Austin Cleghorn

5520 N Summit Street, Toledo, OH 43611

$140,000
Property Type: Residential Income Square Footage: 1,482 Lot Size (sq. ft.): 5,502 Status: Closed
Current Price: $140,000 List Date: 7/09/2025 Last Modified: 10/14/2025

Overview

Description

Both units recently updated! Newer windows, flooring, paint, water heater, furnace, and gutters. Great addition to your portfolio. Cash flowing and fully occupied!

Listing Details MLS# 6132476

Status Change Information

Status Change Timestamp
2025-07-22
Purchase Contract Date
2025-07-22
Close Date
2025-07-22
Close Price
140000
Buyer Financing
Cash

Address

Street Number
5520
Street Direction Prefix
N
Street Name
Summit
Street Suffix
Street
County
Lucas
State
OH
Postal Code
43611
Postal Code +4
2263
Directions
On Summit near 131st.
Parcel Number
07-08677

Contract

Named Exceptions YN
No
Original List Price
145000
Listing Contract Date
2025-07-09
Listing Agreement
Exclusive Right To Sell
Listing Service
Full Service
List Price/SqFt
94.47
Sold Price/SqFt
94.47

Tax Legal

Subdivision Name
None

Interior

Living Area
1482
Basement YN
Yes
Basement SqFt
0

Parking Information

Carport YN
No
Parking Total
4

More Information

Building

Year Built
1887
Stories Total
2

Lot

Lot Size Acres
0.1263
Lot Size Square Feet
5502
Lot Size Dimensions
5,500

Remarks

Public Historical Remarks
Lease Information: Leased, Equipment: Range Oven, Occupied By: TENANT
Public Remarks
Both units recently updated! Newer windows, flooring, paint, water heater, furnace, and gutters. Great addition to your portfolio. Cash flowing and fully occupied!

Income and Expenses

Total Actual Rent
1590
Net Operating Income
0

Unit Details

Number Of Units Leased
2

Unit One

Unit Type Description
Lower
Unit Type Beds Total
2
Appliances Included
Yes
Furnished
Unfurnished
Unit Type Actual Rent
930
Number of Identical Units Leased
Yes

Unit Two

Unit Type Description
Upper
Unit Type Beds Total
Yes
Appliances Included
Yes
Furnished
Unfurnished
Unit Type Actual Rent
660
Number of Identical Units Leased
Yes

Tax & Legal

School District
Toledo
Elementary/Primary School
Edgewater
High School
Woodward
6 Months General Tax
1294.4
6 Months Special Assessment Tax
134.38
6 Months Total Tax
1428.78
Auction YN
No

Association/Community

Number Of Buildings
1
Number Of Units Total
2

Appliances

Refrigerator
Yes
Water Heater
Yes

Basement

Partial
Yes
Walk-Out Access
Yes

Construction Materials

Vinyl Siding
Yes

Cooling

Window Unit(s)
Yes

Disclosures

Lead Based Paint Disclosure
Yes
Property Disclosure
Yes

Exterior Features

Private Entrance
Yes

Heating

Electric
Yes
Forced Air
Yes
Natural Gas
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

Detached Garage
Yes
Driveway
Yes
Gravel
Yes
Unpaved
Yes
Other
Yes

Possession

Subject To Tenant Rights
Yes

Roof

Shingle
Yes

Sewer

Sanitary Sewer
Yes

Structure Type

Duplex
Yes

Water Heater

Gas
Yes

Water Source

Public
Yes

Owner Pays

Electricity
Yes
Gas
Yes
Water
Yes

Tenant Pays

None
Yes

Property Features

Appliances: Refrigerator; Water Heater Basement: Partial; Walk-Out Access Construction Materials: Vinyl Siding Cooling: Window Unit(s) Disclosures: Lead Based Paint Disclosure; Property Disclosure Exterior Features: Private Entrance Heating: Electric; Forced Air; Natural Gas Listing Terms: Cash; Conventional Owner Pays: Electricity; Gas; Water Parking Features: Detached Garage; Driveway; Gravel; Unpaved; Other Possession: Subject To Tenant Rights Roof: Shingle Sewer: Sanitary Sewer Structure Type: Duplex Tenant Pays: None Water Heater: Gas Water Source: Public
Listing Office: LPG Realty
Last Updated: October - 14 - 2025
Broker Attribution: 419-308-5990

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