Cash-flowing property w/ ZERO real estate TAXES. This mix-use investment property offers a unique opportunity with 3 commercial units and 9 residential units. Take advantage of the CRA tax abatement granted to this property and let the absence of real estate taxes significantly boost your net income, enhancing the property's overall return on investment. Conveniently located next to all major highways, ProMedica Toledo Hospital, Jeep Assembly Plant, Dana Toledo, Driveline and much more. 3-car & 2-car garage w/ additional lot provide for ample amount of parking. Two parcels included in sale.
Sold for $585,000 on 10/01/24
$585,000
1125 W Sylvania Ave, Toledo, OH 43612
2beds
1baths
13,792sqft
Multi Family, Apartment
Built in 1927
-- sqft lot
$402,100 Zestimate®
$42/sqft
$750 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 02, 2024 at 05:42am
Listed by:
Arman Singh (567)277-2402,
Key Realty LTD
Bought with:
Arman Singh, 2021008393
Key Realty LTD
Source: NORIS,MLS#: 6115316Originating MLS: Toledo
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Hot Water, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater, Oven, Range, Refrigerator
Features
- None
- Basement: Full
Interior area
- Total interior livable area: 13,792 sqft
Property
Parking
- Total spaces: 13
- Parking features: Detached, Garage, Parking Lot, Shared Driveway
- Has garage: Yes
- Details: Detached, Garage, Parking Lot
Features
- Stories: 3
Lot
- Size: 8,324 sqft
- Dimensions: 8,323
- Features: Corner Lot
Details
- Parcel number: 0409761
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick
- Foundation: Basement
- Roof: Flat
Condition
- Year built: 1927
Utilities & green energy
- Sewer: Sanitary
- Water: Public
Community & neighborhood
Location
- Region: Toledo
- Subdivision: Weissenberger Add
HOA & financial
Other financial information
- Total actual rent: 8200
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Other
Services availability
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