Great opportunity to own a 3-unit (triplex) in a convenient area of Maumee! This unique property offers strong income potential with projected rents of approximately $2,700-$2,900 per month once fully occupied. Currently, one unit is occupied on a month-to-month basis, with the tenant expected to sign a new lease beginning 5/1. Seller is open to continuing the tenancy on a month-to-month basis, and there is a potential for the current tenant to transfer into the 2-story unit. Lease terms and occupancy arrangements are flexible; if buyer prefers a specific occupancy structure, please indicate in the purchase agreement. The remaining units are ready to be leased, offering immediate upside for the next owner. The layout offers a versatile mix of units. Unit 1 is a spacious 2-story townhome featuring approximately 1,000+ sq ft with 2 bedrooms, a bonus room (or potential 3rd bedroom), and washer/dryer hookups. Also on the main floor is a roomy 2-bedroom unit with built-in shelving throughout. The upper unit offers a spacious 1-bedroom layout with an additional bonus room. Appliances stay, and the property features a durable metal roof along with updates throughout. Off-street parking and a detached garage add convenience. Sewer has been inspected and certified through 2029 per Maumee requirements, offering added peace of mind. Located in the desirable Maumee School District, this property is ideal for investors or owner-occupants looking to offset their mortgage with rental income. Easy to show; vacant units available and occupied unit requires notice.
Listed By
Agency Name: J Bowen & Company
Agency Phone: 419-239-6046
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimated Payment
$ 1,471.35 per month $1,398.43 Principal & Interest $0.00 Property Tax (data not provided by mls) $72.92 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
506 W Wayne Street | MLS# 10006106
This multi-family property located at 506 W Wayne Street, Maumee, OH 43537 is currently listed for sale with an asking price of $250,000. W Wayne Street is located within the Maumee school district. Search Maumee real estate on www.ikeyrealty.com today.