1241 Hidden Ridge Road, Toledo, OH 43615

$380,000

1241-43-45-47 Hidden Ridge partial brick 4 unit 2 story with full basement attach garage

Virtual Tour

http://www.propertypanorama.com/instaview/toledo/6008697

Property Type: Residential Income Square Footage: 16,236 Lot Size (sq. ft.): 39,143 Status: Closed

Current Price: $380,000 List Date: 6/01/2017 Last Modified: 10/14/2025

Overview

Description

Fabulous Money Maker, great area & schools, ready to take the next level for lucrative investing. Maintenance free brick plus private detached garages. Modern 2 bedroom 1.5 bath townhouses w/ full basements, garages & extra parking. Occupied except 1 unit open for showings. Tenants cover, heat, gas, electric. Owner assist, Land Contract, possible assumption/take over mortgage. INVESTOR DREAM

Listing Details MLS# 6008697

Listing Information

Property Sub Type: Apartment

Status Change Information

Status Change Timestamp: 2017-11-01
Purchase Contract Date: 2017-10-20
Close Date: 2017-11-01
Close Price: 380000
Buyer Financing: Cash

Address

Street Number: 1241
Street Name: Hidden Ridge
Street Suffix: Road
County: Lucas
State: OH
Postal Code: 43615
Postal Code +4: 6795
Directions: I-475 east on Airport Hwy to N on Bernath and W on Tiberon to Hidden Ridge
Parcel Number: 26-70774

Contract

Named Exceptions YN: No
Original List Price: 520000
Listing Contract Date: 2017-06-01
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
List Price/SqFt: 23.4
Sold Price/SqFt: 23.4

Tax Legal

Subdivision Name: Tibaron

Interior

Living Area: 16236
Living Area Source: Public Records
Basement YN: Yes
Basement SqFt: 0

More Information

Parking Information

Carport YN: No
Parking Total: 8

Building

Year Built: 1979
Stories Total: 2

Lot

Lot Size Acres: 0.8986
Lot Size Square Feet: 39143
Lot Size Dimensions: 173 x 222

Remarks

Public Historical Remarks: Tenant Expense: Heat, Cable/Satellite, Terms: Seller Assist,, Miscellaneous: Security,, Equipment: Alarm, Range Oven, Occupied By: TENANT
Public Remarks: Fabulous Money Maker, great area & schools, ready to take the next level for lucrative investing. Maintenance free brick plus private detached garages. Modern 2 bedroom 1.5 bath townhouses w/ full basements, garages & extra parking. Occupied except 1 unit open for showings. Tenants cover, heat, gas, electric. Owner assist, Land Contract, possible assumption/take over mortgage. INVESTOR DREAM

Income and Expenses

Gross Scheduled Income: 72864
Net Operating Income: 41055
Operating Expense: 31809
Total Actual Rent: 6072

Unit Details

Number Of Units Leased: 7

Unit One

Unit Type Description: Townhouse 1
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
SqFt per Unit: 2000
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 725
Number of Identical Units Leased: Yes

Unit Two

Unit Type Description: Townhouse 2
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
SqFt per Unit: 2000
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 750
Number of Identical Units Leased: Yes

Unit Three

Unit Type Description: Townhouse 3
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
SqFt per Unit: 2000
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 760
Number of Identical Units Leased: Yes

Unit Four

Unit Type Description: Townhouse 4
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
SqFt per Unit: 2000
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 795

Unit Five

Unit Type Description: Townhouse 5
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
SqFt per Unit: 2000
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 700
Number of Identical Units Leased: Yes

Unit Six

Unit Type Description: Townhouse 6
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
SqFt per Unit: 2000
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 795
Number of Identical Units Leased: Yes

Unit Seven

Unit Type Description: Townhouse 7
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
SqFt per Unit: 2000
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 785
Number of Identical Units Leased: Yes

Unit Eight

Unit Type Description: Townhouse 8
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
SqFt per Unit: 2000
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 762
Number of Identical Units Leased: Yes

Showing Information

Showing Instructions: showing time and go

Tax & Legal

School District: Springfield
High School: Springfield
6 Months General Tax: 4329.57
6 Months Special Assessment Tax: 333.54
6 Months Total Tax: 4663.11
Tax Map Number: Yes
Tax Lot: 11
Zoning: RM 12
Auction YN: No

Association/Community

Number Of Buildings: 2
Number Of Units Total: 8

Appliances

Electric Range Connection: Yes
Refrigerator: Yes
Water Heater: Yes

Basement

Full: Yes

Construction Materials

Brick: Yes
Wood Siding: Yes

Cooling

Central Air: Yes

Disclosures

Property Disclosure: Yes

Door Features

Door Screen(s): Yes
Storm Door(s): Yes

Electric

Circuit Breakers: Yes

Heating

Electric: Yes
Heat Pump: Yes

Listing Terms

Assumable: Yes
Cash: Yes
Contract: Yes
Conventional: Yes

Parking Features

Asphalt: Yes
Driveway: Yes
Parking Lot: Yes

Possession

Subject To Tenant Rights: Yes

Roof

Shingle: Yes

Security Features

Security Lights: Yes
Smoke Detector(s): Yes

Sewer

Sanitary Sewer: Yes
Storm Sewer: Yes

Water Heater

Electric: Yes

Water Source

Public: Yes

Window Features

Screens: Yes
Storm Window(s): Yes

Lease Term Options

12 Months: Yes

Owner Pays

Insurance: Yes
Lawn Care: Yes
Management: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Tenant Pays

Electricity: Yes

Property Features

Appliances: Electric Range Connection; Refrigerator; Water Heater Basement: Full Construction Materials: Brick; Wood Siding Cooling: Central Air Disclosures: Property Disclosure Door Features: Door Screen(s); Storm Door(s) Electric: Circuit Breakers Heating: Electric; Heat Pump Lease Term Options: 12 Months Listing Terms: Assumable; Cash; Contract; Conventional Owner Pays: Insurance; Lawn Care; Management; Sewer; Taxes; Trash Collection; Water Parking Features: Asphalt; Driveway; Parking Lot Possession: Subject To Tenant Rights Roof: Shingle Security Features: Security Lights; Smoke Detector(s) Sewer: Sanitary Sewer; Storm Sewer Tenant Pays: Electricity Water Heater: Electric Water Source: Public Window Features: Screens; Storm Window(s)

Listing Office: iLink Real Estate Company, LLC

Last Updated: October - 14 - 2025

Broker Attribution: 419-283-8427