10 Terrace Downs Street, Toledo, OH 43614 (MLS# 6112620)

10 Terrace Downs Street, Toledo, OH 43614

$200,000

Virtual Tour

https://www.propertypanorama.com/instaview/toledo/6112620

Property Type: Residential Income Square Footage: 1,936 Lot Size (sq. ft.): 12,306 Status: Closed

Current Price: $200,000 List Date: 3/08/2024 Last Modified: 10/14/2025

Overview

Description

Great investment opportunity! Fully occupied brick fourplex. All units are one-bedroom and have private entrances. Three units have original hardwood floors, and newer furnaces. Total rent roll $2285. Showings with accepted offer.

Listing Details MLS# 6112620

Listing Information

Property Sub Type: Apartment

Status Change Information

Status Change Timestamp: 2024-05-16
Purchase Contract Date: 2024-05-09
Close Date: 2024-05-16
Close Price: 200000
Buyer Financing: Conventional

Address

Street Number: 10
Street Name: Terrace Downs
Street Suffix: Street
County: Lucas
State: OH
Postal Code: 43614
Postal Code +4: 5466
Directions: S Detroit from the Anthony Wayne Trail, take a left on Medford, go right on Terrace Downs, property is on right
Parcel Number: 18-75004

Contract

Named Exceptions YN: No
Original List Price: 200000
Listing Contract Date: 2024-03-08
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
List Price/SqFt: 103.31
Sold Price/SqFt: 103.31

Tax Legal

Subdivision Name: None

Interior

Living Area: 1936
Living Area Source: Public Records
Basement SqFt: 0

More Information

Parking Information

Carport YN: No
Parking Total: 4

Building

Year Built: 1953
Stories Total: Yes

Lot

Lot Size Acres: 0.2825
Lot Size Square Feet: 12306
Lot Size Dimensions: 12,307

Remarks

Public Historical Remarks: Tenant Expense: Heat,, Lease Information: Leased, Equipment: Alarm, Range Oven, Occupied By: TENANT
Public Remarks: Great investment opportunity! Fully occupied brick fourplex. All units are one-bedroom and have private entrances. Three units have original hardwood floors, and newer furnaces. Total rent roll $2285. Showings with accepted offer.

Income and Expenses

Total Actual Rent: 2285
Net Operating Income: 0

Unit Details

Number Of Units Leased: 4

Unit One

Unit Type Beds Total: Yes
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 635
Number of Identical Units Leased: Yes

Unit Two

Unit Type Beds Total: Yes
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 550
Number of Identical Units Leased: Yes

Unit Three

Unit Type Beds Total: Yes
Unit Type Number of Full Baths: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 550
Number of Identical Units Leased: Yes

Unit Four

Unit Type Beds Total: Yes
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 550
Number of Identical Units Leased: Yes

Showing Information

Showing Instructions: Showings with accepted offer

Tax & Legal

School District: Toledo
Elementary/Primary School: Beverly
High School: Bowsher
6 Months General Tax: 1296.87
6 Months Special Assessment Tax: 7.36
6 Months Total Tax: 1304.23
Auction YN: No

Association/Community

Number Of Buildings: 1
Number Of Units Total: 4

Appliances

Refrigerator: Yes
Water Heater: Yes

Construction Materials

Brick: Yes

Cooling

None: Yes

Disclosures

Lead Based Paint Disclosure: Yes
Property Disclosure: Yes

Exterior Features

Private Entrance: Yes

Flooring

Wood: Yes

Foundation Details

Crawl Space: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Parking Features

Asphalt: Yes
Driveway: Yes
Parking Lot: Yes

Possession

Subject To Tenant Rights: Yes

Roof

Shingle: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Sanitary Sewer: Yes

Water Heater

Gas: Yes

Water Source

Public: Yes

Owner Pays

Exterior Maintenance: Yes
Insurance: Yes
Lawn Care: Yes
Repairs: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Tenant Pays

Electricity: Yes
Gas: Yes

Property Features

Appliances: Refrigerator; Water Heater Construction Materials: Brick Cooling: None Disclosures: Lead Based Paint Disclosure; Property Disclosure Exterior Features: Private Entrance Flooring: Wood Foundation Details: Crawl Space Heating: Forced Air; Natural Gas Listing Terms: Cash; Conventional; FHA; VA Loan Owner Pays: Exterior Maintenance; Insurance; Lawn Care; Repairs; Snow Removal; Taxes; Trash Collection; Water Parking Features: Asphalt; Driveway; Parking Lot Possession: Subject To Tenant Rights Roof: Shingle Security Features: Smoke Detector(s) Sewer: Sanitary Sewer Tenant Pays: Electricity; Gas Water Heater: Gas Water Source: Public

Listing Office: LPG Realty

Last Updated: October - 14 - 2025

Broker Attribution: 419-308-5990