Discover a lucrative investment opportunity in the desirable Washington Local School District! This four-unit complex features all leased units on month-to-month agreements, providing flexibility for new owners to renegotiate leases or welcome new tenants. Each unit is well-maintained, ensuring a hassle-free transition for future management. With a strong rental demand in the area, don't miss your chance to capitalize on this income-generating property. Act fast and take advantage of this excellent investment potential.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 0
- Full Bathrooms: 1
Appliances
- Refrigerator
- Water Heater
- Electric Range Connection
Heating and Cooling
- Cooling Features: Window Unit(s)
- Heating Features: Electric, Radiant
- Heating: Yes
Interior Features
Exterior and Lot Features
Land Info
- Lot Size Acres: 0.1213
- Lot Size Dimensions: 5,285
- Lot Size Square Feet: 5284
Garage and Parking
- Parking Features: Asphalt, Assigned, Driveway
- Parking Total: 4
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 4
- Bedrooms in Unit-1: 1
- Total Bathrooms in Unit-1: 1
- Full Bathrooms in Unit-1: 1
- Half Bathrooms in Unit-1: 0
- Unit-1 Description: lower
- Unit-2 Description: lower
- Unit-3 Description: upper
- Unit-4 Description: upper
- Unit-1 Furnished Description: Unfurnished
- Unit 1 Total Actual Rent: 350
- Unit 2 Total Actual Rent: 340
- Unit 3 Total Actual Rent: 250
- Unit 4 Total Actual Rent: 350
School Information
- Elementary School: Hiawatha
- High School: Whitmer
- High School District: Washington Local
- School District: Washington Local
Rental Info
- Number of Units Leased: 4
- Tenant Pays: Electricity
Other Property Info
- Source Listing Status: Active
- County: Lucas
- Directions: 475 to Alexis Rd exit to E on Alexis to property. Between Secor and Rambo.
- Tax Year: 2025
- Source Property Type: Residential Income
- Source Neighborhood: Murnen Place
- Owner Pays: Sewer, Water, Taxes
- Parcel Number: 23-42697
- Subdivision: Murnen Place
- Property Subtype: Apartment
Utilities
- Electric: Circuit Breakers
- Sewer: Sanitary Sewer
- Cable Connected
- Water Source: Public
Building and Construction
- Year Built: 1969
- Construction Materials: Vinyl Siding
- Foundation Details: Crawl Space
- Levels: Two
- Living Area Source: Public Records
- Property Age: 56
- Roof: Shingle
- Levels or Stories: Two
- Building Total Stories: 2
- Structure Type: Multi Family
