Immediate $2,850/mo cash flow (4/5 units occupied). 12%+ Cap Rate at asking. High-yield opportunity in a top 2026 growth market. This property is ready for a fresh set of hands to bring it back to its full potential! Schedule a showing today to see what this multi-family opportunity has to offer your investment portfolio!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 0
- Full Bathrooms: 5
Other Rooms
- Basement Features: Concrete
Heating and Cooling
- Heating Features: Forced Air
- Heating: Yes
Land Info
- Corner Lot
- Lot Size Acres: 0.1269
- Lot Size Dimensions: 42 FF
- Lot Size Square Feet: 5526
Garage and Parking
- Parking Features: On Street
- Parking Total: 7
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 5
- Bedrooms in Unit-1: 2
- Bedrooms in Unit-2: 1
- Bedrooms in Unit-3: 2
- Bedrooms in Unit-4: 1
- Bedrooms in Unit-5: 1
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 1
- Total Bathrooms in Unit-4: 1
- Total Bathrooms in Unit-5: 1
- Full Bathrooms in Unit-1: 1
- Full Bathrooms in Unit-2: 1
- Full Bathrooms in Unit-3: 1
- Full Bathrooms in Unit-4: 1
- Full Bathrooms in Unit-5: 1
- Unit-5 Description: Lower, basement unit needs restructuring.
- Unit 1 Total Actual Rent: 850
- Unit 2 Total Actual Rent: 650
- Unit 3 Total Actual Rent: 850
- Unit 4 Total Actual Rent: 500
School Information
- Elementary School: Rosa Parks
- High School: Scott
- High School District: Toledo
- School District: Toledo
Rental Info
- Number of Units Leased: 4
- Tenant Pays: Electricity, Gas
Other Property Info
- Source Listing Status: Active
- County: Lucas
- Directions: North of Central, south of Manhattan
- Tax Year: 2024
- Source Property Type: Residential Income
- Source Neighborhood: Cottage Park
- Owner Pays: Water
- Parcel Number: 03-24857
- Postal Code Plus 4: 1726
- Subdivision: Cottage Park
- Property Subtype: Apartment
Building and Construction
- Total Square Feet Living: 5526
- Year Built: 1924
- Construction Materials: Aluminum Siding
- Foundation Details: Block
- Levels: Two
- Property Age: 102
- Roof: Shingle
- Levels or Stories: Two
- Building Total Stories: 2
- Structure Type: Multi Family
Utilities
- Electric: Fuses
- Sewer: Public Sewer
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Source: Public
