853 Oak St, Toledo, OH 43605

Description

This TURNKEY, fully occupied duplex provides an opportunity for investors looking for immediate cash flow and long-term stability. There is a spacious lot next door, along with a detached garage on the property. Both units are secured by long-term leases and significant recent capital improvements . The lower unit has been meticulously maintained by a reliable tenant of 10 years. Currently rented at $550/month through November 2026. Full renovation of the upper unit, including updated pex plumbing, was completed JAN 2025 and is currently rented at $750/month through January 2027. New wood siding has recently been installed on several sections, with a fresh coat of paint across the entire exterior, increasing curb appeal. The roof was professionally inspected in 2024 and confirmed to be in good condition. Both units feature newer high-efficiency furnaces and hot water tanks, reducing the likelihood of near-term maintenance costs. Both units are in great condition, reflecting a high standard of care. This is a rare find in the Toledo market that combines updated living spaces with an established, consistent income stream.