451 5th ST, Toledo, OH 43605
451 5th ST, Toledo, OH 43605
451 5th ST, Toledo, OH 43605
7
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Listed by Keyana Sade Grace Howard Hanna
$85,900
Est. payment /mo
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3 Beds
1,758 SqFt
Active

451 5th ST Toledo, OH 43605

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Mainstream Realty Pros

Mainstream Realty Pros

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Key Details

Property Type Residential Income

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 1,758 sqft

Price per Sqft $48

MLS Listing ID 6135976

Bedrooms 3

Year Built 1879

Tax Year 2024

Lot Size 3,267 Sqft

Lot Dimensions 0.08

Property Sub-Type Apartment

Source Northwest Ohio Real Estate Information Service (NORIS)

Property Description

Cash buyers only! Value-add triplex with strong upside potential. Unit #3 is fully renovated (2025) and leased at $550/month expires April 2027. The two lower units are vacant, partially updated, and require a light-to-moderate turn. Projected stabilized gross rent of approximately $1,700/month when fully occupied. Main roof over the upper unit replaced in Summer 2024. Separately metered electric (tenant-paid); water is shared among tenants (33% each). Remaining value-add work includes completing approximately half of the exterior siding, porch repairs, and turning the lower units.

Location

State OH

County Lucas

Area 0.08

Direction Cherry Street Across the Martin Luther King Bridge left on 4th Street, 1st left onto Euclid Street. 1 block to Right on 5th Street.

Rooms

Basement Partial

Dining Room No

Kitchen No

Interior

Heating Electric, Radiant

Cooling None

Flooring Other

Equipment Yes

Appliance Refrigerator

Exterior

Parking Features None

Roof Type Shingle

Garage No

Building

Story 2

Sewer Sanitary Sewer

Level or Stories One

Schools

Elementary Schools Navarre

Middle Schools None

High Schools Waite

School District Toledo

Others

Tax ID 17-02275

Acceptable Financing Cash

Listing Terms Cash

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Mainstream Realty Pros

Mainstream Realty Pros

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