428 Machen St, Toledo, OH 43620

$249,000
6
BD
7,808
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$249,000
MLS#
10015089
Property Type
Multifamily
Bedrooms
6
Sqft. of Residence
7,808
Lot Size
8,949
Status
ACTIVE
County
Lucas
Acres
0.21
Year Built
1917

Property Description

Six-unit investment opportunity at 428 Machen! Four units are occupied with scheduled monthly rents totaling $2,550, and two vacant units offer the opportunity to increase rental income. Recent improvements to the vacant units provide a starting point for the next owner. Each unit has separate gas and electric meters. Owner pays water/sewer, trash removal, and common-area electricity. Basement laundry equipment offers potential additional income. A mix of lease terms and month-to-month tenancies provides flexibility. Rent roll and expense information available for review. Showings begin with the vacant units; occupied-unit access can be arranged once an offer is received. Please do not disturb tenants.

Additional Information

Acres
0.21
Cooling
Other
Elementary School
Glenwood
Foundation
Other
Heating
Forced Air
High School
Scott
Living Area
7,808
Lot Dimensions
50X179
Parking Spaces
6
Possession
Close Of Escrow
Roof
Shingle
School District
Toledo
Sewer
Public Sewer
Subdivision
Machen Sub Addn.
Terms
Cash
Utilities
Electricity Available, Natural Gas Available, Sewer Connected
Water
Public
Year Built
1917

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Sarah Jurkiewicz (sarah@jbowencompany.com) from Listing Office: J Bowen & Company.