Listed by Nicholas B Amlin Key Realty LTD

$75,000

$49,000 53.1%

Est. payment - /mo

3 Beds

1 Bath

1,126 SqFt

UPDATED:

Key Details

Sold Price $75,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,126 sqft

Price per Sqft $66

Subdivision Southway Park

MLS Listing ID 10007658

Sold Date 06/08/26

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1958

Tax Year 2025

Lot Size 6,000 Sqft

Lot Dimensions 0.14

Property Sub-Type Single Family Residence

Source Northwest Ohio Real Estate Information Service (NORIS)

Property Description

Seller accepted a sight unseen pre-auction offer. Online & On-Site Auction! This is an exceptional investment opportunity to acquire one, two, three, or all four of these turnkey residential rental properties located in a strong rental market. All four homes feature well-maintained 3-bedroom, 1-bathroom layouts with updated interiors and are currently tenant occupied with long-term renters who wish to remain, providing immediate and consistent cash flow from day one. Current rental income includes 419 Southview Dr. at $1,150/month, 424 Southview Dr. at $875/month, 425 Southview Dr. at $900/month, and 523 S. Westwood Ave. at $875/month. These properties offer solid income-producing potential for both seasoned investors and those looking to expand their portfolio. The portfolio includes 523 S. Westwood Ave. (full basement, central air), 424 and 425 Southview Dr. (detached garages, central air), and 419 Southview Dr. (slab foundation). The auction will take place on June 11th at 4:00 PM, with preview and registration opening on-site at 2:00 PM. Each property will be sold individually with a minimum opening bid of $49,000 and will sell to the highest bidder over that amount. Terms include a 10% buyer's premium added to the final bid to determine the total purchase price and a non-refundable $5,000 deposit per property required on the day of the auction. Do not miss this rare "Caravan Style" auction event—an outstanding opportunity to purchase multiple income-producing properties in one afternoon with built-in rental income already in place!

Location

State OH

County Lucas

Community Southway Park

Area 0.14

Rooms

Dining Room No

Kitchen Yes

Interior

Interior Features Other

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Other

Equipment No

Fireplace No

Laundry Main Level

Exterior

Parking Features Detached Garage

Garage Spaces 1.0

Garage Description 1.0

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Shingle

Total Parking Spaces 1

Garage Yes

Building

Story 1

Foundation Slab

Sewer Public Sewer

Level or Stories One

Schools

Elementary Schools Burroughs

Middle Schools None

High Schools Bowsher

School District Toledo

Others

Tax ID 14-43254

Acceptable Financing Cash

Listing Terms Cash

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Angela Rose

+1(419) 215-6034

Broker | License ID: BRKP.2023002346

Broker License ID: BRKP.2023002346

424 Southview DR Toledo, OH 43609