428 Machen St, Toledo, OH 43620

$249,000
6
BD
7,808
SqFt

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List Price
$249,000
Status
ACTIVE
Days on Market
11
MLS#
10015089
Subtype
Residential Income
Year Built
1917
Bedrooms
6
Living Area
7,808
Lot Size
8,949
Acres
0.21
Subdivision
Machen Sub Addn.

Property Description

Fully occupied six-unit investment opportunity generating $3,995 in scheduled monthly rent—$47,940 annually—with additional income potential from basement laundry equipment! Two recently improved units now have signed leases, and the owner reports three tenants participating in rental assistance programs. Each unit has separate gas and electric meters; owner pays water/sewer, trash removal and common-area electricity. A mix of lease terms and month-to-month tenancies offers flexibility for future planning. Updated rent roll and expense information available for review. All six units are occupied; showings by appointment with advance coordination. Please do not disturb tenants.

Additional Information

Interior Features
Other
Flooring
Carpet, Vinyl, Hardwood, Plank
Appliances
Electric Range, Refrigerator
Heating
Forced Air
Air Conditioning
Other
Levels
Three Or More
Roof
Shingle
Foundation
Other
Parking Features
Off Street, On Street, Parking Lot, Additional Parking, Driveway
School District
Toledo
Elementary School
Glenwood
High School
Scott

Listing courtesy of Listing Agent: Sarah Jurkiewicz (sarah@jbowencompany.com) from Listing Office: J Bowen & Company.

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