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Fully updated multi-unit property with extensive renovations inside and out. Improvements include a new roof, new siding, fully renovated interiors with new appliances, flooring, carpet, and fresh paint. Shared laundry added in the basement for tenant convenience. Projected gross rent is $3,300/month once fully occupied. Tenants pay their own utilities; owner covers taxes, water, and insurance. Estimated NOI: $26,380/year, making this a strong cash-flowing investment from day one. Located in a growing area with upside potential. Ideal for investors or owner-occupants seeking a turnkey property with long-term value.
Property Type(s):
Multi Family
| Last Updated | 11/6/2025 | Tract | Elm Street Addn. |
|---|---|---|---|
| Year Built | 1902 | County | Lucas |
SCHOOLS
| Elementary School | Sherman |
|---|---|
| Jr. High School | None |
| High School | Woodward |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | None |
| BASEMENT | Partial, Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Forced Air |
| INTERIOR | Other |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 5,312 |
| PARKING | Off Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Elm Street Addn. |
| UTILITIES | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| WATER | Public |
Location
Listed with LPG Realty
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 Gorrell Bros Auctioneers and Real Estate 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.
Listing information is deemed reliable, but not guaranteed.
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Data last updated: 11/7/25 12:46 AM PST
This IDX solution is (c) Diverse Solutions 2025.
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