26 Terrace Downs St Toledo, OH 43614
Four-unit multifamily property in South Toledo with income-generating potential.
Lot size:
0.22 AcresProperty Features for 26 Terrace Downs St
General Information
- Standard status
- Active
- Lot size
- 0.22 Acres
- Exterior features
- Sewer Connected, Water Connected, WiFi Connected, Electricity Connected, Internet Connected, Natural Gas Connected, Shingles
- Interior features
- Forced Air, Window Unit(s), Mini Split, Water Heater, Gas Oven, Gas Range, Refrigerator
Building Details
- Year built
- 1953
Source:
Kw
Listing Agency: The Danberry Co. Listing Agent: Garrett Luhring
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
South Toledo Four-Unit Multifamily Property
This four-unit multifamily property in South Toledo presents an investment opportunity. The property currently generates $2,008 per month with three of the four units occupied, and it has the potential to generate $2,678 per month when fully leased. Each unit includes one bedroom and one bathroom, and all have been updated with fresh paint, newer flooring, and modern touches. Three units are equipped with newer furnaces, while the remaining unit features a new mini-split system for heating and cooling. Tenants are in term leases and have undergone credit and background checks. The property backs up to Pickford Park and offers access to downtown Toledo, Maumee, and Rossford. The location provides proximity to restaurants, shopping, and major routes. This property is intended for use as a residential income property.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Toledo
- County
- Wood
- State
- Ohio
- Longitude
- -83.613161
- Latitude
- 41.597496
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FAQs
What type of property is this?
Quadplex - Four-unit multifamily property in South Toledo with income-generating potential.
Where is this quadplex located?
The property is located at 26 Terrace Downs St Toledo, OH.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: - High income potential: Currently generates $2,008/month with potential to reach $2,678/month when fully leased.; - Updated units: Feature fresh paint, newer flooring, and modern touches.; - Prime location: Backs up to Pickford Park and offers easy access to downtown Toledo, Maumee, and Rossford, with proximity to restaurants, shopping, and major routes.