501 Clark St, Toledo, OH 43605
- $200,000
- 8
- BD
- 5,284
- SqFt
- List Price
- $200,000
- Status
- ACTIVE
- Days on Market
- 5
- MLS#
- 10010911
- Subtype
- Residential Income
- Year Built
- 1916
- Bedrooms
- 8
- Living Area
- 5,284
- Lot Size
- 6,000
- Acres
- 0.14
- Subdivision
- Clark St Addn.
Property Description
Large four-unit investment opportunity! Current rents are $750/month, $700/month, and $700/month, generating $2,150/month in gross rental income(one unit is vacant). A solid performing asset with long-term investment potential. Also available as part of a 20-door multifamily portfolio offered at $865,000 with a projected 13.9% pro forma cap rate. Properties may be purchased individually or as a complete package.
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Additional Information
- Interior Features
- Other
- Flooring
- Carpet, Wood
- Appliances
- Electric Range, Refrigerator
- Heating
- Forced Air, Natural Gas
- Air Conditioning
- None
- Roof
- Shingle, Other
- Foundation
- Block
- Parking Features
- On Street
- School District
- Toledo
- Elementary School
- Navarre
- High School
- Waite
Listing courtesy of Listing Agent: Raliat Williams (raliat.realtor@gmail.com) from Listing Office: Serenity Realty LLC.