1621 Brooke Park Drive, Toledo, OH 43612

$495,500

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List Price
$495,500
Status
ACTIVE
Days on Market
3
MLS#
5242440
Subtype
Commercial Sale
Year Built
1971
Acres
0.49
Subdivision
Brooke Park 01
Neighborhood
Brooke Park 01
MLS Area Major
Toledo

Property Description

Almost Fully Occupied, one vacant unit! This property is an 8-unit, C-class, multifamily investment opportunity in Toledo. The property provides immediate cash flow with all t units, except one, currently leased, leases in hand, and scheduled rents totaling approximately $5,420 per month. Full-year 2025 owner statements are available for qualified buyers to review, There is currently in place a professional property management company. A straightforward addition to an existing rental portfolio, this property offers stable occupancy and an opportunity to increase rental income through future tenant turnover and rent adjustments. Serious inquiries welcome. Buyer to independently verify all property, financial, lease, zoning, and operating information. Please provide DSCR or Conventional/Cash pathway to show. No creative no assignable.

Additional Information

Taxes
$8,900
Zoning
Commercial
Heating
Electric
Roof
Asphalt, Fiberglass
Parking Features
Parking Lot
School District
Washington LSD - 4808

Listing Courtesy of: Gypsy Smolsky, gypsy.realohio@gmail.com With Real of Ohio

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