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$ 495,500
Est. payment | /mo
0.49 Acres Lot
$ 495,500
Est. payment | /mo
0.49 Acres Lot
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Subdivision Brooke Park 01
MLS Listing ID 5242440
HOA Y/N No
Year Built 1971
Annual Tax Amount $8,900
Tax Year 2025
Lot Size 0.493 Acres
Acres 0.4928
Property Sub-Type Apartment
Property Description
Almost Fully Occupied, one vacant unit! This property is an 8-unit, C-class, multifamily investment opportunity in Toledo. The property provides immediate cash flow with all t units, except one, currently leased, leases in hand, and scheduled rents totaling approximately $5,420 per month. Full-year 2025 owner statements are available for qualified buyers to review, There is currently in place a professional property management company. A straightforward addition to an existing rental portfolio, this property offers stable occupancy and an opportunity to increase rental income through future tenant turnover and rent adjustments. Serious inquiries welcome. Buyer to independently verify all property, financial, lease, zoning, and operating information. Please provide DSCR or Conventional/Cash pathway to show. No creative no assignable.
Location
State OH
County Lucas
Rooms
Basement Common Basement
Interior
Heating Electric
Fireplace No
Exterior
Parking Features Parking Lot
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Building
Sewer Public Sewer
Water Public
Schools
School District Washington Lsd - 4808
Others
Tax ID 23-10407
Special Listing Condition Standard
Listed by Gypsy Smolsky • Real of Ohio • gypsy.realohio@gmail.com, 407-630-2316
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "