NOT LISTED FOR SALE

Toledo, OH 43612

Five Points Neighborhood
-- Bed
-- Bath
16,530 Sq Ft
1.01 Acres

Last Sold April 05, 2019

Last sale price $640,000 $39 Per Sq Ft

93 Days on Market

Highlights

  • 1.01 Acre Lot
  • Forced Air Heating System
  • 3-minute walk to Bennett Park
  • Wood Flooring
  • Rectangular Lot

About This Home

As of April 2019

Well run, all brick, 20-unit apartment building. Consisting of 14 townhouses, 4 two-bedroom ranch, and 2 one-bedroom ranch units. 2 of the 3 roofs have been replaced within the last 2 years. The parking lot was torn out and re-laid approximately 8 years ago. over half of the hot-water tanks and furnaces have been replaced within the last 5 years.

Last Agent to Sell the Property

Mike Welch

RE/MAX Preferred Associates License #0000349420 Listed on: 10/24/2018

RE/MAX Preferred Associates

Co-Listed By

Kevin Welch

RE/MAX Preferred Associates License #2004003892

RE/MAX Preferred Associates

Last Buyer's Agent

Kevin Welch

RE/MAX Preferred Associates License #2004003892

RE/MAX Preferred Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 1.01 Acre Lot
  • Rectangular Lot

Home Design

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

Interior Spaces

  • 16,530 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Crawl Space

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet

Parking

  • 30 Parking Spaces
  • Driveway
  • Parking Lot

Schools

  • Start High School

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, heat
  • The owner pays for grounds care, insurance, snow removal, sewer, taxes, trash collection, water
  • Assessor Parcel Number 18-20031

Community Details

Overview

  • 3 Buildings
  • 20 Units

Building Details

  • 20 Leased Units
  • Operating Expense $42,834
  • Net Operating Income $25,119

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1966
  • Lot Size Acres: 1.0142
  • Lot Size: 44,180
  • Co List Office Mls Id: PREF
  • Co List Office Phone: (419) 720-5600
  • Inclusions: ,,
  • Subdivision Name: None
  • Unit Levels: Two
  • Structure Type: Apartment
  • Property Sub Type Additional: Multi Family
  • Special Features: VirtualTour

Interior Features

  • Stories: 2
  • Flooring: Carpet, Wood
  • Number Of Buildings: 3
  • Owner Pays: Grounds Care, Insurance, Snow Removal, Sewer, Taxes, Trash Collection, Water
  • Has Basement: Crawl Space
  • Living Area: 16530.0
  • Stories: 2
  • Window Features: Screens
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Lot Features: Rectangular Lot
  • 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: 30.0

Utilities

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

Schools

  • Junior High Dist: Toledo

Lot Info

  • Parcel #: 18-20031
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Net Operating Income: 25119.0
  • Number Of Units Total: 20
  • Number Of Units Leased: 20
  • Annual Operating Expense: 42834.0
  • Total Actual Rent: 10258.0

MLS Schools

  • Elementary School: Other
  • HighSchool: Start

Range of Values:

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Average Value
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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 Change Sq Ft Price
04/05/2019 04/05/19 Sold $640,000 -12.9% $39 / Sq Ft
01/25/2019 01/25/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $735,000 0.0% $44 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $735,000 -- $44 / Sq Ft
Source: Northwest Ohio Real Estate Information Service (NORIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mike Welch

    Seller's Agent in 2019

    Mike Welch

    RE/MAX

    (419) 720-5631

    15 in this area

    127 Total Sales

    Mike Welch
    Section Image
  • Kevin Welch

    Seller Co-Listing Agent in 2019

    Kevin Welch

    RE/MAX

    (419) 345-6389

    13 in this area

    71 Total Sales

    Kevin Welch
    Section Image
See All Agents

Source: Northwest Ohio Real Estate Information Service (NORIS)

MLS Number: 6032522

Northwest Ohio Real Estate Information Service (NORIS)
Ohio Lucas County Toledo 43612

Five Points

This home since 24 October 2018. This property was built in 1966. This home is a home located in Lucas County with nearby schools including Whittier Elementary School, Start High School, and Bennett Venture Academy.

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Northwest Ohio Real Estate Information Service (NORIS) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. ©2025 NORIS. All rights reserved.

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