Great investment opportunity! This 11-unit apartment building is positioned along Secor Rd just north of Laskey Rd., offering excellent visibility and easy access to shopping, dining, The University of Toledo and major highways. The property features 2 bed 1 bath units, all with Central Air Conditioning. Tenants enjoy ample off street parking and convenient proximity to schools, hospitals and major employment centers. The exteriors are all brick, with newer roofs, and vinyl replacement windows. All units are 2 Bedroom townhouse style apartments with 1 bathroom.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 0
- Full Bathrooms: 1
Appliances
Heating and Cooling
- Heating Features: Forced Air, Natural Gas
- Heating: Yes
Interior Features
Land Info
- Lot Size Acres: 0.7
- Lot Size Dimensions: 101 x 291
- Lot Size Square Feet: 30492
Garage and Parking
- Parking Features: Asphalt, Driveway, Parking Lot
- Parking Total: 18
Multi-Unit Info
- Number of Buildings: 1
- Number of Units: 11
- 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: 859
- Unit 1 Total Actual Rent: 8890
Rental Info
- Gross Scheduled Income: 100773
- Number of Units Leased: 9
- Tenant Pays: Electricity, Gas
School Information
- High School: Whitmer
- High School District: Washington Local
- School District: Washington Local
Other Property Info
- Source Listing Status: Active Under Contract
- County: Lucas
- Directions: On Secor Rd., just north of Laskey Rd on the East side of the road.
- Source Property Type: Residential Income
- Owner Pays: Sewer, Trash Collection, Water, Insurance, Snow Removal, Taxes, Lawn Care
- Parcel Number: 22-03001
- Township: Washington
- Property Subtype: Apartment
Commercial Info
- Net Operating Income: 54186
- Operating Expense: 46587
Utilities
- Electric: Circuit Breakers
- Sewer: Sanitary Sewer
- Water Source: Public
Building and Construction
- Year Built: 1967
- Construction Materials: Aluminum Siding, Brick, Steel Siding
- Foundation Details: Crawl Space
- Living Area Source: Public Records
- Property Age: 58
- Roof: Shingle
- Building Total Stories: 2
