Listed by SVN Ascension Commercial Realty
$650,000
4901 Wickford Dr E
Details
APN 8230481
Property Type Multifamily
Sub Type Apartment Building, Low-Rise/Garden
Square Footage 7,200
Units 4
Beds 3
Cap Rate 4.61%
NOI $29,994
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 6.2%
Pro-Forma NOI $40,313
Year Built 1965
Year Renovated 2026
Buildings 1
Stories 2
Acreage 0.310
Zoning R-3 Multiple Dwelling Medium Density District
Parking Spaces 6 spaces
Parking Per SqFt 0.83
Investment Type Stabilized
Ceiling Height 8-10'
4-Unit Multifamily Apartment | Available Individually Or As Part Of A Multi-Asset Portfolio
Marketing description
7,200 SF multifamily property for sale in the heart of Sylvania, Ohio. Comprised of four 1,800 SF 3 bed 1.5 bath units. Fully occupied with all tenants currently on month-to-month leases. Located 1.5 miles from US-23 South interchange and just southwest of Toledo Flower Hospital.
Investment highlights
- In Unit Laundry Hookups
- Pet Friendly Policy
- Two Entryways
- Patio Spaces & Covered Storage Shed
- 8 Surface Level Parking Spaces
- Stove and Fridge for Each Unit
- Individually Metered Units
- One unit remodeled with LVP, new carpeting, paint, and updated (original iron rails)
- R-3 Zoning
- No showings until an offer is accepted.
- Offers due Friday, May 22.
- Please include signed Lead Paint Disclosure and Residential Seller Property Disclosure forms with your offer.
Listing Contacts
Listed by SVN Ascension Commercial Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$29,994.00
$2,499.50/mo
Valuation Metrics
0
DSCR
4.61%
Cap Rate
4.61%
ROI
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