$99,500

551 Spencer Street, Toledo, OH 43609

  • 3 beds |
  • 1 bath |
  • 1,243 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1913
  • Property Lot Size Icon3,302sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $80/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This property is being sold only as part of an 82-unit portfolio. In place cap is 7.6%, pro forma cap is ~10%, NOI is $541K, 95.1% occupancy. Portfolio asking price is $7.1M. See attachment for list of all addresses.

Listing Status:
Active
Date Added:
September 25, 2025 at 05:00AM
Listing Office:
Rylan Realty Group Ltd : 419-887-1717
MLS ID:
6136372
  • Appliances: Water Heater
  • Basement: Full
  • A/C: None
  • Heating: Forced AirNatural Gas
  • Parking: Alley AccessDrivewayNone
  • Roofing: Shingle
  • General: Vinyl Siding
  • Originating MLS: Northwest Ohio Real Estate Information Service (NORIS)
  • School District: Toledo
  • County: Lucas
  • Zoning: 15-40701
  • Utilities: Circuit Breakers
  • Water: Public
  • Sewer: Sanitary Sewer
  • Source: Northwest Ohio Real Estate Information Service (NORIS)

This listing courtesy of Rylan Realty Group Ltd

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Walbridge Elementary School

1245 Walbridge Ave, Toledo, OH, 43609

Grades KG-8

0.27 miles away

W

Walbridge Elementary School

1245 Walbridge Ave, Toledo, OH, 43609

Grades KG-8

0.27 miles away

B

Bowsher High School

2200 Arlington Ave, Toledo, OH, 43614

Grades 9-12

1.28 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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