5044 Secor Road, Toledo, OH 43623 (MLS# 6135663)

5044 Secor Road, Toledo, OH 43623

$820,000

Virtual Tour

https://www.propertypanorama.com/instaview/toledo/6135663

Property Type: Residential Income Square Footage: 9,454 Lot Size (sq. ft.): 30,492 Status: Closed

Current Price: $820,000 List Date: 9/12/2025 Last Modified: 12/02/2025

Overview

Description

Great investment opportunity! This 11-unit apartment building is positioned along Secor Rd just north of Laskey Rd., offering excellent visibility and easy access to shopping, dining, The University of Toledo and major highways. The property features 2 bed 1 bath units, all with Central Air Conditioning. Tenants enjoy ample off street parking and convenient proximity to schools, hospitals and major employment centers. The exteriors are all brick, with newer roofs, and vinyl replacement windows. All units are 2 Bedroom townhouse style apartments with 1 bathroom.

Listing Details MLS# 6135663

Listing Information

Property Sub Type: Apartment

Status Change Information

Status Change Timestamp: 2025-12-02
Purchase Contract Date: 2025-12-01
Close Date: 2025-12-01
Close Price: 820000
Buyer Financing: Conventional

Address

Street Number: 5044
Street Name: Secor
Street Suffix: Road
County: Lucas
Township: Washington
State: OH
Postal Code: 43623
Directions: On Secor Rd., just north of Laskey Rd on the East side of the road.
Parcel Number: 22-03001

Contract

Named Exceptions YN: No
Original List Price: 790000
Listing Contract Date: 2025-09-12
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
List Price/SqFt: 83.56
Sold Price/SqFt: 86.74

Tax Legal

Subdivision Name: None

Interior

Living Area: 9454
Living Area Source: Public Records
Basement YN: No
Basement SqFt: 0

More Information

Parking Information

Garage YN: No
Carport YN: No
Parking Total: 18

Building

New Construction YN: No
Year Built: 1967
Stories Total: 2
Accessibility Features YN: No

Lot

Lot Size Acres: 0.7
Lot Size Square Feet: 30492
Lot Size Dimensions: 101 x 291
Pool Private YN: No
Waterfront YN: No
Water Body Access YN: No

Remarks

Public Historical Remarks: Equipment: Range Oven, Occupied By: TENANT
Public Remarks: Great investment opportunity! This 11-unit apartment building is positioned along Secor Rd just north of Laskey Rd., offering excellent visibility and easy access to shopping, dining, The University of Toledo and major highways. The property features 2 bed 1 bath units, all with Central Air Conditioning. Tenants enjoy ample off street parking and convenient proximity to schools, hospitals and major employment centers. The exteriors are all brick, with newer roofs, and vinyl replacement windows. All units are 2 Bedroom townhouse style apartments with 1 bathroom.
Interior/Exterior - Video/Audio Equipment: No

Income and Expenses

Gross Scheduled Income: 100773
Net Operating Income: 54186
Operating Expense: 46587
Total Actual Rent: 8890

Unit Details

Number Of Units Leased: 9

Unit One

Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
SqFt per Unit: 859
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 8890
Number of Identical Units Leased: 9

Tax & Legal

School District: Washington Local
Elementary/Primary School: Other
Junior High School: Other
Middle School: Other
High School: Whitmer
6 Months General Tax: 7855.86
6 Months Special Assessment Tax: 218
6 Months Total Tax: 8073.86
Tax Year: 2025
Auction YN: No

Association/Community

Number Of Buildings: 1
Number Of Units Total: 11

Appliances

Refrigerator: Yes
Water Heater: Yes

Construction Materials

Aluminum Siding: Yes
Brick: Yes
Steel Siding: Yes

Cooling

None: Yes

Disclosures

Lead Based Paint Disclosure: Yes

Electric

Circuit Breakers: Yes

Flooring

Carpet: Yes

Foundation Details

Crawl Space: Yes

Heating

Forced Air: Yes
Natural Gas: 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

Sewer

Sanitary Sewer: Yes

Water Heater

Gas: Yes

Water Source

Public: Yes

Lease Term Options

Month To Month: Yes
3 Months: Yes
12 Months: Yes

Owner Pays

Insurance: Yes
Lawn Care: Yes
Sewer: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Tenant Pays

Electricity: Yes
Gas: Yes

Contingencies

Financing: Yes

Property Features

Appliances: Refrigerator; Water Heater Construction Materials: Aluminum Siding; Brick; Steel Siding Cooling: None Disclosures: Lead Based Paint Disclosure Electric: Circuit Breakers Flooring: Carpet Foundation Details: Crawl Space Heating: Forced Air; Natural Gas Lease Term Options: Month To Month; 3 Months; 12 Months Listing Terms: Cash; Conventional Owner Pays: Insurance; Lawn Care; Sewer; Snow Removal; Taxes; Trash Collection; Water Parking Features: Asphalt; Driveway; Parking Lot Possession: Subject To Tenant Rights Roof: Shingle Sewer: Sanitary Sewer Tenant Pays: Electricity; Gas Water Heater: Gas Water Source: Public Contingencies: Financing

Listing Office: RE/MAX Preferred Associates

Last Updated: December - 02 - 2025

Broker Attribution: 419-262-6315