Available
$19,950(ARV: $83,000)24% of ARV

Lucas County, Toledo, OH 43609

2 bd1 ba992 sfBuilt 1887

4 days ago

Gross spread$63,050

Description

🚨 TOLEDO, OH OFF-MARKET INVESTOR SPECIAL: ASSIGNMENT OF CONTRACT Property Address: 2X Jervis St, Toledo, OH 43609 Assignment Price: $19950 Estimated ARV: $83,000 Est. Monthly Rent Post-Rehab: Up to $1,100/mo Taxes: $542 / year PROPERTY DETAILS Property Type: Single-Family Home Bedrooms / Bathrooms: 2 Bed / 1 Bath Square Footage: 992 sq. ft. Lot Size: 2,600 sq. ft. Year Built: 1887 Basement: Unfinished (potential to frame/finish for additional bedrooms and a full bath) Garage: None Occupancy: Vacant Property Condition: Needs a full gut rehabilitation. Excellent value-add project for a fix-and-flip or high-cash-flow rental portfolio! RECENT 1-MILE COMPS (PAST 12 MONTHS) 710 Western Ave: Sold Oct 2025 for $72,000 (2 bd, 1 ba, 1,028 sq ft) 717 Segur Ave: Sold Apr 2026 for $79,000 (2 bd, 1 ba, 1,188 sq ft) 545 Milton St: Sold Jun 2026 for $80,000 (2 bd, 1 ba, 1,015 sq ft) 267 Leland Ave: Sold Sep 2025 for $87,000 (2 bd, 1 ba, 969 sq ft) 525 Yondota St: Sold Oct 2025 for $94,000 (2 bd, 1.5 ba, 1,197 sq ft) ACCESS & SHOWINGS Requirements: Proof of funds (POF) is required prior to viewing. Please complete all inspections and due diligence before executing the contract. TRANSACTION TERMS & LEGAL NOTICE Equitable Interest Disclosure: Seller holds an equitable interest in the subject property via a Purchase and Sale Agreement. Seller is assigning its contractual rights to the end buyer, not selling the fee simple title directly. Purchase Type: Cash or Private/Hard Money only. (Affiliated lenders available upon request). Closing Terms: Buyer pays ALL closing costs (including transfer taxes, title insurance, and title company closing fees). Buyer receives taxes prorated to 100% and a free-and-clear title. Agent/Broker Commissions: Licensed realtors, please add your commission on top of the assignment price. Lock-In: First buyer with a fully executed assignment contract and non-refundable earnest money deposit secures the deal. CONTACT & INQUIRIES Russell Walker 📞 Phone: [contact details hidden] ✉️ Email: [contact details hidden] 💰 Funding Programs (Purchase & Refinance) / Off-Market Property Submissions: Email us at [contact details hidden] DISCLAIMER: abides by all applicable Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only, is compiled from sources deemed reliable, but is subject to errors, omissions, and changes without notice. All measurements and square footages are approximate. This is not an offering to sell real property directly, but a marketing announcement regarding the assignment of an existing purchase contract. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting, or other professional advice outside the realm of Real Estate Brokerage.

$/sqft vs market

This deal$20/sqft
Market median$83/sqft
Difference76% below

Median of 12 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms2
Bathrooms1
Square feet992
Lot size
Year built1887
ConditionFull Rehab
Occupancy
ParkingDriveway

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing31
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