Cash-flowing property w/ ZERO real estate TAXES. This mix-use investment property offers a unique opportunity with 3 commercial units and 9 residential units. Take advantage of the CRA tax abatement granted to this property and let the absence of real estate taxes significantly boost your net income, enhancing the property's overall return on investment. Conveniently located next to all major highways, ProMedica Toledo Hospital, Jeep Assembly Plant, Dana Toledo, Driveline and much more. 3-car & 2-car garage w/ additional lot provide for ample amount of parking. Two parcels included in sale.
Property Details
Property Features
Property Information:
Year Built: 1927
Stories: 3
Living Area: 13,792 SqFt
Listing Office:
Office Name: Key Realty LTD
Office Phone: (567) 277-2402
Interior Features
Interior Information:
Appliances: Gas Water Heater, Oven, Range, Refrigerator
This property is $474.8K more than the Median Sold Price and $56/SqFt less than other homes in Toledo, OH.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NORIS
MLS Number: #6115316
Listing Office:
Office Name: Key Realty LTD
Office Phone: (567) 277-2402
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site.
Information deemed reliable but not guaranteed to be accurate. The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 6/2/2024, 12:55:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,358
$9,800
2019
$1,327
$9,800
2018
$390
$9,800
2017
$10,212
$52,605
History based on county public records data.
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NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Middle School
3
/10
Whittier Elementary School
4221 Walker Ave
Distance between this listing and this school0.36 miles
Public District Grades KG-8
4
/10
Old West End Academy Elementary School
3131 Cambridge St
Distance between this listing and this school1.14 miles
Public District Grades KG-8
7
/10
Grove Patterson Academy Elementary School
3020 Marvin Ave
Distance between this listing and this school2.62 miles
Public District Grades KG-8
High School
2
/10
Start High School
2010 Tremainsville Rd
Distance between this listing and this school1.33 miles
Public District Grades 9-12
8
/10
Toledo Technology Academy High School
3301 Upton Ave
Distance between this listing and this school1.37 miles
Public District Grades 9-12
9
/10
Toledo Early College High School
2225 Nebraska Ave
Distance between this listing and this school3.70 miles
Public District Grades 9-12
Nearby Schools
4
/10
Rise & Shine Academy
3248 Warsaw St
Distance between this listing and this school1.45 miles
Public Charter Grades KG-5
5
/10
Jackman Elementary School
2010 Northover Rd
Distance between this listing and this school2.06 miles
Public District Grades KG-6
4
/10
Wernert Elementary School
5050 Douglas Rd
Distance between this listing and this school2.13 miles
Public District Grades KG-6
Assigned Schools
3
/10
Whittier Elementary School
4221 Walker Ave
Distance between this listing and this school0.36 miles
Public District Grades KG-8
4
/10
Old West End Academy Elementary School
3131 Cambridge St
Distance between this listing and this school1.14 miles
Public District Grades KG-8
7
/10
Grove Patterson Academy Elementary School
3020 Marvin Ave
Distance between this listing and this school2.62 miles
Public District Grades KG-8
Assigned Schools
2
/10
Start High School
2010 Tremainsville Rd
Distance between this listing and this school1.33 miles
Public District Grades 9-12
8
/10
Toledo Technology Academy High School
3301 Upton Ave
Distance between this listing and this school1.37 miles
Public District Grades 9-12
9
/10
Toledo Early College High School
2225 Nebraska Ave
Distance between this listing and this school3.70 miles
The neighbors living near this home have an average income of $42,763. Most Toledo, OH residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
This home is located at 1125 W Sylvania Ave in Toledo, OH and zip code 43612 in the Five Points neighborhood. This 13,792 square foot home, which was built in 1927, sits on a 0.19 acre lot. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $599,900.
In May 2024 more than 155 listings in Toledo, OH were sold above the asking price. During the same period more than 39 listings were sold at asking price, while more than 98 were sold below. The number of homes for sale in Toledo, OH increased by 6.8% between April 2024 and May 2024. In May 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $125,016.
From Rocket Homes Real Estate and based on county public records data.