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Shaun & Megan Richardson

shaun.richardson@exprealty.com +1(419) 302-9343

Listed by Gavin Maier Serenity Realty LLC

$ 549,900

Est. payment | -/mo

16 Beds

7,400 SqFt

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$ 549,900

Est. payment | -/mo

Save Virtual Tour

16 Beds

7,400 SqFt

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 7,400 sqft

Price per Sqft $74

Subdivision Brooke Park

MLS Listing ID 10003488

Bedrooms 16

Year Built 1973

Tax Year 2024

Property Sub-Type Apartment

Source Northwest Ohio Real Estate Information Service (NORIS)

Property Description

Turnkey 8-unit apartment building with all units renovated. Major improvements include a roof approximately 10 years old, vinyl replacement windows throughout, and new balconies installed within the last 5 years. All furnaces have been replaced within the last 6 years, and 4 of the 8 hot water tanks are new, reducing near-term capital expenses. The property has currently 7 units leased with 1 vacant unit in the process of being turned. Tenants are already lined up for the vacant unit, allowing for quick stabilization. The entire building is electric, which is paid by tenants, owner pays common area electric (roughly $120/month). Fire extinguishers were inspected, serviced, or replaced in 2024. There is additional value-add potential through updating the common hallways, offering further upside. Well-maintained, stabilized asset with strong rental demand.

Location

State OH

County Lucas

Community Brooke Park

Rooms

Basement Block, Interior Entry, Partial, Sump Pump

Dining Room No

Kitchen No

Interior

Interior Features Other

Heating Forced Air

Cooling Central Air

Flooring Carpet, Luxury Vinyl, Tile

Equipment Yes

Appliance Dryer

Laundry In Basement

Exterior

Exterior Feature Balcony

Parking Features Accessible Parking, Asphalt, Parking Lot

Fence Chain Link

Community Features Curbs, Sidewalks

Utilities Available Electricity Available, Water Available

View Golf Course, Trees/Woods

Roof Type Shingle

Garage No

Building

Lot Description Cul-De-Sac, Irregular Lot, Landscaped, Near Golf Course

Story 2

Foundation Block

Sewer Public Sewer

Schools

Elementary Schools Meadowvale

Middle Schools None

High Schools Whitmer

School District Washington Local

Others

Tax ID 23-10527

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/toledo/10003488

Nearby Locations

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Shaun & Megan Richardson

REALTOR® | Lic# 2016001186 | Lic# 2024004146

shaun.richardson@exprealty.com

+1(419) 302-9343

545 Metro Pl S, Dublin, OH, 43017

1332 Brooke Park DR Toledo, OH 43612

Shaun & Megan Richardson

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

1332 Brooke Park DR