Austin Cleghorn

1667 Brownstone Boulevard, Toledo, OH 43614

$362,000
Property Type: Residential Income Square Footage: 5,000 Lot Size (sq. ft.): 10,093 Status: Closed
Current Price: $362,000 List Date: 3/19/2025 Last Modified: 10/14/2025

Overview

Description

Investors – this is the one you've been waiting for! This well-maintained 4-plex features spacious 2-bedroom, 1-bathroom units, with three currently rented for $900 per month. The fourth unit has just undergone a full turn and is ready for a new tenant. Each unit includes detached garage parking and central AC, offering added comfort and appeal for renters. Tenants pay their own gas and electric. With strong occupancy, solid rental income, and large, well-laid-out spaces, this property is a fantastic addition to any investment portfolio. Once fully occupied, total rent potential is $3800+

Listing Details MLS# 6127281

Listing Information

Property Sub Type
Apartment

Status Change Information

Status Change Timestamp
2025-05-12
Purchase Contract Date
2025-05-08
Close Date
2025-05-12
Close Price
362000
Buyer Financing
Conventional

Address

Street Number
1667
Street Name
Brownstone
Street Suffix
Boulevard
County
Lucas
State
OH
Postal Code
43614
Postal Code +4
1302
Directions
Reynolds south of Airport to Brownstone
Parcel Number
07-71011

Contract

Named Exceptions YN
No
Original List Price
349900
Listing Contract Date
2025-03-19
Listing Agreement
Exclusive Right To Sell
Listing Service
Full Service
List Price/SqFt
72.4
Sold Price/SqFt
72.4

Tax Legal

Subdivision Name
Hawthorne Hills

Interior

Living Area
5000
Living Area Source
Public Records
Basement YN
Yes
Basement SqFt
0

More Information

Parking Information

Carport YN
No
Parking Total
6

Building

Year Built
1972
Stories Total
2

Lot

Lot Size Acres
0.2317
Lot Size Square Feet
10093
Lot Size Dimensions
10,093

Remarks

Public Historical Remarks
Lease Information: Leased, Miscellaneous: Common Entry,, Equipment: Range Oven, Occupied By: TENANT
Public Remarks
Investors – this is the one you've been waiting for! This well-maintained 4-plex features spacious 2-bedroom, 1-bathroom units, with three currently rented for $900 per month. The fourth unit has just undergone a full turn and is ready for a new tenant. Each unit includes detached garage parking and central AC, offering added comfort and appeal for renters. Tenants pay their own gas and electric. With strong occupancy, solid rental income, and large, well-laid-out spaces, this property is a fantastic addition to any investment portfolio. Once fully occupied, total rent potential is $3800+

Income and Expenses

Total Actual Rent
2700
Net Operating Income
0

Unit Details

Number Of Units Leased
3

Unit One

Unit Type Description
Yes
Unit Type Beds Total
2
Unit Type Number of Full Baths
Yes
Appliances Included
Yes
Unit Type Actual Rent
900
Number of Identical Units Leased
Yes

Unit Two

Unit Type Description
2
Unit Type Beds Total
2
Unit Type Number of Full Baths
Yes
Appliances Included
Yes
Unit Type Actual Rent
900
Number of Identical Units Leased
Yes

Unit Three

Unit Type Description
3
Unit Type Beds Total
2
Unit Type Number of Full Baths
Yes
Appliances Included
Yes

Unit Four

Unit Type Description
4
Unit Type Beds Total
2
Unit Type Number of Full Baths
Yes
Appliances Included
Yes
Unit Type Actual Rent
900
Number of Identical Units Leased
Yes

Showing Information

Showing Instructions
Unit 3 is available to show. Other units with accepted offer.

Tax & Legal

School District
Toledo
Elementary/Primary School
Glendale - Feilbach
High School
Bowsher
6 Months General Tax
3743.26
6 Months Special Assessment Tax
269.34
6 Months Total Tax
4012.6
Auction YN
No

Association/Community

Number Of Buildings
1
Number Of Units Total
4

Appliances

Gas Range Connection
Yes
Refrigerator
Yes
Water Heater
Yes

Basement

Partial
Yes

Construction Materials

Brick
Yes
Wood Siding
Yes

Cooling

Central Air
Yes

Disclosures

Lead Based Paint Disclosure
Yes
Property Disclosure
Yes

Electric

Circuit Breakers
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Listing Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA Loan
Yes

Parking Features

Asphalt
Yes
Detached Garage
Yes
Driveway
Yes

Possession

Subject To Tenant Rights
Yes

Roof

Shingle
Yes

Sewer

Sanitary Sewer
Yes

Water Heater

Gas
Yes

Water Source

Public
Yes

Owner Pays

Lawn Care
Yes
Sewer
Yes
Snow Removal
Yes
Trash Collection
Yes
Water
Yes

Tenant Pays

Electricity
Yes
Gas
Yes

Property Features

Appliances: Gas Range Connection; Refrigerator; Water Heater Basement: Partial Construction Materials: Brick; Wood Siding Cooling: Central Air Disclosures: Lead Based Paint Disclosure; Property Disclosure Electric: Circuit Breakers Heating: Forced Air; Natural Gas Listing Terms: Cash; Conventional; FHA; VA Loan Owner Pays: Lawn Care; Sewer; Snow Removal; Trash Collection; Water Parking Features: Asphalt; Detached Garage; Driveway Possession: Subject To Tenant Rights Roof: Shingle 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

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