$112,390

440 Somerset Street, Toledo, OH 43609

3 beds |
3 baths |
1,680 sqft

Single-Family Home
Built in 1923
6,098sqft lot
1 car garage
$67/sqft
Listed 2 months ago

Property Description

This property is being sold as part of an 82-unit portfolio. In place cap is 8.0%, pro forma cap is ~10.5%, NOI is $541K, 95.1% occupancy. Portfolio asking price is $6.76M. See attachment for list of all addresses. The 82-unit portfolio can also be acquired in one of five suggested sub-portfolios. The sub-portfolio including this property contains 1413 Colburn, 1537 Remington, 1840 Talbot, 1912 Greenwood, 2074 Price, 26 Magyar, 3256 Jeannette, 4228 N. Lockwood, 4321 Burnham, 4345 Burnham, 440 Somerset, 551 Spencer, 560 Williamsville, 615 Cuthbert, and 729 Lodge for $1.56M.

Listing Status:: Active
Date Added:: September 25, 2025 at 05:00AM
Listing Office:: Rylan Realty Group Ltd : 419-887-1717
MLS ID:: 6136376

Appliances: Water Heater
Basement: Full
A/C: Central Air
Heating: Forced AirNatural Gas

Other Structures: Enclosed Porch
Parking: AsphaltDetached GarageDrivewayParking spaces: 1

Roofing: Shingle
General: Aluminum SidingSteel SidingOne and One Half

Originating MLS: Northwest Ohio Real Estate Information Service (NORIS)
School District: Toledo
County: Lucas

Zoning: 05-16577

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

Burroughs Elementary School

2420 South Ave, Toledo, OH, 43609

Grades KG-8

0.53 miles away

Arlington Elementary School

707 Woodsdale Ave, Toledo, OH, 43609

Grades KG-8

0.50 miles away

Bowsher High School

2200 Arlington Ave, Toledo, OH, 43614

Grades 9-12

0.59 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.