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5537 Glenridge Dr

6 Unit Apartment Building $480,000 ($80,000/Unit) Toledo, OH 43614

Investment Highlights

  • Great South Toledo location in a quiet neighborhood.
  • Tenants have access to a carport.
  • Landlord pays water, tenants are responsible for separate utilities (gas and electric).
  • Easy access to Reynolds Road, Heatherdowns Blvd., and Ohio Turnpike.

Executive Summary

Fully leased 6-unit Multifamily property

Property Facts

Price $480,000
Price Per Unit $80,000
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.48 AC
Building Size 6,318 SF
Average Occupancy 100%
No. Stories 3
Year Built 1986
Parking Ratio 2/1,000 SF

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 - 1,000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-70591
Land Assessment
$3,780
Improvements Assessment
$85,120
Total Assessment
$88,900

zoning

Zoning Code RM, Toledo (Residential zoning including small multifamily)
RM, Toledo (Residential zoning including small multifamily)
  • Listing ID: 34019826

  • Date on Market: 11/27/2024

  • Last Updated:

  • Address: 5537 Glenridge Dr, Toledo, OH 43614

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