1041 Gribbin Lane, Toledo, OH 43612 (MLS# 6115753)

1041 Gribbin Lane, Toledo, OH 43612

$335,000

Virtual Tour

https://www.propertypanorama.com/instaview/toledo/6115753

Property Type: Residential Income Square Footage: 5,352 Lot Size (sq. ft.): 14,423 Status: Closed

Current Price: $335,000 List Date: 5/29/2024 Last Modified: 10/14/2025

Overview

Description

Fully-occupied, brick fourplex in Washington Local School District. Each of its two-bedroom units features one-and-a-half bathrooms, and additional storage space in the basement, complemented by washer/dryer hookups. Living spaces are generously sized, over 1300 square feet, and include private concrete patios. Residents pay all their utilities, including separately metered water, with the added luxury of central air conditioning. Total rent roll = $3680 with room for increases, making this property a lucrative investment for your portfolio.

Listing Details MLS# 6115753

Listing Information

Property Sub Type: Apartment

Status Change Information

Status Change Timestamp: 2024-07-11
Purchase Contract Date: 2024-07-10
Close Date: 2024-07-11
Close Price: 335000
Buyer Financing: Conventional

Address

Street Number: 1041
Street Name: Gribbin
Street Suffix: Lane
County: Lucas
State: OH
Postal Code: 43612
Postal Code +4: 4221
Directions: West of Lewis, north of Alexis
Parcel Number: 23-10597

Contract

Named Exceptions YN: No
Original List Price: 355000
Listing Contract Date: 2024-05-29
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
List Price/SqFt: 62.59
Sold Price/SqFt: 62.59

Interior

Living Area: 5352
Living Area Source: Public Records
Basement YN: Yes
Basement SqFt: 0

Parking Information

Carport YN: No
Parking Total: 4

More Information

Building

Year Built: 1977
Stories Total: 2

Lot

Lot Size Acres: 0.3311
Lot Size Square Feet: 14423
Lot Size Dimensions: 14,421

Remarks

Public Historical Remarks: Lease Information: Leased, Equipment: Alarm, Range Oven, Occupied By: TENANT
Public Remarks: Fully-occupied, brick fourplex in Washington Local School District. Each of its two-bedroom units features one-and-a-half bathrooms, and additional storage space in the basement, complemented by washer/dryer hookups. Living spaces are generously sized, over 1300 square feet, and include private concrete patios. Residents pay all their utilities, including separately metered water, with the added luxury of central air conditioning. Total rent roll = $3680 with room for increases, making this property a lucrative investment for your portfolio.

Income and Expenses

Total Actual Rent: 3680
Net Operating Income: 0

Unit Details

Number Of Units Leased: 4

Unit One

Unit Type Description: 1041
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
Appliances Included: Yes
Unit Type Actual Rent: 945
Number of Identical Units Leased: Yes

Unit Two

Unit Type Description: 1043
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
Appliances Included: Yes
Unit Type Actual Rent: 895
Number of Identical Units Leased: Yes

Unit Three

Unit Type Description: 1045
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
Appliances Included: Yes
Unit Type Actual Rent: 895
Number of Identical Units Leased: Yes

Unit Four

Unit Type Description: 1049
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Unit Type Number of Half Baths: 5
Appliances Included: Yes
Unit Type Actual Rent: 945
Number of Identical Units Leased: Yes

Showing Information

Showing Instructions: Showings with accepted offer. Then use ShowingTime.

Tax & Legal

School District: Washington Local
Elementary/Primary School: Greenwood
High School: Whitmer
6 Months General Tax: 2737
6 Months Special Assessment Tax: 245.33
6 Months Total Tax: 2982.33
Auction YN: No

Association/Community

Number Of Buildings: 1
Number Of Units Total: 4

Appliances

Dishwasher: Yes
Disposal: Yes
Refrigerator: Yes
Water Heater: Yes

Basement

Full: Yes

Construction Materials

Brick: Yes

Cooling

Central Air: Yes

Disclosures

Lead Based Paint Disclosure: Yes
Property Disclosure: Yes

Electric

Circuit Breakers: Yes

Exterior Features

Private Entrance: Yes

Heating

Electric: Yes
Forced Air: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Outdoor Living Spaces Features

Patio: 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

Electric: Yes

Water Source

Public: Yes

Owner Pays

Insurance: Yes
Lawn Care: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Water: Yes

Property Features

Appliances: Dishwasher; Disposal; Refrigerator; Water Heater Basement: Full Construction Materials: Brick Cooling: Central Air Disclosures: Lead Based Paint Disclosure; Property Disclosure Electric: Circuit Breakers Exterior Features: Private Entrance Heating: Electric; Forced Air Listing Terms: Cash; Conventional Outdoor Living Spaces Features: Patio Owner Pays: Insurance; Lawn Care 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 Water Heater: Electric Water Source: Public

Listing Office: LPG Realty

Last Updated: October - 14 - 2025

Broker Attribution: 419-308-5990