5434 Glenridge Dr, Toledo, OH 43614
- $395,000
- 8
- BD
- 4,413
- SqFt
- List Price
- $395,000
- MLS#
- 10012795
- Property Type
- Multifamily
- Bedrooms
- 8
- Sqft. of Residence
- 4,413
- Lot Size
- 11,600
- Status
- PENDING
- County
- Lucas
- Acres
- 0.27
- Year Built
- 1974
Property Description
Excellent investment opportunity in a desirable South Toledo location! This well-maintained 4 unit-property features spacious 2-bedroom, 1.5- bath units along with five 1-car garages. Property shows true pride of ownership with the exterior painted in 2025 and the front portion of the building roof replaced in 2025. Long-term tenants are currently on month-to-month leases, providing flexibility for a new owner. Current rents are below market, with market rents estimated at approximately $1,200 per unit, offering significant upside potential. A great opportunity for an investor looking for a quality multifamily property with strong income-growth potential.
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Additional Information
- Acres
- 0.27
- Cooling
- Central Air
- Elementary School
- Glendale - Feilbach
- Foundation
- Crawl Space
- Garage Spaces
- 5
- Heating
- Central, Natural Gas
- High School
- Bowsher
- Living Area
- 4,413
- Possession
- Subject To Tenant Rights
- Roof
- Shingle
- School District
- Toledo
- Sewer
- Public Sewer, Sewer
- Subdivision
- Hawthorne Hills
- Terms
- Cash, Conventional
- Utilities
- Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Available
- Water
- Public
- Year Built
- 1974
Mortgage Calculator
Listing courtesy of Listing Agent: Bruce A. Smenner (bruce@danberry.com) from Listing Office: The Danberry Co..