NOT LISTED FOR SALE

4039 Vermaas Ave Toledo, OH 43612

Five Points Neighborhood
4 Beds
2 Baths
1,512 Sq Ft
5,227 Sq Ft Lot

Last Sold December 12, 2024

Last sale price $109,500 $72 Per Sq Ft

35 Days on Market

About This Home

As of December 2024

Don’t miss this exceptional investment property! The lower unit, a spacious 2-bedroom, 1-bath, is currently vacant and ready for immediate rental, previously renting at $850 per month. The upper unit, a 1-bedroom, is currently occupied, bringing in $715 monthly. Total potential rental income is $1,600+ per month. With a complete interior remodel in 2023, this duplex is an ideal addition to any portfolio.

Last Agent to Sell the Property

Andrew Lee

LPG Realty License #2023007275 Listed on: 11/05/2024

Last Buyer's Agent

Gavin Maier

Serenity Realty LLC License #2019004357

Serenity Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1891

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Partial Basement

Parking

  • 4 Parking Spaces
  • Driveway

Schools

  • Whittier Elementary School
  • Start High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Private Water Source
  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for lawn care, sewer, trash collection, water
  • Assessor Parcel Number 02-00167

Community Details

Overview

  • 2 Units
  • Bailey Heights Subdivision

Building Details

  • 1 Leased Unit

Property Details

Home Type

Multi-Family

Year Built

Built in 1891

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1891
  • Lot Size Acres: 0.12
  • Lot Size: 5,400
  • Subdivision Name: Bailey Heights
  • Carport Y N: No
  • Structure Type: Duplex
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Lawn Care, Sewer, Trash Collection, Water
  • Has Basement: Partial
  • Basement YN: Yes
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Disclosures: Lead Based Paint Disclosure, Property Disclosure
  • Construction Type: Concrete
  • Foundation Details: Crawl Space

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Other, Driveway
  • Total Parking Spaces: 4.0

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Sanitary Sewer
  • Appliances: Water Heater, Electric Range Connection, Refrigerator
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Water Source: Private

Schools

  • Junior High Dist: Toledo

Lot Info

  • Lot Size Sq Ft: 5401.0
  • Parcel #: 02-00167

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Number Of Units Total: 2
  • Number Of Units Leased: 1
  • Total Actual Rent: 715.0

MLS Schools

  • Elementary School: Whittier
  • HighSchool: Start

Range of Values:

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List Price
Sold Price
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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 List to Sale Price per Sq Ft
12/12/2024 12/12/24 Sold $109,500 -0.4% $72 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
11/05/2024 11/05/24 For Sale $109,900 -- $73 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Andrew Lee

    Seller's Agent in 2024

    Andrew Lee

    LPG Realty

    (419) 308-5990

    123 in this area

    277 Total Sales

    Andrew Lee
    Section Image
  • Gavin Maier

    Buyer's Agent in 2024

    Gavin Maier

    Serenity Realty LLC

    (419) 262-8944

    6 in this area

    35 Total Sales

    Gavin Maier
    Section Image
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Map

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6122792

Northwest Ohio Real Estate Information Service (NORIS)

APN: 02-00167

Ohio Lucas County Toledo 43612 Five Points

4039 Vermaas Ave, Toledo, OH

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