Fully occupied and cash-flowing, 1,758 sq. ft. TURNKEY Triplex, generating $1,875/month. Upper unit fully renovated in 2025, lower units have partial updates [flooring, kitchens, and bathrooms] offer value-add potential. The main roof over the upper unit replaced in Summer 2024. Three separate electric meters; electric heating. Two of the three tenants pay 33% of the water bill, Third long-term tenant exempt. Work to be done: 1/2 of exterior siding, porch roof. Low overhead investment offers immediate income, stable tenancy, and long-term upside-perfect for both new and seasoned investors.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 0
- Full Bathrooms: 3
Appliances
Other Rooms
- Basement Features: Partial
Heating and Cooling
- Heating Features: Electric, Radiant
- Heating: Yes
Land Info
- Lot Size Acres: 0.075
- Lot Size Dimensions: 3,267
- Lot Size Square Feet: 3267
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 3
- Bedrooms in Unit-1: 1
- Bedrooms in Unit-2: 1
- Bedrooms in Unit-3: 1
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 1
- Full Bathrooms in Unit-1: 1
- Full Bathrooms in Unit-2: 1
- Full Bathrooms in Unit-3: 1
- Half Bathrooms in Unit-1: 0
- Half Bathrooms in Unit-2: 0
- Half Bathrooms in Unit-3: 0
- Unit-1 Description: Unit 1
- Unit-2 Description: Unit 2
- Unit-3 Description: Unit 3
- Unit-1 Furnished Description: Unfurnished
- Unit 1 Total Actual Rent: 650
- Unit 2 Total Actual Rent: 575
- Unit 3 Total Actual Rent: 650
School Information
- Elementary School: Navarre
- High School: Waite
- High School District: Toledo
- School District: Toledo
Rental Info
- Tenant Pays: Electricity, Snow Removal, Lawn Care
Other Property Info
- Source Listing Status: Active
- County: Lucas
- Directions: Cherry Street Across the Martin Luther King Bridge left on 4th Street, 1st left onto Euclid Street. 1 block to Right on 5th Street.
- Tax Year: 2024
- Source Property Type: Residential Income
- Owner Pays: Exterior Maintenance, Repairs, Sewer, Trash Collection
- Parcel Number: 17-02275
- Postal Code Plus 4: 2182
- Property Subtype: Apartment
Building and Construction
- Year Built: 1879
- Construction Materials: Aluminum Siding, Wood Siding, Steel Siding
- Living Area Source: Public Records
- New Construction: Yes
- Property Age: 146
- Roof: Shingle
- Building Total Stories: 2
Utilities
- Sewer: Sanitary Sewer
- Water Source: Public
