MULTI-FAMILY AUCTION! Online Only. Min Bid $100,000. Bidding ends on Dec. 18th at 4pm EST. The auction has started. An exceptional multi-family investment opportunity! This rare auction features five professionally managed apartment buildings, each offering 8 units for a total of 40 units in one convenient West Toledo location. These properties have a strong 93% occupancy rate (37 of 40 units currently rented) and are highly sought-after by investors seeking stable income and portfolio growth. Due Diligence available upon request. Each building ranges from 6,000 to 7,000 square feet, featuring a mix of 1- and 2-bedroom units sized from approximately 620+/- to 870+/- square feet. Many units have been remodeled, adding to their long-term appeal and rentability.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 0
- Full Bathrooms: 1
Interior Features
- Eat-in Kitchen
- Flooring: Carpet, Laminate
Appliances
- Electric Cooktop
- Electric Oven
- Electric Range
- Refrigerator
- Laundry Features: Accessible Utilities or Laundry, Coin Laundry
Heating and Cooling
- Cooling Features: Window Unit(s)
- Heating Features: Baseboard, Electric
- Heating: Yes
Exterior and Lot Features
- Lighting
- Road Frontage Type: City Street
- Road Surface Type: Asphalt
Land Info
- Level
- Lot Size Acres: 0.4678
- Lot Size Dimensions: 100 x 207
- Lot Size Square Feet: 20377
Garage and Parking
- Parking Features: Asphalt, Parking Lot
- Parking Total: 12
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 8
- Bedrooms in Unit-1: 2
- Total Bathrooms in Unit-1: 1
- Full Bathrooms in Unit-1: 1
- Half Bathrooms in Unit-1: 0
- Unit-1 Furnished Description: Unfurnished
- Unit-1 Square Feet: 870
- Unit 1 Total Actual Rent: 800
School Information
- Elementary School: Meadowvale
- High School: Whitmer
- High School District: Washington Local
- School District: Washington Local
Rental Info
- Number of Units Leased: 7
- Tenant Pays: Cable TV, Electricity, Internet
- Security Deposit: 6325
Amenities and Community Features
- Community Features: Curbs, Sidewalks
Other Property Info
- Source Listing Status: Active
- County: Lucas
- Directions: Located off of Jackman near Old State Line Rd
- Tax Year: 2024
- Source Property Type: Residential Income
- Source Neighborhood: Brooke Park
- Owner Pays: Repairs, Sewer, Water, Insurance, Management, Snow Removal, Taxes, Lawn Care
- Parcel Number: 23-10347
- Postal Code Plus 4: 4165
- Subdivision: Brooke Park
- Zoning: 401 : C
- Property Subtype: Apartment
Utilities
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Cable Connected
- Electricity Connected
- Sewer Connected
- Water Connected
- Internet Connected
- Water Source: Public
Building and Construction
- Year Built: 1971
- Construction Materials: Brick, Vinyl Siding
- Foundation Details: Crawl Space
- Levels: Two
- Living Area Source: Public Records
- Property Age: 54
- Roof: Shingle
- Levels or Stories: Two
- Building Total Stories: 2
- Structure Type: Multi Family
