, Toledo, OH 43613 (MLS# 6078654)

Toledo, OH 43613

$800,000

Virtual Tour

https://www.propertypanorama.com/instaview/toledo/6078654

Property Type: Residential Income Square Footage: 13,294 Lot Size (sq. ft.): 33,846 Status: Closed

Current Price: $800,000 List Date: 10/13/2021 Last Modified: 10/14/2025

Overview

Description

24 units in West Toledo. 100% occupied. The building consists of 14 - 2 bedroom units and 10 - offices. Tenant pays their own electric in the apartments. Office's utilities are included in rent. Property is in Washington Local Schools.

Listing Details MLS# 6078654

Listing Information

Property Sub Type: Apartment

Status Change Information

Status Change Timestamp: 2022-02-14
Purchase Contract Date: 2022-02-14
Close Date: 2022-02-14
Close Price: 800000
Buyer Financing: Conventional

Address

County: Lucas
State: OH
Postal Code: 43613
Postal Code +4: 3573
Directions: Lasky just East of Douglas
Parcel Number: 22-31394

Contract

Named Exceptions YN: No
Original List Price: 950000
Listing Contract Date: 2021-10-13
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
List Price/SqFt: 60.18
Sold Price/SqFt: 60.18

Tax Legal

Subdivision Name: Collinsdale

Interior

Living Area: 13294
Basement YN: Yes
Basement SqFt: 0

More Information

Parking Information

Carport YN: No
Parking Total: 0

Building

Year Built: 1968
Stories Total: 2

Lot

Lot Size Acres: 0.777
Lot Size Square Feet: 33846
Lot Size Dimensions: 33,847

Remarks

Public Historical Remarks: Owner Expense: Heat, Tenant Expense: Heat, Cable/Satellite, Lease Information: Leased, Equipment: Alarm, Range Oven, Occupied By: TENANT
Public Remarks: 24 units in West Toledo. 100% occupied. The building consists of 14 - 2 bedroom units and 10 - offices. Tenant pays their own electric in the apartments. Office's utilities are included in rent. Property is in Washington Local Schools.

Income and Expenses

Gross Scheduled Income: 149340
Net Operating Income: 93927
Operating Expense: 55413
Total Actual Rent: 12445

Unit Details

Number Of Units Leased: 24

Unit One

Unit Type Description: Unit 1
SqFt per Unit: 350
Appliances Included: No
Furnished: Unfurnished
Unit Type Actual Rent: 4000
Number of Identical Units Leased: 10

Unit Two

Unit Type Description: Unit 2
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
SqFt per Unit: 650
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 1950
Number of Identical Units Leased: 3

Unit Three

Unit Type Description: Unit 3
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
SqFt per Unit: 650
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 620
Number of Identical Units Leased: Yes

Unit Four

Unit Type Description: Unit 4
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
SqFt per Unit: 650
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 3000
Number of Identical Units Leased: 5

Unit Five

Unit Type Description: Unit 5
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
SqFt per Unit: 575
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 2875
Number of Identical Units Leased: 5

Showing Information

Showing Instructions: Thru Listor

Tax & Legal

School District: Washington Local
High School: Whitmer
6 Months General Tax: 7047
6 Months Special Assessment Tax: 215
6 Months Total Tax: 7262
Auction YN: No

Association/Community

Number Of Buildings: 2
Number Of Units Total: 24

Appliances

Refrigerator: Yes
Water Heater: Yes

Basement

Partial: Yes

Construction Materials

Brick: Yes

Cooling

Central Air: Yes
Wall Unit(s): Yes

Disclosures

Lead Based Paint Disclosure: Yes

Heating

Electric: Yes
Natural Gas: Yes
Radiant: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Irregular Lot: Yes

Parking Features

Asphalt: Yes
Driveway: Yes
Parking Lot: 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

Lease Term Options

Month To Month: Yes

Owner Pays

Electricity: Yes
Gas: Yes
Sewer: Yes
Snow Removal: Yes
Taxes: Yes
Water: Yes

Tenant Pays

Electricity: Yes

Property Features

Appliances: Refrigerator; Water Heater Basement: Partial Construction Materials: Brick Cooling: Central Air; Wall Unit(s) Disclosures: Lead Based Paint Disclosure Heating: Electric; Natural Gas; Radiant Lease Term Options: Month To Month Listing Terms: Cash; Conventional Lot Features: Irregular Lot Owner Pays: Electricity; Gas; Sewer; Snow Removal; Taxes; Water Parking Features: Asphalt; Driveway; Parking Lot 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: Key Realty LTD

Last Updated: October - 14 - 2025