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Price: $65,000

870 Spencer St, Toledo OH 43609

Priced to sell! A 3 bedroom property located in South Toledo where there is high demand for rentals as more and more people move in to seek employment opportunities. 
This unit is rented to a cash paying tenant who has been in place for over 2 years. This property is leased at below market rate so there is room for increase. Similar properties lease for $850 and above. 
Grab this unit and increase your ROI significantly!  Current rent rate is $700 per month.  

Annual Rent: $8,400

Management fee: $840

Annual taxes: $500

Annual insurance: $350

Net ROI: 10%

spencer: Buy Listings
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