2565 W Bancroft Street, Toledo, OH 43607
$1,200,000
Property Type:
Residential Income
Square Footage:
15,041
Lot Size (sq. ft.):
115,360
Status:
Closed
Current Price:
$1,200,000
List Date:
5/07/2024
Last Modified:
10/14/2025
Overview
Description
Listing Details MLS# 6115105
Listing Information
- Property Sub Type
- Apartment
Status Change Information
- Status Change Timestamp
- 2024-10-31
- Purchase Contract Date
- 2024-10-30
- Close Date
- 2024-10-31
- Close Price
- 1200000
- Buyer Financing
- Conventional
Address
- Street Number
- 2565
- Street Direction Prefix
- W
- Street Name
- Bancroft
- Street Suffix
- Street
- County
- Lucas
- State
- OH
- Postal Code
- 43607
- Directions
- Bancroft St. between Westwood and Parkside, Or Indian River off Westwood
- Parcel Number
- 11-65346
Contract
- Named Exceptions YN
- No
- Original List Price
- 1300000
- Listing Contract Date
- 2024-05-07
- Listing Agreement
- Exclusive Right To Sell
- Listing Service
- Full Service
- List Price/SqFt
- 79.78
- Sold Price/SqFt
- 79.78
Interior
- Living Area
- 15041
- Living Area Source
- Public Records
- Basement SqFt
- 0
Parking Information
- Carport YN
- Yes
- Parking Total
- Yes
More Information
Building
- Year Built
- 1964
- Stories Total
- 2
Lot
- Lot Size Acres
- 2.6483
- Lot Size Square Feet
- 115360
- Lot Size Dimensions
- 115,358
Remarks
- Public Historical Remarks
- Lease Information: Vacant, Equipment: Range Oven, Occupied By: TENANT
- Public Remarks
- Jump on this opportunity! Money maker with a huge possibility for value added income, projected added income available, 2 buildings Consist of 1 & 2 bedrooms, and some efficiencies some have been renovated from 1 to 2 bedrooms and ready for current market rent, Conveniently located next to the University of Toledo, and ProMedica Toledo Hospital, Shopping, fine restaurants and parks. Reach a Realtor for more information.
Income and Expenses
- Gross Scheduled Income
- 204060
- Net Operating Income
- 121208
- Operating Expense
- 82852
- Total Actual Rent
- 14105
Unit Details
- Number Of Units Leased
- 18
Unit One
- Unit Type Description
- 23
- Unit Type Beds Total
- Yes
- Unit Type Number of Full Baths
- Yes
- SqFt per Unit
- 474
- Appliances Included
- Yes
- Furnished
- Unfurnished
- Unit Type Actual Rent
- 14105
- Number of Identical Units Leased
- 18
Showing Information
- Showing Instructions
- Call Agent 419-376-6116 Can view vacant units, Occupied units can be viewed during DDP.
Tax & Legal
- School District
- Toledo
- Elementary/Primary School
- Old Orchard
- High School
- Start
- 6 Months General Tax
- 3318.3
- 6 Months Special Assessment Tax
- 95.8
- 6 Months Total Tax
- 3414.1
- Auction YN
- No
Association/Community
- Number Of Buildings
- 2
- Number Of Units Total
- 23
Appliances
- Refrigerator
- Yes
- Water Heater
- Yes
Construction Materials
- Brick
- Yes
Cooling
- Other
- Yes
Disclosures
- Lead Based Paint Disclosure
- Yes
Exterior Features
- Private Entrance
- Yes
Foundation Details
- Crawl Space
- Yes
- Slab
- Yes
Heating
- Boiler
- Yes
- Electric
- Yes
- Other
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Corner Lot
- Yes
- Other
- Yes
Parking Features
- Asphalt
- Yes
- Driveway
- Yes
- Parking Lot
- Yes
- Other
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Shingle
- Yes
Sewer
- Sanitary Sewer
- Yes
Water Heater
- Electric
- Yes
Water Source
- Public
- Yes
Lease Term Options
- Other
- Yes
Owner Pays
- Electricity
- Yes
- Exterior Maintenance
- Yes
- Lawn Care
- Yes
- Management
- Yes
- Repairs
- Yes
- Snow Removal
- Yes
Tenant Pays
- Electricity
- Yes
Property Features
Appliances:
Refrigerator; Water Heater
Construction Materials:
Brick
Cooling:
Other
Disclosures:
Lead Based Paint Disclosure
Exterior Features:
Private Entrance
Foundation Details:
Crawl Space; Slab
Heating:
Boiler; Electric; Other
Lease Term Options:
Other
Listing Terms:
Cash; Conventional
Lot Features:
Corner Lot; Other
Owner Pays:
Electricity; Exterior Maintenance; Lawn Care; Management; Repairs; Snow Removal
Parking Features:
Asphalt; Driveway; Parking Lot; Other
Possession:
Close Of Escrow
Roof:
Shingle
Sewer:
Sanitary Sewer
Tenant Pays:
Electricity
Water Heater:
Electric
Water Source:
Public
Listing Office:
Key Realty
Last Updated: October - 14 - 2025
Broker Attribution:
419-376-6116
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