4 Beds   2 Baths   7 Sq. Ft.
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Mott Ave
Toledo, OH 43605

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Status: Inactive
Listing ID: 59738233
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Learn about Mott Ave in Toledo, OH

This property is available as a foreclosure at Mott Ave. It has 4 bedrooms, 2 bathrooms, and 7 square feet of living space. Based on our analysis of the current market conditions in Toledo for Mott Ave and comparable listings, the estimated market value is $51,300. The property located at has potential equity of $12,699. If purchased for rental purposes, the monthly rental rate could range between $881 and $1,201. For those interested in resale, the estimated profit from selling is $12,699. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Mott Ave are updated daily along with others in Toledo, Ohio.

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Property Information

  • Price: $44,000
  • Bedrooms: 4
  • Bathrooms: 2
  • Living Area Size: 7
  • Total Rooms: 198
  • Parking: Garage (2 spaces)
  • HOA Fees: $0
  • Year Built: 1887
  • Additional Information: Eligible Bidders: All Bidders, 203K Eligible: Yes
  • Source ID: 412-879564
  • Day(s) On Site: 102
  • Input Date: 02-19-2023
  • Financing Type: FHA Insured Escrow

HUD Home

Purchase this incredible HUD home with a low down payment! U.S. Department of Housing and Urban Development (HUD) is a federal agency that insures mortgages to homeowners through its Federal Housing Administration (FHA). Therefore, when banks foreclose on HUD-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at super low prices to the public. HUD houses are among the very best deals in real estate today and, accordingly, don't last long on the market. Act fast!

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:


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Rental Value

The estimated rental value for Mott Ave located in Toledo, OH is $1,072/month. Comparable homes around Mott Ave that are rentals have monthly ranges starting as low as $881 per month and as high as $1,201 per month. An owner looking to use this property as an investment could bring a return in the area of $881 - $1,201 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

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Mott Ave
Toledo, OH 43605

4 Beds   2 Baths   7 sq. ft.


Status: Inactive Listing ID: 59738233

Property Information

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