TOLEDO, OH: OWNER FINANCING WITH $5,000 DOWN… On Reduced Off-Market 3-Bed, 2-Bath, 1810 Sq. Ft. Plus Finished Basement Pending

  • $65,000 OBO
  • 3 beds
  • 1 3/4 baths
  • 1810 sqft

24-MONTH OWNER FINANCING WITH $5,000 DOWN…
On Off-Market Single-Family Charmer In Toledo

***We are selling our assignable purchase contract that has been updated with 24-month owner financing.  See BASIC TERMS below.***

JUST REDUCED AND NEW OWNER FINANCING TERMS!!! Charming and spacious older home at 2040 Farragut Avenue in the established DeVeaux neighborhood (desirable Washington Local School District) of Toledo, Ohio.

Great opportunity for owner occupants or investors on this single-family home featuring 3  bedrooms, 1 3/4 bathrooms, nice size dining and living rooms in 1,810 square feet, with additional 935 sq. ft of living space in fully finished basement. Den/office on main floor also has been used as a 4th bedroom.

Property has had recent updating but has been neglected since being vacated and needs mostly cosmetic repairs to get it looking in top shape again.  Needs interior and exterior paint, carpet and minimal landscaping along with the removal of abandoned personal property on the grounds.

Most recent tenants had pets, did not clean-up property and left behind minimal furniture and other personal belongings inside and out.

Roof is in good condition, approximately 10 years old with one layer.  Home has updated electrical, plumbing, furnace and central a/c also.  Detached garage was removed, but the driveway to the backyard and cement pad are still available to rebuild it.

Located near schools, parks, shopping, restaurants, banks, gas stations, grocery stores, post office, library, fitness centers.

Property has great marketability as supply has decreased for this area. As-is condition. Cash or Hard Money only.  Agents please ADD your commission to the sale price paid for by the buyer.

*** Walk-Thru Video Tour Below  –  Contact Us For Access ***
Price:
$65,000 OBO
Address:
2040 Farragut Avenue
Toledo, OH 43613
Square Feet:
1810
Lot Size:
7900 Lot Size (0.181 acres)
Bedrooms:
3
Bathrooms:
1 3/4
Terms:
For Sale
Property Type:
Home
Year Built:
1927
Basement:
Finished

Additional Features

1810 Sq. Ft. (971 1st Floor, 826 2nd Floor, 13 Attic)
Additional 935 Sq. Ft. in Fully Finished Basement
Basic Terms
$5,000 Down Payment - FAST CLOSE!
Up-Front Fee for Assignment of Contract paid at closing.
Buyer to pay $498 monthly payments (PITI).
Buyer to cash out Seller no later than 24 months from closing.
Buyer will be added as "additionally insured" on current policy.
Seller will provide clear title with a general warranty deed at time of cash out.
Buyer may draw up and record a land contract to protect the interest of the Buyer.
Buyer pays ALL standard closing costs.
Properties will arrange viewing and inspection access for qualified Buyers
Estimated Repairs
by Buyer (Rental: $5-15K; Flip: $10-25K)
Estimated Monthly Market Rent
$950 - Last Tenant Rent (Utilities not included.)
Additional Notes
*All interested buyers are encouraged to do their own independent due diligence before purchasing this assignable purchase contract or any other wholesale property.
*Information provided is to the best of our knowledge and Homesmith Properties makes no guarantees to the accuracy of this data.
*All properties are sold as-is, where is with absolutely no representations written or oral. All properties subject to errors, omissions, deletions, additions, and cancellation.
*Homesmith Properties does not claim to be the owner of all properties it markets for sale. Homesmith Properties does have an equitable interest in all properties it markets.
*If something materially different is found during visit, offer may be withdrawn or amended.  Homesmith Properties reviews ALL offers and accepts backup offers.
*Homesmith Properties works with agents who bring CASH buyers. Agents please ADD your commissions to the sale price paid for by the buyer.

Call 1-877-HOMESMITH (466-3764) for more details

Property Location