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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 1,014 sqft
Price per Sqft $73
Subdivision Kemper Heights
MLS Listing ID 10007656
Sold Date 06/08/26
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1949
Tax Year 2025
Lot Size 5,000 Sqft
Lot Dimensions 0.12
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 Kemper Heights
Area 0.12
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 In Basement
Exterior
Parking Features Driveway, Ribbon
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Shingle
Garage No
Building
Story 1
Foundation Other
Sewer Public Sewer
Level or Stories One
Schools
Elementary Schools Burroughs
Middle Schools None
High Schools Bowsher
School District Toledo
Others
Tax ID 09-04711
Acceptable Financing Cash
Listing Terms Cash
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Angela Rose
Broker | License ID: BRKP.2023002346
Broker License ID: BRKP.2023002346

