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720 Orchard St 2 Unit Apartment Building $84,509 CAD ($42,255 CAD/Unit) 18% Cap Rate Toledo, OH 43609

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Investment Highlights

Great cash flow

Executive Summary

Prime investment opportunity in Toledo. Two long term tenants. Owner is retiring. Separate utilities. Owner only pays trash, water, and taxes. Rents at 750 and 450 per month. The three bedroom rents for 750.00. The lower is five bedroom but is currently leased month to month way below market value at 450.00. Vinyl sided, updated electric and plumbing. Extra lot (718 Orchard) goes with the duplex.

Financial Summary (Actual - 2025)	Annual (CAD)	Annual Per SF (CAD)
Gross Rental Income	$20,282	$4.83
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$20,282	$4.83
Taxes	$1,268	$0.30
Operating Expenses	$2,535	$0.60
Total Expenses	$3,803	$0.91
Net Operating Income	$16,479	$3.92

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual	$20,282
Annual Per SF	$4.83

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	$20,282
Annual Per SF	$4.83

Taxes (CAD)
Annual	$1,268
Annual Per SF	$0.30

Operating Expenses (CAD)
Annual	$2,535
Annual Per SF	$0.60

Total Expenses (CAD)
Annual	$3,803
Annual Per SF	$0.91

Net Operating Income (CAD)
Annual	$16,479
Annual Per SF	$3.92

Property Facts

Price	$84,509 CAD	Lot Size	0.12 AC
Price Per Unit	$42,255 CAD	Building Size	4,200 SF
Sale Type	Investment	Average Occupancy	100%
Cap Rate	18%	No. Stories	3
No. Units	2	Year Built/Renovated	1922/2024
Property Type	Multifamily	Parking Ratio	0.48/1,000 SF
Property Subtype	Apartment Multifamily Apartments	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C
Zoning	Residential

Price	$84,509 CAD
Price Per Unit	$42,255 CAD
Sale Type	Investment
Cap Rate	18%
No. Units	2
Property Type	Multifamily
Property Subtype	Apartment Multifamily Apartments
Building Class	C
Lot Size	0.12 AC
Building Size	4,200 SF
Average Occupancy	100%
No. Stories	3
Year Built/Renovated	1922/2024
Parking Ratio	0.48/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Residential

1 1

Fairly walkable

50/100

Exceptionally drivable

100/100

Limited public transit

30/100

Fairly bikeable

50/100

Source: Local Logic^®

Property Taxes

Parcel Numbers	Multiple 14-12087 14-12084	Total Assessment	$15,529 CAD
Land Assessment	$2,563 CAD	Annual Taxes	$1,268 CAD ($0.30 CAD/SF)
Improvements Assessment	$12,965 CAD	Tax Year	2025