318 Wasaon ST, Toledo, OH 43609
318 Wasaon ST, Toledo, OH 43609
318 Wasaon ST, Toledo, OH 43609
21
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Listed by Raliat Williams Serenity Realty LLC
$140,000
Est. payment /mo
4 Beds
3,027 SqFt
Active Under Contract

318 Wasaon ST Toledo, OH 43609

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Key Details

Property Type Residential Income

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,027 sqft

Price per Sqft $46

Subdivision Knowers

MLS Listing ID 10008462

Bedrooms 4

Year Built 1882

Tax Year 2025

Lot Size 3,685 Sqft

Lot Dimensions 0.09

Property Sub-Type Quadruplex

Source Northwest Ohio Real Estate Information Service (NORIS)

Property Description

Investor Special! Cash-flowing 4-unit property with immediate upside potential. 3 of the 4 units are currently occupied, generating $2,025 per month in rental income, with the vacant unit previously being rented for $700 per month. At full occupancy, projected gross rents are estimated between $2,800-$3,000 per month. Each unit is equipped with mini-split systems providing both heating and cooling. The property offers a strong opportunity for investors seeking current income with room to increase returns. Tenants pay their own electric, there is no gas bill, while the owner is responsible for water, helping keep operating expenses manageable. Property appraised for $175,000 in 2024. Please do not disturb tenants. 24-hour notice required for showings.

Location

State OH

County Lucas

Community Knowers

Area 0.09

Rooms

Dining Room No

Kitchen No

Interior

Interior Features Other

Heating Mini Split, Natural Gas

Cooling Mini Split

Flooring Carpet, Vinyl, Linoleum

Equipment No

Appliance Electric Oven

Laundry None

Exterior

Parking Features On Street

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Shingle

Garage No

Building

Lot Description Other

Story 2

Foundation Block, Combination

Sewer Public Sewer

Schools

Elementary Schools Marshall Stemm Academy

Middle Schools None

High Schools Scott

School District Toledo

Others

Tax ID 09-14227

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Agent Owned

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318 Wasaon ST