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Archived over 1 year ago

$440,000

6+ bd ba 8364 sqft

5422 Cresthaven Lane,, Toledo, OH 43614

Residential Quadplex Occupied Off MLS

Current Rent **

$4,024

Projected Rent **

$4,372

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent: $1,006
  • Bedroom: 3 bd
  • Bathroom: 1½ ba
  • Square Footage: 2091 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: Yes
Unit 2 Details
  • Current Rent: $1,006
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 2091 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: Yes
Unit 3 Details
  • Current Rent: $1,006
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 2091 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: Yes
Unit 4 Details
  • Current Rent: $1,006
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 2091 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: Yes

QUADRUPLEX G̲a̲r̲a̲g̲e̲ f̲o̲r̲ e̲a̲c̲h̲ u̲n̲i̲t̲ 💥 𝙂𝙧𝙚𝙖𝙩 𝙨𝙝𝙖𝙥𝙚 💥 𝘛𝘦𝘯𝘢𝘯𝘵𝘴 𝘱𝘢𝘺 𝘢𝘭𝘭 𝘶𝘵𝘪𝘭𝘪𝘵𝘪𝘦𝘴 𝘦𝘹𝘤𝘦𝘱𝘵 𝘸𝘢𝘵𝘦𝘳 💥

You need to check this one out!

This property has four 3 bedroom/1 bath units. It is 100% occupied and the tenants pay all utilities except water. Each apartment has its own single car garage! This property has been very well maintained and is ready for someone new to come in and collect the rent!.

The actual NOI is $27,035!

Location:

5422 Cresthaven Lane,, Toledo, OH 43614

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.