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    801/811 Hilltop Ln Toledo, OH 43615

    For Sale
    $999,000

    Two six-unit buildings with strong rental income and recent updates.

    Lot size:
    0.75 Acres

    Property Features for 801/811 Hilltop Ln

    General Information

    Interior features
    Interior Feature 1, : "Cable Ready", "Interior Feature 2": "Central Air", "Interior Feature 3": "Natural Gas", "Interior Feature 4": "Water Heater", "Interior Feature 5": "Electric Cooktop", "Interior Feature 6": "Electric Oven", "Interior Feature 7": "Electric Range", "Interior Feature 8": "Refrigerator", "Interior Feature 9": "Washer"
    Exterior features
    exterior_features, : ["Internet Available", "Cable Available", "Shingles"]
    Lot size
    0.75 Acres

    Building Details

    Year built
    1987

    Source: Howard Hanna Agent Jill M. Perry

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Twelve-Unit Multifamily Investment Opportunity

    This is an investment opportunity featuring two six-unit buildings, totaling 12 units. The property generates a yearly rent of $123,768. Each unit features an open floor plan with a living room, dining room, and kitchen area, along with two bedrooms that include closet space. Laundry facilities and a garage are available for each unit, and balconies are included. The property has been well-maintained, with new roofs installed on both buildings in 2020 and on the garages in 2021. The exterior was painted in 2023. Many units have newer carpet and plank flooring, and some have newer hot water heaters, furnaces, and AC units. One unit is currently vacant to facilitate showings.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Toledo
    County
    Wood
    State
    Ohio
    Longitude
    -83.6568418
    Latitude
    41.6483906

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    FAQs

    What type of property is this?
    Apartment building - Two six-unit buildings with strong rental income and recent updates.
    Where is this apartment building located?
    The property is located at 801/811 Hilltop Ln Toledo, OH.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - High Income Potential: $123,768 yearly rent from 12 units.; - Individual Garages: Each unit has its own garage.; - Laundry in Each Unit: Provides convenience for tenants.
    Request Owner's contact information
    801/811 Hilltop Ln Toledo, OH 43615
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    801/811 Hilltop Ln Toledo, OH 43615
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