Toledo, OH 43609,440 Somerset ST
$112,390
Est. payment /mo
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3 Beds
2.5 Baths
1,680 SqFt
Active

440 Somerset ST Toledo, OH 43609

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,680 sqft

Price per Sqft $66

Subdivision Fearing Heights

MLS Listing ID 6136376

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1923

Tax Year 2025

Lot Size 6,098 Sqft

Lot Dimensions 0.14

Property Sub-Type Single Family Residence

Source Northwest Ohio Real Estate Information Service (NORIS)

Property Description

This property is being sold as part of an 82-unit portfolio. In place cap is 8.0%, pro forma cap is ~10.5%, NOI is $541K, 95.1% occupancy. Portfolio asking price is $6.76M. See attachment for list of all addresses. The 82-unit portfolio can also be acquired in one of five suggested sub-portfolios. The sub-portfolio including this property contains 1413 Colburn, 1537 Remington, 1840 Talbot, 1912 Greenwood, 2074 Price, 26 Magyar, 3256 Jeannette, 4228 N. Lockwood, 4321 Burnham, 4345 Burnham, 440 Somerset, 551 Spencer, 560 Williamsville, 615 Cuthbert, and 729 Lodge for $1.56M.

Location

State OH

County Lucas

Community Fearing Heights

Area 0.14

Direction Please see attached property directory.

Rooms

Family Room true

Basement Full

Dining Room No

Kitchen Yes

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Equipment Yes

Fireplace No

Appliance Water Heater

Exterior

Parking Features Asphalt, Detached Garage, Driveway

Garage Spaces 1.0

Garage Description 1.0

Roof Type Shingle

Total Parking Spaces 1

Garage Yes

Building

Story 2

Sewer Sanitary Sewer

Level or Stories One and One Half

Schools

Elementary Schools Burroughs

Middle Schools None

High Schools Bowsher

School District Toledo

Others

Tax ID 05-16577

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Agent Owned


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440 Somerset ST