NOT LISTED FOR SALE
-- Bed
-- Bath
7,400 Sq Ft
0.68 Acres

Last Sold January 07, 2021

Last sale price $242,500 $33 Per Sq Ft

6 Days on Market

Highlights

  • 0.68 Acre Lot
  • Window Unit Cooling System
  • Accessibility Features
  • Cul-De-Sac
  • Accessible Approach with Ramp
  • Coin Laundry

About This Home

As of January 2021

8 units property with good rental history (an opportunity for first time investors) Located in the Brooke Park Corridor of many similar buildings, featuring 2 bed,1 bath units. 8300 SF, 2 story building with partial basement, Appliances, some upgrades, & remodeling throughout. This property provides an excellent opportunity for investors, 1031 exchange, and Upside potential. W Toledo location in excellent rating Washington Local School district. Right on the MI/OH Line. Close to a large Golf Course ,General Motors plant, Minutes to the Jeep Plant. Could be acquired with 8 unit 1338 Brooke Park

Last Agent to Sell the Property

Rabha Saie

Key Realty License #0000450490 Listed on: 10/16/2020

Key Realty

Co-Listed By

Fahed Abed

Key Realty License #2011002700

Last Buyer's Agent

Dave Lahmers

Loss Realty Group License #2013001377

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.68 Acre Lot
  • Cul-De-Sac

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding
  • Steel Siding

Interior Spaces

  • 7,400 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range

Parking

  • 16 Parking Spaces
  • Driveway
  • Parking Lot

Accessible Home Design

  • Accessibility Features
  • Accessible Approach with Ramp

Schools

  • Whitmer High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, heat
  • The owner pays for common area maintenance, insurance, management, snow removal, taxes, trash collection, water
  • Assessor Parcel Number 23-10527

Community Details

Overview

  • 8 Units
  • Brooke Park Subdivision

Amenities

  • Coin Laundry

Building Details

  • 7 Leased Units
  • Operating Expense $8,750
  • Net Operating Income $42,609

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Accessibility Features: Accessibility Features, Accessible Approach with Ramp
  • Property Sub Type: Multi Family
  • Year Built: 1973
  • Lot Size Acres: 0.6784
  • Lot Size: 29,553
  • Co List Office Mls Id: KEY111
  • Co List Office Phone: (419) 343-2064
  • Inclusions: ,,
  • Subdivision Name: Brooke Park
  • Unit Levels: Two
  • Structure Type: Apartment
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour

Interior Features

  • Stories: 2
  • Number Of Buildings: 1
  • Owner Pays: Common Area Maintenance, Insurance, Management, Snow Removal, Taxes, Trash Collection, Water
  • Has Basement: Crawl Space
  • Interior Amenities: Common Entry
  • Living Area: 7400.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Lot Features: Cul-De-Sac
  • Disclosures: Lead Based Paint Disclosure, Sellers Disclosure Not Available
  • Construction Type: Aluminum Siding, Brick, Steel Siding
  • Foundation Details: Crawlspace

Garage/Parking

  • Parking Features: Asphalt, Driveway, Parking Lot
  • Total Parking Spaces: 16.0

Utilities

  • Heating: Natural Gas, Radiant
  • Sewer: Sanitary
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Cooling: Window Unit(s)
  • Laundry Features: Coin-operated
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Washington

Lot Info

  • Parcel #: 23-10527
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Gas, Heat

Multi Family

  • Net Operating Income: 42609.0
  • Number Of Units Total: 8
  • Number Of Units Leased: 7
  • Annual Operating Expense: 8750.0
  • Total Actual Rent: 3619.0

MLS Schools

  • Elementary School: Other
  • HighSchool: Whitmer

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2021 01/07/21 Sold $242,500 -10.2% $33 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $269,900 -- $36 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6061439

Northwest Ohio Real Estate Information Service (NORIS)