Discover an excellent, stabilized income-producing property in Washington Local with major capital improvements and solid resident occupancy-ideal for an investor seeking a well-maintained multi-family addition to their portfolio. Recent updates include a new roof and gutters, all new windows, new central air-conditioning units, and updated electrical panels. This building has been completely revitalized with new residents and solid management in place. Located near local shopping, schools, public transit, and major routes, this property offers both stability and long-term appreciation potential. Whether you're a seasoned investor or exploring your first multi-unit purchase, this one is priced at a 7.58% Cap and ready to perform from day one.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 0
- Full Bathrooms: 2
- 1/2 Bathrooms: 2
Appliances
- Electric Range
- Refrigerator
- Water Heater
- Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement
Other Rooms
- Basement Features: Block, Full, Sump Pump
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central, Electric
- Heating: Yes
Interior Features
Land Info
- Irregular Lot
- Lot Size Acres: 0.4834
- Lot Size Dimensions: Irregular
- Lot Size Square Feet: 21057
Exterior and Lot Features
- Patio And Porch Features: Rear Patio
- Road Frontage Type: City Street
- Road Surface Type: Concrete
- Patio: Yes
Garage and Parking
- Parking Features: Asphalt, Parking Lot
- Parking Total: 12
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 6
- Bedrooms in Unit-1: 2
- Bedrooms in Unit-2: 2
- Total Bathrooms in Unit-1: 2
- Total Bathrooms in Unit-2: 2
- Full Bathrooms in Unit-1: 1
- Full Bathrooms in Unit-2: 1
- Half Bathrooms in Unit-1: 1
- Half Bathrooms in Unit-2: 1
- Unit-1 Description: Non-smoking. Original inherited resident.
- Unit-2 Description: Non-smoking. New residents since acquiring building.
- Unit-1 Furnished Description: Unfurnished
- Unit-1 Square Feet: 1286
- Unit-2 Square Feet: 1286
- Unit 1 Total Actual Rent: 850
- Unit 2 Total Actual Rent: 1000
School Information
- Elementary School: Meadowvale
- High School: Whitmer
- High School District: Washington Local
- School District: Washington Local
Rental Info
- Gross Income: 3850
- Number of Units Leased: 4
- Tenant Pays: Electricity, Gas, Sewer, Trash Collection, Water
Amenities and Community Features
- Community Features: Curbs, Street Lights, Sidewalks
Other Property Info
- Source Listing Status: Active
- County: Lucas
- Directions: N on Jackman, E on Brooke Park
- Tax Year: 2024
- Source Property Type: Residential Income
- Source Neighborhood: Brooke Park
- Owner Pays: Insurance, Snow Removal, Taxes, Lawn Care
- Parcel Number: 23-10534
- Postal Code Plus 4: 4193
- Subdivision: Brooke Park
- Property Subtype: Apartment
Utilities
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Cable Available
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source: Public
Building and Construction
- Year Built: 1975
- Construction Materials: Brick, Vinyl Siding
- Foundation Details: Block
- Levels: Two
- Property Age: 50
- Roof: Shingle
- Levels or Stories: Two
- Building Total Stories: 2
- Structure Type: Multi Family, Townhouse
Home Features
- Other Equipment: Sump Pump
- Security Features: Security System, Security Lights
