14 days on rocket

Backup Offers

1125 W Sylvania Ave, Toledo, OH, 43612

$599,900

Home List Price

$7,124*

Closing Credit

0 Baths
13,792 SqFt
$44/SqFt
Multi
Schools Nearby

Location

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1125 W Sylvania Ave, Toledo$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingDetached, Garage, Parking Lot, Shared Driveway
Year Built1927
HeatingHot Water, Natural Gas
CoolingNone
BasementYes
MLS #6115316
Lot Size0.19 Acres
StatusAccepting Backup Offers
(Contingent)

About 1125 W Sylvania Ave

Cash-flowing property w/ ZERO real estate TAXES. This mix-use investment property offers a unique opportunity with 3 commercial units and 9 residential units. Take advantage of the CRA tax abatement granted to this property and let the absence of real estate taxes significantly boost your net income, enhancing the property's overall return on investment. Conveniently located next to all major highways, ProMedica Toledo Hospital, Jeep Assembly Plant, Dana Toledo, Driveline and much more. 3-car & 2-car garage w/ additional lot provide for ample amount of parking. Two parcels included in sale.

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Stories: 3
  • Living Area: 13,792 SqFt

Listing Office:

  • Office Name: Key Realty LTD
  • Office Phone: (567) 277-2402

Interior Features

Interior Information:

  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Basement: Yes
  • Interior: None

Exterior Features

Parking Information:

  • Parking: Detached, Garage, Parking Lot, Shared Driveway

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Start High School, Public District Grades 9-12
  • Toledo Technology Academy High School, Public District Grades 9-12
  • Toledo Early College High School, Public District Grades 9-12
  • Whittier Elementary School, Public District Grades KG-8
  • Old West End Academy Elementary School, Public District Grades KG-8
  • Grove Patterson Academy Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Sylvania & Drexel.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,900
  • Price Per SqFt: $44/SqFt

Tax Information:

  • Annual Amount: $1,358
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Toledo, OH.

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Toledo, OH

City

Med. Sold Price

$124.9K

Med. Price/SqFt

$99

Avg. Days On Market

63

# of Sold Homes

257

1125 W Sylvania Ave vs Toledo

14 DAYS ON ROCKET

-49 Days

$599,900

+$474.9K More

$44/SqFt

-$55 Less

KEY TAKEAWAY

This property is $474.9K more than the Median Sold Price and $55/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: #6115316

Listing Office:

  • Office Name: Key Realty LTD
  • Office Phone: (567) 277-2402

IDX 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: 6/1/2024, 6:20:37 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

YEARPROP. TAXASSESSMENT
2020$1,358$9,800
2019$1,327$9,800
2018$390$9,800
2017$10,212$52,605

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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.

Middle School

school-card-donut-6155565
3
/10

  • Whittier Elementary School

  • 4221 Walker Ave

  • 0.36 miles

  • Public District Grades KG-8

school-card-donut-6155566
4
/10

  • Old West End Academy Elementary School

  • 3131 Cambridge St

  • 1.14 miles

  • Public District Grades KG-8

school-card-donut-6155567
7
/10

  • Grove Patterson Academy Elementary School

  • 3020 Marvin Ave

  • 2.62 miles

  • Public District Grades KG-8

High School

school-card-donut-6155568
2
/10

  • Start High School

  • 2010 Tremainsville Rd

  • 1.33 miles

  • Public District Grades 9-12

school-card-donut-6155569
8
/10

  • Toledo Technology Academy High School

  • 3301 Upton Ave

  • 1.37 miles

  • Public District Grades 9-12

school-card-donut-6155570
9
/10

  • Toledo Early College High School

  • 2225 Nebraska Ave

  • 3.70 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,763. Typical income of Toledo, OH residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Lucas County›Toledo›43612›1125 W Sylvania Ave

This home is located at 1125 W Sylvania Ave in Toledo, OH and zip code 43612 in the Five Points neighborhood. This 13,792 square foot home, which was built in 1927, sits on a 0.19 acre lot. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $599,900.

In April 2024, from all listings sold in Toledo, OH there were more than 121 sold above asking price, over 104 sold below and more than 30 were sold right at the asked price. The number of listings in Toledo, OH increased by 7.9% between March 2024 and April 2024. Listings spent 63 days on the market in April 2024, and had a median list price of $124,966 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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