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Kimberly Surovchak
Cell: (419) 466-5148
Cell: (419) 466-5148
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: 3
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: Kimberly Surovchak
Agent Phone: Cell: (419) 466-5148
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 InsuranceChange Payment Information
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Agency License Information: 1-877-539-7589 | Ohio Lic# REC.2010002888 6800 W Central Ave #B, Toledo, OH 43617 | Michigan Lic# 6505366134 8040 Summerfield Rd, Lambertville, MI 48144 | Indiana Lic# RC52400106 3029 W Smith Valley Rd #211, Greenwood, IN 46142 | West Virginia LIC# 010306 Erin Rickman, Broker. 410 Market St #3, Parkersburg, WV, 26101 | Colorado LIC# EC.100108419 603 Rood Ave, Grand Junction, CO 81501 | Nevada LIC# B.0146350.LLC 9190 Double Diamond Pwky, Reno, NV 89521 | Florida LIC# CQ1073507 16638 Mooner Plank Cir, Wimauma, FL 33598
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.kimberlygetsresults.com today.