential and significant renovations already completed.
💰 Assignment Price: $259,000
✅ 4-Unit Multifamily Building
✅ Each Unit: 2 Bed / 1 Bath
✅ Approx. 6,864 Sq Ft
✅ Built in 1917
✅ Solid Structure with Roof in Good Condition
✔️ Two Units Fully Renovated & Move-In Ready
✔️ New Waterproof LVP Flooring Throughout Renovated Units
✔️ Fully Updated Kitchens
✔️ Completely Renovated Bathrooms
✔️ New Ceilings, Walls & Finished Closets
✔️ Extensive Plumbing Upgrades Throughout the Building
✔️ Additional Bathroom and Basement Line Improvements
One unit requires completion of:
The remaining vacant unit presents an opportunity for lease-up at current market rents, allowing investors to increase cash flow and overall property value.
🔹 Strong Multifamily Asset
🔹 Existing Rental Income
🔹 Major Capital Improvements Already Completed
🔹 Opportunity to Force Appreciation Through Lease-Up and Finishing Remaining Work
🔹 Located Near Downtown Toledo with Easy Access to Employment Centers, Transportation, and Amenities
📩 Serious Cash Buyers & Investors Only
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This opportunity in Toledo, OH is offered at an asking price of $259,000 as shown on the card. After repair value (ARV) is shown as about $320,000, which implies a gross spread of roughly 19.1 percent off ARV if you use the list price and this ARV as-is. Treat that as a first-pass screen, not a comp confirmation. The property is described with 8 bedrooms, 4 bathrooms, 6,864 square feet. Tour or pull rent rolls if the asset is occupied so your rehab scope and lease assumptions match the real layout. Rehab is tagged as “cosmetic.” In practice, you should open walls and verify every major system, because tags rarely capture the full story on a wholesale lead. Occupancy is noted as “Occupied.” If anyone is in place, schedule access carefully, align showings with local rules, and underwrite for rental income or a formal vacancy path before you take assignment. The list is marked Multifamily—use that to frame exit math (flip spread, fee for wholesale, or long-term DSCR if the plan is a rental hold). The structure is represented around 1917; older vintages can hide lead, cast iron, and foundation work—budget a contingency. Verified seller contact is available on the listing, which speeds diligence once you are serious. Verify ARV, repair scope, access, and title with your own people before you rely on any line in this write-up. Nothing here is a guarantee of value or condition.
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Strategy: Multifamily