4201 Burnham Ave, Toledo, OH 43612

$159,900
4
BD
2,008
SqFt

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List Price
$159,900
Price Change
▼ $10,000 1784244371
MLS#
10006538
Property Type
Multifamily
Bedrooms
4
Sqft. of Residence
2,008
Lot Size
4,800
Status
ACTIVE
County
Lucas
Acres
0.11
Year Built
1912

Property Description

Don't miss this cash-flowing four-unit property located in the heart of 43612. This well-performing asset features a desirable unit mix of two 2-bedroom units, one 1-bedroom unit, and one studio, offering flexibility and strong rental demand. The property is currently generating $2,750/month in rental income, with an increase to $2,790/month pending a signed renewal, providing immediate upside. All tenants have demonstrated an excellent payment history, contributing to stable and reliable income. Owner currently covers electric, gas, and water. Whether you're looking to expand your portfolio or secure a solid, income-producing asset, this property offers consistent performance with room for growth.

Additional Information

Acres
0.11
Cooling
None
Elementary School
Whittier
Foundation
Block
Heating
Boiler
High School
Start
Living Area
2,008
Parking Spaces
2
Possession
Close Of Escrow
Roof
Shingle
School District
Toledo
Sewer
Sewer
Subdivision
Baileys
Terms
Cash, Conventional
Utilities
Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Water
Public
Year Built
1912

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Mariah Hopings (mariah.hopings@laplanterealestate.com) from Listing Office: LaPlante Real Estate, LLC.