NOT LISTED FOR SALE
-- Bed
-- Bath
8,262 Sq Ft
0.46 Acres

Last Sold January 08, 2021

Last sale price $240,550 $29 Per Sq Ft

3 Days on Market

Highlights

  • 0.46 Acre Lot
  • Window Unit Cooling System
  • Wood Siding
  • Walk-In Closet
  • Rectangular Lot
  • 5-minute walk to Greenwood Park

About This Home

As of January 2021

8 units in good condition, 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. 8262 SF, 2 story building with Appliances, some upgrades, & remodeling. This property provides an excellent opportunity for investors, 1031 exchange, and Upside potential. West 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 and more.

Last Agent to Sell the Property

Rabha Saie

Key Realty License #0000450490 Listed on: 11/13/2020

Key Realty

Last Buyer's Agent

NORIS Member NON

NON MLS MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.46 Acre Lot
  • Rectangular Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Walk-In Closet
  • 8,262 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Oven
  • Range

Parking

  • 8 Parking Spaces
  • Driveway
  • Parking Lot

Schools

  • Jackman Elementary School
  • Whitmer High School

Utilities

  • Window Unit Cooling System
  • Radiant Heating System
  • Private Water Source
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity, heat
  • The owner pays for common area maintenance, grounds care, taxes, water
  • Assessor Parcel Number 23-10381

Community Details

Overview

  • 8 Units
  • Brooke Park Subdivision

Building Details

  • 7 Leased Units
  • Operating Expense $14,000
  • Net Operating Income $52,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1971
  • Lot Size Acres: 0.4562
  • Lot Size: 19,871
  • 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, Grounds Care, Taxes, Water
  • Has Basement: Crawl Space
  • Interior Amenities: Walk-In Closet(s)
  • Living Area: 8262.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Lot Features: Rectangular Lot
  • Disclosures: Lead Based Paint Disclosure, Sellers Disclosure Not Available
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Crawlspace

Garage/Parking

  • Parking Features: Asphalt, Driveway, Parking Lot
  • Total Parking Spaces: 8.0

Utilities

  • Heating: Electric, Radiant
  • Sewer: Sanitary
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private

Schools

  • Junior High Dist: Washington

Lot Info

  • Parcel #: 23-10381
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Heat

Multi Family

  • Net Operating Income: 52000.0
  • Number Of Units Total: 8
  • Number Of Units Leased: 7
  • Annual Operating Expense: 14000.0
  • Total Actual Rent: 570.0

MLS Schools

  • Elementary School: Jackman
  • 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
01/08/2021 01/08/21 Sold $240,550 -10.9% $29 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $269,900 -- $33 / 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: 6063638

Northwest Ohio Real Estate Information Service (NORIS)