MIXED USE BUILDING! Located in West Central Toledo, Easy access to interstate 75, University of Toledo and major Shopping, 13,672 SF. 3 story built in 1924, Offers 4 commercial units on the 1st floor, 13 apartments on the 2nd and 3rd floor, one efficiency, 9 one bedroom 1 bath, and two 3 bedrooms 1 bath. Commercial spaces have been anchored by a Pawn Shop, Jackson Hewitt for over 10 years. Area with good traffic flow for the Commercial use of the building, heavy residential for Tenants. Total rent collected monthly is $6604.00 good potential for an upside around $9300 a month
Sold for $450,000 on 11/29/23
$450,000
1393 W Sylvania Ave, Toledo, OH 43612
--beds
0baths
18,472sqft
MultiFamily
Built in 1924
-- sqft lot
$618,700 Zestimate®
$24/sqft
$859 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Oil
Cooling
- Other
Appliances
- Included: Range / Oven, Refrigerator
Features
- Basement: Partial
Interior area
- Structure area source: Public Records
- Total interior livable area: 18,472 sqft
Property
Parking
- Total spaces: 20
Features
- Exterior features: Stone, Stucco
Lot
- Size: 8,372 sqft
- Features: Corner Lot
Details
- Parcel number: 0737944
- Zoning description: 10-CR
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1924
Utilities & green energy
- Water: Public
- Utilities for property: Sanitary
Community & neighborhood
Location
- Region: Toledo
HOA & financial
Other financial information
- Total actual rent: 3677
Other
Other facts
- WaterSource: Public
- Appliances: Refrigerator, Electric Water Heater, Range
- HeatingYN: true
- CoolingYN: true
- Roof: Flat
- Basement: Partial
- ConstructionMaterials: Stone, Stucco
- NumberOfUnitsTotal: 5
- LotFeatures: Corner Lot
- OwnerPays: Insurance, Maintenance, Lawn
- NumberOfBuildings: 1
- NumberOfUnitsLeased: 11
- OpenParkingYN: true
- Cooling: Other
- OperatingExpense: 24000
- Heating: Boiler, Radiator
- LeaseTerm: 12 month
- ParkingFeatures: Parking Lot
- TenantPays: Electric
- BuildingAreaSource: Public Records
- Utilities: Sanitary
- StructureType: 9-16 Apt
- ZoningDescription: 10-CR
- MlsStatus: Active
- CoListAgentEmail: alfredabed@gmail.com
- CoListAgentFullName: Fahed Alfred G Abed
- TaxAnnualAmount: 5929.0000
- TotalActualRent: 3677
- NetOperatingIncome: 87420