Investor’s dream! This completely renovated 3-unit multi-family property is ready for you to start generating cash flow. Featuring brand-new electric, plumbing, flooring, fresh paint, modern cabinets, updated light fixtures, and new hot water tanks, this property is move-in ready for tenants. An incredible opportunity for steady income. Don’t miss out!
This property is $54.9K more than the Median Sold Price and $37/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: #6123068
Listing Office:
Office Name: Serenity Realty LLC
Office Phone: (419) 708-1618
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: 11/18/2024, 7:20:51 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
$899
$9,730
2019
$892
$9,730
2018
$972
$9,730
2017
$4,446
$7,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$991
Per Month
Principal & Interest
$924
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$621
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Madison Avenue School of Arts
1511 Madison Ave
Distance between this listing and this school1.14 miles
Public Charter Grades KG-6
2
/10
Imagine Environmental Science Academy
1030 Clay Ave
Distance between this listing and this school1.48 miles
Public Charter Grades KG-6
4
/10
Rise & Shine Academy
3248 Warsaw St
Distance between this listing and this school1.72 miles
Public Charter Grades KG-6
Nearby Schools
3
/10
Sherman Elementary School
817 Sherman St
Distance between this listing and this school0.76 miles
Public District Grades KG-8
3
/10
Spring Elementary School
730 Spring St
Distance between this listing and this school0.89 miles
Public District Grades KG-8
4
/10
Garfield Elementary School
1103 N Ravine Pkwy
Distance between this listing and this school0.95 miles
Public District Grades PK-8
Nearby Schools
3
/10
The Maritime Academy of Toledo
803 Water St
Distance between this listing and this school0.46 miles
Public Charter Grades 5-12
3
/10
Waite High School
301 Morrison Dr
Distance between this listing and this school0.91 miles
Public District Grades 9-12
2
/10
Skyway Career Preparatory High School
1830 Adams St
Distance between this listing and this school1.16 miles
The neighbors living near this home have an average income of $11,795. The majority of Toledo, OH residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
This home is located at 1214 N Erie St in Toledo, OH and zip code 43604 in the North River neighborhood. This 2,756 square foot home, which was built in 1902, sits on a 0.17 acre lot. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $185,000.
Toledo, OH housing market in October 2024 saw over 123 listings sold above listed price, more than 30 sold at listed price and over 115 sold below. The number of homes for sale in Toledo, OH increased by 1.8% between September 2024 and October 2024. In October 2024 median list price was $130,019 and the average listing age was 54 days.
From Rocket Homes Real Estate and based on county public records data.