1241 Hidden Ridge Road, Toledo, OH 43615 (MLS# 6043703)

1241 Hidden Ridge Road, Toledo, OH 43615

$539,000

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

Current Price: $539,000 List Date: 8/08/2019 Last Modified: 10/14/2025

Overview

Description

Rare investment opportunity in Springfield Township. 2 building each has 4 townhouse units with private detached garages. All nice 2 bed, large living rooms, kitchen w/appl, 1.5 baths with full basements. All 8 units currently occupied. Lots of improvements include 3 new furnaces & central air units. Both buildings recently had exterior painted and new roof is being installed on both buildings.

Listing Details MLS# 6043703

Listing Information

Property Sub Type: Apartment

Status Change Information

Price Change Timestamp: 2019-08-08T19:03:57Z
Status Change Timestamp: 2019-09-13
Purchase Contract Date: 2019-09-13
Close Date: 2019-09-13
Close Price: 539000
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: South off Airport Hwy to Bernath, west on Tiberon to Hidden Ridge.
Parcel Number: 26-70774

Contract

Named Exceptions YN: No
Original List Price: 549000
Listing Contract Date: 2019-08-08
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
List Price/SqFt: 33.2
Sold Price/SqFt: 33.2

Tax Legal

Subdivision Name: None

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: 39,141

Remarks

Public Historical Remarks: Tenant Expense: Cable/Satellite, Lease Information: Leased, Equipment: Range Oven, Occupied By: TENANT
Public Remarks: Rare investment opportunity in Springfield Township. 2 building each has 4 townhouse units with private detached garages. All nice 2 bed, large living rooms, kitchen w/appl, 1.5 baths with full basements. All 8 units currently occupied. Lots of improvements include 3 new furnaces & central air units. Both buildings recently had exterior painted and new roof is being installed on both buildings.

Income and Expenses

Gross Scheduled Income: 73860
Net Operating Income: 47130
Operating Expense: 26730
Total Actual Rent: 6155

Unit Details

Number Of Units Leased: 8

Unit One

Unit Type Description: 1241
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 725
Number of Identical Units Leased: Yes

Unit Two

Unit Type Description: 1243
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 750
Number of Identical Units Leased: Yes

Unit Three

Unit Type Description: 1245
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 750
Number of Identical Units Leased: Yes

Unit Four

Unit Type Description: 1247
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 750
Number of Identical Units Leased: Yes

Unit Five

Unit Type Description: 1249
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 795
Number of Identical Units Leased: Yes

Unit Six

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

Unit Seven

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

Unit Eight

Unit Type Description: 3
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 795
Number of Identical Units Leased: Yes

Showing Information

Showing Instructions: Showing Time

Tax & Legal

School District: Springfield
High School: Springfield
6 Months General Tax: 5302.45
6 Months Special Assessment Tax: 321.69
6 Months Total Tax: 5624.14
Tax Map Number: Yes
Tax Lot: 11
Auction YN: No

Association/Community

Number Of Buildings: 2
Number Of Units Total: 8

Utilities

Cable Connected: Yes

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

Lead Based Paint Disclosure: Yes

Electric

Circuit Breakers: Yes

Flooring

Carpet: Yes

Heating

Electric: Yes
Heat Pump: Yes

Laundry Features

Electric Dryer Hookup: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Irregular Lot: Yes

Parking Features

Alley Access: Yes
Assigned: Yes
Driveway: Yes

Possession

Subject To Tenant Rights: Yes

Roof

Shingle: Yes

Sewer

Sanitary Sewer: Yes

Water Heater

Electric: Yes

Water Source

Public: Yes

Lease Term Options

Other: Yes

Owner Pays

Insurance: Yes
Lawn Care: Yes
Sewer: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Tenant Pays

Electricity: Yes

Property Features

Utilities: Cable Connected; Cable Connected Appliances: Electric Range Connection; Refrigerator; Water Heater Basement: Full Construction Materials: Brick; Wood Siding Cooling: Central Air Disclosures: Lead Based Paint Disclosure Electric: Circuit Breakers Flooring: Carpet Heating: Electric; Heat Pump Laundry Features: Electric Dryer Hookup Lease Term Options: Other Listing Terms: Cash; Conventional Lot Features: Irregular Lot Owner Pays: Insurance; Lawn Care; Sewer; Snow Removal; Taxes; Trash Collection; Water Parking Features: Alley Access; Assigned; Driveway Possession: Subject To Tenant Rights Roof: Shingle Sewer: Sanitary Sewer Tenant Pays: Electricity Water Heater: Electric Water Source: Public

Listing Office: RE/MAX Central Group Inc

Last Updated: October - 14 - 2025