5912 Edgewater Drive, Toledo, OH 43611 (MLS# 6133974)

5912 Edgewater Drive, Toledo, OH 43611

$225,500

Virtual Tour

https://www.propertypanorama.com/instaview/toledo/6133974

Property Type: Residential Income Square Footage: 3,080 Lot Size (sq. ft.): 3,123 Status: Closed

Current Price: $225,500 List Date: 8/07/2025 Last Modified: 10/14/2025

Overview

Description

Rare chance to own a cash-flowing 4-unit near the water! All units are 2-bedrooms. Three units are occupied with long-term tenants at below-market rents, generating $1,700/month. Unit 3 is vacant and available to show—perfect for owner-occupant or investor value-add. Tenants pay their own gas and electric. Total potential rent over $3,200+/month! Great income opportunity in a desirable location.

Listing Details MLS# 6133974

Listing Information

Property Sub Type: Apartment

Status Change Information

Status Change Timestamp: 2025-10-08
Purchase Contract Date: 2025-10-06
Close Date: 2025-10-08
Close Price: 225500
Buyer Financing: Conventional

Address

Street Number: 5912
Street Name: Edgewater
Street Suffix: Drive
County: Lucas
State: OH
Postal Code: 43611
Directions: Summit St. to right on 108th to left on edgewater. just past 140th
Parcel Number: 02-08187

Contract

Named Exceptions YN: No
Original List Price: 229900
Listing Contract Date: 2025-08-07
Listing Agreement: Exclusive Right To Sell
Listing Service: Full Service
List Price/SqFt: 73.21
Sold Price/SqFt: 73.21

Interior

Living Area: 3080
Basement SqFt: 0

Parking Information

Carport YN: No
Parking Total: 6

More Information

Building

Year Built: 1907
Stories Total: 2

Lot

Lot Size Acres: 0.0717
Lot Size Square Feet: 3123
Lot Size Dimensions: 3,123

Remarks

Public Historical Remarks: Lease Information: Vacant, Miscellaneous: Common Entry,, Equipment: Range Oven, Occupied By: TENANT
Public Remarks: Rare chance to own a cash-flowing 4-unit near the water! All units are 2-bedrooms. Three units are occupied with long-term tenants at below-market rents, generating $1,700/month. Unit 3 is vacant and available to show—perfect for owner-occupant or investor value-add. Tenants pay their own gas and electric. Total potential rent over $3,200+/month! Great income opportunity in a desirable location.

Income and Expenses

Total Actual Rent: 1700
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
Furnished: Unfurnished
Unit Type Actual Rent: 725
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
Furnished: Unfurnished
Unit Type Actual Rent: 500
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
Furnished: Unfurnished
Unit Type Actual Rent: 0

Unit Four

Unit Type Description: 4
Unit Type Beds Total: 2
Unit Type Number of Full Baths: Yes
Appliances Included: Yes
Furnished: Unfurnished
Unit Type Actual Rent: 475
Number of Identical Units Leased: Yes

Tax & Legal

School District: Toledo
Elementary/Primary School: Edgewater
High School: Woodward
6 Months General Tax: 2065.72
6 Months Special Assessment Tax: 53.22
6 Months Total Tax: 2118.94
Auction YN: No

Association/Community

Number Of Buildings: 1
Number Of Units Total: 4

Appliances

Refrigerator: Yes
Water Heater: Yes

Construction Materials

Aluminum Siding: Yes
Steel Siding: Yes

Cooling

Other: Yes

Disclosures

Lead Based Paint Disclosure: Yes
Property Disclosure: Yes

Electric

Circuit Breakers: Yes

Foundation Details

Slab: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Parking Features

Asphalt: Yes
Assigned: Yes
Driveway: Yes

Possession

Negotiable: Yes
Subject To Tenant Rights: Yes

Roof

Shingle: Yes

Sewer

Sanitary Sewer: Yes

Special Listing Conditions

Agent Owned: 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: Refrigerator; Water Heater Construction Materials: Aluminum Siding; Steel Siding Cooling: Other Disclosures: Lead Based Paint Disclosure; Property Disclosure Electric: Circuit Breakers Foundation Details: Slab Heating: Forced Air; Natural Gas Listing Terms: Cash; Conventional Owner Pays: Lawn Care; Sewer; Snow Removal; Trash Collection; Water Parking Features: Asphalt; Assigned; Driveway Possession: Negotiable; Subject To Tenant Rights Roof: Shingle Sewer: Sanitary Sewer Special Listing Conditions: Agent Owned Tenant Pays: Electricity; Gas Water Heater: Gas Water Source: Public

Documents

rpd ›

lbp ›

Listing Office: LPG Realty

Last Updated: October - 14 - 2025

Broker Attribution: 419-308-5990