4012 W Bancroft Street, Toledo, OH 43606

$460,000

Virtual Tour

https://www.propertypanorama.com/instaview/toledo/6077706

Property Type: Residential Income Square Footage: 8,064 Lot Size (sq. ft.): 6,090 Status: Closed

Current Price: $460,000 List Date: 9/26/2021 Last Modified: 10/14/2025

Overview

Description

Here's your chance for a turnkey eight unit in Ottawa Hills! All brick building with garage parking in the rear. Two units are 1bed/1 bath. Six units are 2bed/1bath. Coin laundry can be added to basement Easy to rent.

Listing Details MLS# 6077706

Listing Information

Property Sub Type: Apartment

Status Change Information

Price Change Timestamp: 2021-12-15T19:46:13Z
Status Change Timestamp: 2022-03-21
Purchase Contract Date: 2022-03-11
Close Date: 2022-03-21
Close Price: 460000
Buyer Financing: Conventional

Address

Street Number: 4012
Street Direction Prefix: W
Street Name: Bancroft
Street Suffix: Street
County: Lucas
State: OH
Postal Code: 43606
Postal Code +4: 2573
Directions: Bancroft just East of Richards
Parcel Number: 88-07901

Contract

Named Exceptions YN: No
Original List Price: 525000
Listing Contract Date: 2021-09-26
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
List Price/SqFt: 57.04
Sold Price/SqFt: 57.04

Tax Legal

Subdivision Name: Ottawa Hills

Interior

Living Area: 8064
Living Area Source: Public Records
Basement YN: Yes
Basement SqFt: 0

More Information

Parking Information

Carport YN: No
Parking Total: 8

Building

Year Built: 1940
Stories Total: 2

Lot

Lot Size Acres: 0.1398
Lot Size Square Feet: 6090
Lot Size Dimensions: 6,088

Remarks

Public Historical Remarks: Tenant Expense: Cable/Satellite, Miscellaneous: Common Entry,, Equipment: Alarm, Range Oven, Occupied By: TENANT
Public Remarks: Here's your chance for a turnkey eight unit in Ottawa Hills! All brick building with garage parking in the rear. Two units are 1bed/1 bath. Six units are 2bed/1bath. Coin laundry can be added to basement Easy to rent.

Income and Expenses

Total Actual Rent: 5750
Net Operating Income: 0

Unit Details

Number Of Units Leased: 6

Unit One

Unit Type Description: Yes
Unit Type Beds Total: Yes
Unit Type Number of Full Baths: Yes
SqFt per Unit: 600
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 525

Unit Two

Unit Type Description: 2
Unit Type Beds Total: Yes
Unit Type Number of Full Baths: Yes
SqFt per Unit: 600
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 599
Number of Identical Units Leased: Yes

Unit Three

Unit Type Description: 3
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
SqFt per Unit: 829
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 799
Number of Identical Units Leased: Yes

Unit Four

Unit Type Description: 4
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
SqFt per Unit: 829
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 755
Number of Identical Units Leased: Yes

Unit Five

Unit Type Description: 5
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
SqFt per Unit: 829
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 799
Number of Identical Units Leased: Yes

Unit Six

Unit Type Description: 6
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
SqFt per Unit: 829
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 799

Unit Seven

Unit Type Description: 7
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
SqFt per Unit: 829
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 759
Number of Identical Units Leased: Yes

Unit Eight

Unit Type Description: 8
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
SqFt per Unit: 829
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 715
Number of Identical Units Leased: Yes

Showing Information

Showing Instructions: Through Listing Agent after acceptance --> [email protected]

Tax & Legal

School District: Ottawa Hills
Elementary/Primary School: Ottawa Hills
High School: Ottawa Hills
6 Months General Tax: 6106.37
6 Months Special Assessment Tax: 42.83
6 Months Total Tax: 6149.2
Zoning: 401C
Auction YN: No

Association/Community

Number Of Buildings: 1
Number Of Units Total: 8

Appliances

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

Basement

Full: Yes

Construction Materials

Brick: Yes

Cooling

None: Yes

Disclosures

Lead Based Paint Disclosure: Yes

Electric

Fuses: Yes

Heating

Boiler: Yes
Natural Gas: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Parking Features

Asphalt: Yes
Detached Garage: Yes
Driveway: Yes
Shared Driveway: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Roof

Shingle: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Sanitary Sewer: Yes

Water Heater

Gas: Yes

Water Source

Public: Yes

Income Includes

Laundry: Yes

Lease Term Options

Month To Month: Yes

Owner Pays

Exterior Maintenance: Yes
Gas: Yes
Insurance: Yes
Lawn Care: Yes
Repairs: Yes
Snow Removal: Yes
Trash Collection: Yes
Water: Yes

Tenant Pays

Electricity: Yes

Property Features

Appliances: Electric Range Connection; Refrigerator; Water Heater Basement: Full Construction Materials: Brick Cooling: None Disclosures: Lead Based Paint Disclosure Electric: Fuses Heating: Boiler; Natural Gas Income Includes: Laundry Lease Term Options: Month To Month Listing Terms: Cash; Conventional Owner Pays: Exterior Maintenance; Gas; Insurance; Lawn Care; Repairs; Snow Removal; Trash Collection; Water Parking Features: Asphalt; Detached Garage; Driveway; Shared Driveway Possession: Close Of Escrow; Subject To Tenant Rights Roof: Shingle Security Features: Smoke Detector(s) Sewer: Sanitary Sewer Tenant Pays: Electricity Water Heater: Gas Water Source: Public

Listing Office: Coldwell Banker Haynes

Last Updated: October - 14 - 2025

Broker Attribution: 419-475-8383