BEDS3
BATHS
SQUARE FEET2,688
MLS#10005829
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONYondota
SCHOOLToledo
Property Description
Strong, cash-flowing triplex that performs from day one. This property features three layouts including a 3 bed / 1 bath first-floor unit (1,344 sq ft), along with two second-floor units consisting of a 2 bed / 1 bath and a 1 bed / 1 bath-appealing to a wide range of tenants. Currently generating $2,447/month in rental income, this is a fully operational asset priced to deliver a 12%+ cap rate and a 1.8% price-to-rent ratio. The numbers already make sense as-is, offering immediate return without the need for heavy lifting. Recent updates include newer vinyl windows, updated furnaces and hot water heaters, and glass block basement windows for added durability and reduced maintenance. All units include appliances that stay. A clean, stabilized investment with strong in-place returns and additional upside for those looking to optimize-this is the type of property that works now and gets better over time.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Heating: Forced Air, Natural Gas
Lot Size: 0.11 Acres
Roof Type: Asphalt
Stories: 2.0
Year Built: 1906
Amenities
Other
Feature Descriptions
Appliances: Electric Range, Refrigerator
Days on Site: 1
Exterior: Brick, Wood Siding
Flooring: Carpet, Luxury Vinyl, Hardwood
Laundry: Electric Dryer Hookup, Washer Hookup
Lot: Other
Lot Dimensions: 40x120
Parcel#: 17-02367
Parking: Concrete, Driveway
Parking Notes: Concrete, Driveway
Pets Allowed: Negotiable
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water: Public
Local Schools
High School: Waite
Middle School: None
Elementary School: East Broadway
School District: Toledo
Listed By / Shown By
Listed By
Agency Name: W & R Property Management
Agency Phone: 419-491-2367
Shown By
Agent Name: Patty Atkins
Agent Phone: (419) 464-6365
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 793.94 per month $754.59 Principal & Interest $0.00 Property Tax (data not provided by mls) $39.35 Homeowner's Insurance
440 5th Street | MLS# 10005829
This multi-family property located at 440 5th Street, Toledo, OH 43605 is currently listed for sale with an asking price of $134,900. 5th Street is located within the Toledo school district. Search Toledo real estate on www.pattyatkins.com today.