4344 W Bancroft Street, Ottawa Hills, OH 43615

$517,000

Virtual Tour

https://www.propertypanorama.com/instaview/toledo/6052954

Kitchen has stove, refrigerator, and dishwasher

There are 8 washer/dryer hook ups. One for each rental.

Each rental has a storage space that can be locked

6 exterior parking spots (3 on east east and 3 on the west 2 west)

Two 5 car garages with new garage doors (10 total garage spaces)

Property Type: Residential Income Square Footage: 13,909 Lot Size (sq. ft.): 20,473 Status: Closed

Current Price: $517,000 List Date: 4/20/2020 Last Modified: 10/14/2025

Overview

Description

TURNKEY, FULLY RENTED 8 unit brick apartment building in Ottawa Hills. Building has mostly long term tenants. All units are 2 brs, 1.5 bath, large LR, dining rm, a balcony and central air. The kitchens have stove, refrigerator and dishwasher. There is a 10 car garage with new doors and 6 additional exterior parking spots. Basement has 8 storage bins and 8 washer/dryer hook-ups. You tube video tour of an apartment is available

Listing Details MLS# 6052954

Listing Information

Property Sub Type: Apartment

Status Change Information

Status Change Timestamp: 2020-06-30
Purchase Contract Date: 2020-06-29
Close Date: 2020-06-30
Close Price: 517000
Buyer Financing: Cash

Address

Street Number: 4344
Street Direction Prefix: W
Street Name: Bancroft
Street Suffix: Street
County: Lucas
State: OH
Postal Code: 43615
Directions: W. Bancroft just W. of Talmadge
Parcel Number: 88-12671

Contract

Named Exceptions YN: No
Original List Price: 549900
Listing Contract Date: 2020-04-20
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
List Price/SqFt: 37.17
Sold Price/SqFt: 37.17

Interior

Living Area: 13909
Living Area Source: Public Records
Basement YN: Yes
Basement SqFt: 0

Parking Information

Carport YN: No
Parking Total: 16

More Information

Building

Year Built: 1965
Stories Total: 2

Lot

Lot Size Acres: 0.47
Lot Size Square Feet: 20473
Lot Size Dimensions: 172x120

Remarks

Public Historical Remarks: Tenant Expense: Cable/Satellite, Lease Information: Leased, Equipment: Range Oven, Occupied By: TENANT
Public Remarks: TURNKEY, FULLY RENTED 8 unit brick apartment building in Ottawa Hills. Building has mostly long term tenants. All units are 2 brs, 1.5 bath, large LR, dining rm, a balcony and central air. The kitchens have stove, refrigerator and dishwasher. There is a 10 car garage with new doors and 6 additional exterior parking spots. Basement has 8 storage bins and 8 washer/dryer hook-ups. You tube video tour of an apartment is available

Income and Expenses

Gross Scheduled Income: 73200
Net Operating Income: 44611
Operating Expense: 28589
Total Actual Rent: 6100

Unit Details

Number Of Units Leased: 8

Unit One

Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
SqFt per Unit: 1050
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 740
Number of Identical Units Leased: Yes

Unit Two

Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
SqFt per Unit: 1050
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 755
Number of Identical Units Leased: Yes

Unit Three

Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
SqFt per Unit: 1050
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 740
Number of Identical Units Leased: Yes

Unit Four

Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
SqFt per Unit: 1050
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 785
Number of Identical Units Leased: Yes

Unit Five

Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
SqFt per Unit: 1050
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 765
Number of Identical Units Leased: Yes

Unit Six

Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
SqFt per Unit: 1050
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 715
Number of Identical Units Leased: Yes

Unit Seven

Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
SqFt per Unit: 1050
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 800
Number of Identical Units Leased: Yes

Unit Eight

Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
SqFt per Unit: 1050
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 800
Number of Identical Units Leased: Yes

Showing Information

Showing Instructions: Use Showingtime

Tax & Legal

School District: Ottawa Hills
Elementary/Primary School: Ottawa Hills
High School: Ottawa Hills
6 Months General Tax: 9076.62
6 Months Special Assessment Tax: 0
6 Months Total Tax: 9076.62
Tax Map Number: 7
Tax Lot: 11-15
Zoning: RES
Auction YN: No

Association/Community

Number Of Buildings: 1
Number Of Units Total: 8

Appliances

Dishwasher: 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

Heating

Forced Air: Yes
Natural Gas: Yes

Laundry Features

Electric Dryer Hookup: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Parking Features

Asphalt: Yes
Driveway: Yes
Other: Yes

Possession

Close Of Escrow: Yes
Subject To Tenant Rights: Yes

Roof

Shingle: Yes

Sewer

Sanitary Sewer: Yes

Water Heater

Gas: Yes

Water Source

Public: Yes

Move In Costs

Security Deposit: Yes

Owner Pays

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

Tenant Pays

Electricity: Yes
Gas: Yes

Property Features

Appliances: Dishwasher; Refrigerator; Water Heater Basement: Full Construction Materials: Brick; Wood Siding Cooling: Central Air Disclosures: Lead Based Paint Disclosure Electric: Circuit Breakers Heating: Forced Air; Natural Gas Laundry Features: Electric Dryer Hookup Listing Terms: Cash; Conventional Move In Costs: Security Deposit Owner Pays: Exterior Maintenance; Insurance; Lawn Care; Repairs; Sewer; Snow Removal; Taxes; Water Parking Features: Asphalt; Driveway; Other Possession: Close Of Escrow; Subject To Tenant Rights Roof: Shingle Sewer: Sanitary Sewer Tenant Pays: Electricity; Gas Water Heater: Gas Water Source: Public

Listing Office: The Danberry Co

Last Updated: October - 14 - 2025

Broker Attribution: 419-531-4431