3600 SQ FT IN TOLEDO, OH

See Property Details Below

 

Located in Toledo, this is an infill lot in a residential area close to Lake Erie. The property is located in a city with plenty of amenities, cultural sites, bars, restaurants, and parks as well as above average schools.

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” – Franklin D. Roosevelt, U.S. president

The lot has access via Bakewell St.

The property is about 10 minutes to Lake Erie and Downtown Toledo, 14 minutes to Maumee Bay State Park, and about 25 minutes to Magee Marsh Wildlife Area

“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” – Andrew Carnegie, billionaire industrialist

According to our research, the lot is zoned RD-6, which allows for single- and two-family homes.

CASH DISCOUNT PURCHASE PRICE $3,981 $2,499 + $395 DOCUMENT FEE

We accept personal checks, cashier’s checks, money orders and Zelle.

SELLER FINANCING AVAILABLE

$1 down with a $299 document fee and $199 per month for 20 months at 0% APR. No prepayment penalty. No credit checks. 

HOLD PRICE $25

For $25 we can hold the property for you for 72 hours while you decide whether you want to purchase. If you buy the property, this will count toward the purchase price.

TITLE AND USE

What you can or cannot legally do on the land is controlled by the local government, not by us or any seller. Please contact the county, providing them with the parcel number, to confirm zoning, access, and available utilities.

ABOUT TOLEDO 

According to toledo.com, “Today, as Toledo’s economy is expanding from automotive products to high tech solutions focusing on glass, solar energy and the service sector, the region has plenty to offer. The area’s future is bright with a thriving cultural scene anchored by a world-renowned art museum, a fierce commitment to education, with nearly 3 dozen colleges and universities within a 60-mile radius, a receptive business environment making the area a preferred place for innovation and diverse talent, and a unique transportation footprint featuring a powerful convergence of highways, railways and waterways. As to what the future will bring Toledo in the next 150 years, only time will tell. But one thing is certain, the bold, broad-minded people of this region will continue to make it an epicenter for commerce and intellectual achievement.”

LOT DETAILS

APN: 0216631

Address: 2329 Bakewell St

Lot Dimensions: 30′ x 120′

Center-point GPS Coordinates: 41.6646°, -83.4940°

GPS Boundary Coordinates (appox.): 41.6644879365709,-83.4937628365527 ;41.6647189518787,-83.4940816246717 ;41.6646583048213,-83.4941579444797 ;41.6644279968746,-83.4938383009316 

 TAXES ARE PAID AND CURRENT

Annual taxes are $132.91. Taxes have been paid through 2019 and no back taxes are owed.

“Buy on the fringe and wait. Buy land near a growing city! Buy real estate when other people want to sell. Hold what you buy!” – John Jacob Astor, real estate and business mogul

FREQUENTLY ASKED QUESTIONS

Are there any improvements on the lot? No, there are no improvements on the lot.

What utilities are available?  City water, sewer and electricity are available.

Can you build on the property? Please contact the City of Toledo for more information on obtaining a building permit. 

What kind of deed will I receive? You will receive a special warranty deed, which means the seller is guaranteeing that the property wasn’t encumbered during the time of his/her ownership.

How many people can be included on the deed? You can have as many people listed on the deed as you would like.

Can the deed be made out to an LLC? Yes, the deed can be made out to an LLC or corporation.

Does the property come with mineral rights? We buy all of our properties assuming that we only have the surface rights. In order to determine whether a particular property has mineral rights, you will usually need to hire a title company to run a mineral rights search going all the way back to the original homestead.

“Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” – Marshall Field, entrepreneur

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FINAL NOTE

We completed an extensive due diligence process on this lot, but we recommend you do your own research as well. Take the time to get to know your new property before purchasing – it could remain in your family for generations!

“Buy land, they’re not making it anymore.” – Mark Twain, writer and humorist

Our mission is to offer high quality properties at reasonable prices, provide maximum transparency and always strive to do the right thing.

If you are interested in land investing, you can check out our article on How to Get Started in Land Investing.

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