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(419) 740-3225
Harmony Realty Group
1711 Brownstone Blvd, Toledo, OH 43614
- $414,000
- 8
- BD
- 5,120
- SqFt
- List Price
- $414,000
- Status
- ACTIVE
- Days on Market
- 8
- MLS#
- 10015604
- Subtype
- Residential Income
- Year Built
- 1973
- Bedrooms
- 8
- Living Area
- 5,120
- Lot Size
- 10,008
- Acres
- 0.23
- Subdivision
- Hawthorne Hills
Property Description
Investor opportunity in South Toledo! This well-maintained, locally owned four-unit property is 100% occupied, generating $4,700 in monthly rental income ($56,400 annually), with all tenants currently on month-to-month leases. One unit has been fully renovated, and each unit offers 2 bedrooms, 1 bathroom, and a designated garage parking space in the detached garage. All units come equipped with a refrigerator, stove/oven, microwave, and dishwasher; all appliances are included in the sale. Shared laundry facilities and additional storage are located in the basement. Tenants pay their own gas and electric utilities, while owner-paid expenses include water averaging $350/month, common-area electric averaging $85/month, and annual lawn care maintenance of approximately $600. Conveniently located near Amazon's South Reynolds Road facility, restaurants, shopping, everyday amenities, and offers easy access to the Ohio Turnpike. This is a solid addition to an investment portfolio with established rental income and flexible month-to-month lease terms. Note: This building can be sold as a package deal with its neighboring building at 1701 Brownstone. Seller states to bring all offers!
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Additional Information
- Interior Features
- Entrance Foyer, Storage, Wide Interior Halls and Doors
- Exterior Features
- Balcony
- Flooring
- Carpet, Vinyl, Combination, Laminate, Linoleum
- Appliances
- Dishwasher, Microwave, Water Heater, Dryer, Electric Oven, Electric Range, Refrigerator
- Heating
- Baseboard, Forced Air
- Air Conditioning
- Central Air, Window/Wall, Window/Wall
- Roof
- Shingle
- Foundation
- Block
- Parking Features
- Assigned, On Street, Paved, Additional Parking, Detached Garage, Driveway, Guest
- Garage Spaces
- 4
- School District
- Toledo
- Elementary School
- Glendale - Feilbach
- High School
- Bowsher
Listing courtesy of Listing Agent: Bailey Cousino (baileycousino@danberry.com) from Listing Office: The Danberry Co.