4994 Main Street, Sylvania, OH 43560 (MLS# 6099945)

4994 Main Street, Sylvania, OH 43560

$1,575,000

Virtual Tour

https://www.propertypanorama.com/instaview/toledo/6099945

Property Type: Residential Income Square Footage: 16,200 Lot Size (sq. ft.): 38,864 Status: Closed

Current Price: $1,575,000 List Date: 4/04/2023 Last Modified: 10/14/2025

Overview

Description

PROPERTY CAN NOW BE SOLD INDIVIDUALLY. Recent improvements to the property, financials, & pricing! Rare opportunity to invest in a 20 unit Sylvania apartment complex! (Includes 1 single family home/rental right next door @ 5000 Main St, parcel#8204019). Property consists of 4 buildings (2 townhome style, and 1 flat building, 1 SF home/rental) with on site income producing laundry facilities, new parking lot, & new roofs. Property is very well maintained with strong rents, but still room for rent growth! Inquire for more details(rent roll/expense reports).

Listing Details MLS# 6099945

Listing Information

Property Sub Type: Apartment

Status Change Information

Price Change Timestamp: 2023-04-11T20:32:14Z
Status Change Timestamp: 2023-06-01
Purchase Contract Date: 2023-05-31
Close Date: 2023-06-01
Close Price: 1575000
Buyer Financing: Conventional

Address

Street Number: 4994
Street Name: Main
Street Suffix: Street
County: Lucas
State: OH
Postal Code: 43560
Postal Code +4: 2150
Directions: From Sylvania Ave, go North on Holland Sylvania. Follow Holland Sylvania past Brint & road turns into Main St. Property on the corner of Main & Brint.
Parcel Number: 82-04004

Contract

Named Exceptions YN: No
Original List Price: 1700000
Listing Contract Date: 2023-04-04
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
List Price/SqFt: 97.22
Sold Price/SqFt: 97.22

Interior

Living Area: 16200
Living Area Source: Public Records
Basement SqFt: 0

Parking Information

Carport YN: No
Parking Total: 35

More Information

Building

Year Built: 1970
Stories Total: 2

Lot

Lot Size Acres: 0.8922
Lot Size Square Feet: 38864
Lot Size Dimensions: 38,866

Remarks

Public Historical Remarks: Tenant Expense: Heat, Cable/Satellite, Lot Description: Trees,, Equipment: Range Oven, Occupied By: TENANT
Public Remarks: PROPERTY CAN NOW BE SOLD INDIVIDUALLY. Recent improvements to the property, financials, & pricing! Rare opportunity to invest in a 20 unit Sylvania apartment complex! (Includes 1 single family home/rental right next door @ 5000 Main St, parcel#8204019). Property consists of 4 buildings (2 townhome style, and 1 flat building, 1 SF home/rental) with on site income producing laundry facilities, new parking lot, & new roofs. Property is very well maintained with strong rents, but still room for rent growth! Inquire for more details(rent roll/expense reports).

Unit One

Unit Type Description: 2 Bed Townhome
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Furnished: Unfurnished

Unit Two

Unit Type Description: 1 Bed Flat
Unit Type Beds Total: Yes
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Furnished: Unfurnished

Unit Three

Unit Type Description: 2 Bed Flat
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Furnished: Unfurnished

Unit Four

Unit Type Description: Single Fam Rental
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Furnished: Unfurnished

Tax & Legal

School District: Sylvania
Elementary/Primary School: Maplewood
High School: Northview
6 Months General Tax: 10616.38
6 Months Special Assessment Tax: 157.97
6 Months Total Tax: 10774.35
Auction YN: No

Association/Community

Number Of Buildings: 4
Number Of Units Total: 20

Appliances

Dryer: Yes
Refrigerator: Yes
Washer: Yes
Water Heater: Yes

Construction Materials

Brick: Yes

Cooling

Central Air: Yes

Exterior Features

Private Entrance: Yes

Foundation Details

Crawl Space: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Listing Terms

Assumable: Yes
Cash: Yes
Conventional: Yes

Lot Features

Corner Lot: Yes
Wooded: Yes

Outdoor Living Spaces Features

Patio: Yes

Parking Features

Asphalt: Yes
Driveway: Yes
Parking Lot: Yes

Possession

Close Of Escrow: Yes

Road Surface Type

Paved: Yes

Roof

Shingle: Yes

Sewer

Sanitary Sewer: Yes

Water Heater

Gas: Yes

Water Source

Public: Yes

Income and Expenses

Net Operating Income: 0
Total Actual Rent: 0

Income Includes

Laundry: Yes

Lease Term Options

12 Months: Yes

Owner Pays

Insurance: Yes
Lawn Care: Yes
Snow Removal: Yes
Taxes: Yes
Water: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Trash Collection: Yes

Property Features

Appliances: Dryer; Refrigerator; Washer; Water Heater Construction Materials: Brick Cooling: Central Air Exterior Features: Private Entrance Foundation Details: Crawl Space Heating: Forced Air; Natural Gas Income Includes: Laundry Lease Term Options: 12 Months Listing Terms: Assumable; Cash; Conventional Lot Features: Corner Lot; Wooded Outdoor Living Spaces Features: Patio Owner Pays: Insurance; Lawn Care; Snow Removal; Taxes; Water Parking Features: Asphalt; Driveway; Parking Lot Possession: Close Of Escrow Road Surface Type: Paved Roof: Shingle Sewer: Sanitary Sewer Tenant Pays: Electricity; Gas; Trash Collection Water Heater: Gas Water Source: Public

Listing Office: River Asset Management

Last Updated: October - 14 - 2025