854 8th Street, Bowling Green, OH 43402

$505,000

Virtual Tour

https://www.propertypanorama.com/instaview/toledo/6052240

Property Type: Residential Income Square Footage: 4,694 Lot Size (sq. ft.): 392,040 Status: Closed

Current Price: $505,000 List Date: 3/30/2020 Last Modified: 10/14/2025

Overview

Description

12 unit fully leased apartment building, all non-students - 1 bed ea, $450/month. All electric building, excellent condition. Safer than the stock market! Excellent CAP rate - construction - easy to own.

Listing Details MLS# 6052240

Listing Information

Property Sub Type: Apartment

Status Change Information

Status Change Timestamp: 2020-08-25
Purchase Contract Date: 2020-07-15
Close Date: 2020-08-25
Close Price: 505000
Buyer Financing: Conventional

Address

Street Number: 854
Street Name: 8th
Street Suffix: Street
County: Wood
State: OH
Postal Code: 43402
Postal Code +4: 4200
Directions: Wooster to S College to right onto 8th.
Parcel Number: B07-511-300149001000

Contract

Named Exceptions YN: No
Original List Price: 590900
Listing Contract Date: 2020-03-30
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
List Price/SqFt: 107.58
Sold Price/SqFt: 107.58

Interior

Living Area: 4694
Living Area Source: Public Records
Basement SqFt: 0

Parking Information

Carport YN: No
Parking Total: 20

More Information

Building

Year Built: 1988
Stories Total: 2

Lot

Lot Size Acres: 9
Lot Size Square Feet: 392040
Lot Size Dimensions: 392,040

Remarks

Public Historical Remarks: Tenant Expense: Heat, Cable/Satellite, Lease Information: Leased, Miscellaneous: Common Entry,, Equipment: Alarm, Range Oven, Occupied By: TENANT
Public Remarks: 12 unit fully leased apartment building, all non-students - 1 bed ea, $450/month. All electric building, excellent condition. Safer than the stock market! Excellent CAP rate - construction - easy to own.

Income and Expenses

Total Actual Rent: 430
Net Operating Income: 0

Unit Details

Number Of Units Leased: 12

Unit One

Unit Type Beds Total: Yes
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 430
Number of Identical Units Leased: 12

Showing Information

Showing Instructions: Call Jon: 419-466-7653

Tax & Legal

School District: Bowling Green
Elementary/Primary School: Other
High School: Bowling Green
6 Months General Tax: 3566.48
6 Months Special Assessment Tax: 63.9
6 Months Total Tax: 3630.38
Auction YN: No

Association/Community

Number Of Buildings: 1
Number Of Units Total: 12

Utilities

Cable Connected: Yes

Appliances

Refrigerator: Yes
Water Heater: Yes

Construction Materials

Brick: Yes
Vinyl Siding: Yes

Cooling

Window Unit(s): Yes

Disclosures

Lead Based Paint Disclosure: Yes

Electric

Circuit Breakers: Yes

Foundation Details

Slab: Yes

Heating

Electric: Yes
Radiant: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Parking Features

Asphalt: Yes
Assigned: Yes
Driveway: Yes

Possession

Subject To Tenant Rights: Yes

Roof

Shingle: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Sanitary Sewer: Yes

Water Heater

Electric: Yes

Water Source

Public: Yes

Owner Pays

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

Tenant Pays

Electricity: Yes

Property Features

Utilities: Cable Connected; Cable Connected Appliances: Refrigerator; Water Heater Construction Materials: Brick; Vinyl Siding Cooling: Window Unit(s) Disclosures: Lead Based Paint Disclosure Electric: Circuit Breakers Foundation Details: Slab Heating: Electric; Radiant Listing Terms: Cash; Conventional Owner Pays: Exterior Maintenance; Insurance; Lawn Care; Repairs; Sewer; Snow Removal; Trash Collection; Water Parking Features: Asphalt; Assigned; Driveway Possession: Subject To Tenant Rights Roof: Shingle Security Features: Smoke Detector(s) Sewer: Sanitary Sewer Tenant Pays: Electricity Water Heater: Electric Water Source: Public

Listing Office: RE/MAX Masters

Last Updated: October - 14 - 2025

Broker Attribution: 419-466-7653