1338 Brooke Park Drive, Toledo, OH 43612

$431,400

Virtual Tour

https://www.propertypanorama.com/instaview/toledo/6119387

Property Type: Residential Income Square Footage: 8,127 Lot Size (sq. ft.): 24,259 Status: Closed

Current Price: $431,400 List Date: 8/16/2024 Last Modified: 10/14/2025

Overview

Description

An enticing opportunity for first-time investors, this property comprises eight units w/ a commendable rental history. Situated in the Brooke Park Corridor alongside similar buildings, each unit offers 2 beds & 1 bath. Spanning 8,300 square feet across a 2-story building w/ a partial basement, the property includes appliances, upgrades & recent remodeling. Extensive renovations! ADT alarm. W/ potential for investors, 1031 exchange opportunities & future growth, this property is located in the Washington Local School district. Positioned conveniently on the MI/OH border.

Listing Details MLS# 6119387

Listing Information

Property Sub Type: Apartment

Status Change Information

Price Change Timestamp: 2024-09-24T18:56:26Z
Status Change Timestamp: 2024-11-20
Purchase Contract Date: 2024-10-21
Close Date: 2024-11-20
Close Price: 431400
Buyer Financing: Seller Financing

Address

Street Number: 1338
Street Name: Brooke Park
Street Suffix: Drive
County: Lucas
State: OH
Postal Code: 43612
Directions: Jackman RD to Brooke Park DR
Parcel Number: 23-10524

Contract

Named Exceptions YN: No
Original List Price: 499900
Listing Contract Date: 2024-08-16
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
List Price/SqFt: 53.08
Sold Price/SqFt: 53.08

Tax Legal

Subdivision Name: Brooke Park

Interior

Living Area: 8127
Basement SqFt: 0

More Information

Parking Information

Carport YN: No
Parking Total: 16

Building

Year Built: 1977
Stories Total: 2

Lot

Lot Size Acres: 0.5569
Lot Size Square Feet: 24259
Lot Size Dimensions: 24,258

Remarks

Public Historical Remarks: Tenant Expense: Cable/Satellite, Lease Information: Leased, Equipment: Alarm, Range Oven, Occupied By: TENANT
Public Remarks: An enticing opportunity for first-time investors, this property comprises eight units w/ a commendable rental history. Situated in the Brooke Park Corridor alongside similar buildings, each unit offers 2 beds & 1 bath. Spanning 8,300 square feet across a 2-story building w/ a partial basement, the property includes appliances, upgrades & recent remodeling. Extensive renovations! ADT alarm. W/ potential for investors, 1031 exchange opportunities & future growth, this property is located in the Washington Local School district. Positioned conveniently on the MI/OH border.

Income and Expenses

Total Actual Rent: 5075
Net Operating Income: 0

Unit One

Unit Type Description: 1338-1
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 850

Unit Two

Unit Type Description: 1338-2
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 625

Unit Three

Unit Type Description: 1338-3
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 775

Unit Four

Unit Type Description: 1338-4
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 650

Unit Five

Unit Type Description: 1338-5
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 775

Unit Six

Unit Type Description: 1338-6
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 725

Unit Seven

Unit Type Description: 1338-7
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 675

Unit Eight

Unit Type Description: 1338-8
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Furnished: Unfurnished

Tax & Legal

School District: Washington Local
Elementary/Primary School: Other
High School: Whitmer
6 Months General Tax: 3033.41
6 Months Special Assessment Tax: 185.46
6 Months Total Tax: 3218.87
Auction YN: No

Association/Community

Number Of Buildings: 1
Number Of Units Total: 8

Appliances

Refrigerator: Yes
Water Heater: Yes

Construction Materials

Brick: Yes
Vinyl Siding: Yes

Cooling

Window Unit(s): Yes

Disclosures

Lead Based Paint Disclosure: Yes

Foundation Details

Crawl Space: Yes

Heating

Electric: Yes
Radiant: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Parking Features

Asphalt: Yes
Driveway: Yes
Parking Lot: Yes

Possession

Subject To Tenant Rights: Yes

Roof

Shingle: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Sanitary Sewer: Yes

Water Heater

Electric: Yes

Water Source

Public: Yes

Owner Pays

Exterior Maintenance: Yes
Lawn Care: Yes
Repairs: Yes
Sewer: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Tenant Pays

Electricity: Yes

Property Features

Appliances: Refrigerator; Water Heater Construction Materials: Brick; Vinyl Siding Cooling: Window Unit(s) Disclosures: Lead Based Paint Disclosure Foundation Details: Crawl Space Heating: Electric; Radiant Listing Terms: Cash; Conventional Owner Pays: Exterior Maintenance; Lawn Care; Repairs; Sewer; Snow Removal; Taxes; Trash Collection; Water Parking Features: Asphalt; Driveway; Parking Lot Possession: Subject To Tenant Rights Roof: Shingle Security Features: Smoke Detector(s) Sewer: Sanitary Sewer Tenant Pays: Electricity Water Heater: Electric Water Source: Public

Listing Office: Serenity Realty LLC

Last Updated: October - 14 - 2025