This well-maintained, all-brick 4-plex has been professionally managed and consistently attracts tenants thanks to its prime location and modern updates. The building features a balanced unit mix: two spacious 2-bedroom apartments, one 1-bedroom, and one studio—making it both versatile and easy to rent. Each unit has been tastefully remodeled with thoughtful updates that today's renters love. The property is electric and common gas, keeping expenses simple and predictable for the owner. Current rents are strong: Unit 1: $635/month Unit 2: $1,030/month Unit 3: $995/month. Unit 4: Vacant. With reliable income, excellent proximity to the University of Toledo, and quality improvements already in place, this property is a turn-key addition to any portfolio. Don't miss your chance to own a solid, cash-flowing asset in one of Toledo's most desirable rental corridors!
Calling all investors! This multifamily home has 4 units, all occupied, in great condition and is very well-maintained. Each unit is currently rented with all tenants up-to-date on payments and in good standing with owner. Hot water tank only 2 years old. Building is all electric. Close proximity to the university. Highly rentable. Great value!! Unit 1-$450; Unit 2-$550; Unit 3-$675; Unit 4-$350.
NORIS #6001033
Jun 16, 2017
Listing Removed
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Dec 17, 2016
Listed
$119,900
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
40 ft.
Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Lucas County
APN
02-37643
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Jul 31, 2021.
RD6
Duplex Residential District
The RD, Duplex District is primarily intended to accommodate the development of single dwelling units and duplexes on individual lots. The district is intended to create, maintain and promote a variety of housing opportunities for individual households.