501 Clark St, Toledo, OH 43605
- $200,000
- 8
- BD
- 5,284
- SqFt
- List Price
- $200,000
- MLS#
- 10010911
- Property Type
- Multifamily
- Bedrooms
- 8
- Sqft. of Residence
- 5,284
- Lot Size
- 6,000
- Status
- ACTIVE
- County
- Lucas
- Acres
- 0.14
- Year Built
- 1916
Property Description
Large four-unit investment opportunity! Current rents are $800/month, $750/month, and $700/month, generating $2,250/month in gross rental income(one unit is vacant). A solid performing asset with long-term investment potential. Also available as part of a 20-door multifamily portfolio offered at $865,000 with a projected 13.9% pro forma cap rate. Properties may be purchased individually or as a complete package.
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Additional Information
- Acres
- 0.14
- Cooling
- None
- Elementary School
- Navarre
- Foundation
- Block
- Heating
- Forced Air, Natural Gas
- High School
- Waite
- Living Area
- 5,284
- Possession
- Close Of Escrow, Subject To Tenant Rights
- Roof
- Shingle, Other
- School District
- Toledo
- Sewer
- Public Sewer
- Subdivision
- Clark St Addn.
- Terms
- Cash, Conventional
- Utilities
- Electricity Available, Natural Gas Available, Sewer Connected, Water Available
- Water
- Public
- Year Built
- 1916
Mortgage Calculator
Listing courtesy of Listing Agent: Raliat Williams (raliat.realtor@gmail.com) from Listing Office: Serenity Realty LLC.