Excellent investment opportunity in Toledo! This all-brick 6-unit apartment building offers strong upside, with current rents significantly below market and multiple ways to increase income. Two units are currently operated as furnished Airbnbs, each generating approximately $1,200 per month and backed by very strong rental histories, showing the potential to expand the short-term rental model to additional units. The property includes a mix of unit layouts, including one 1-bedroom/1-bath unit, and also features coin-operated laundry that brings in approximately $155 per month in additional income. With solid brick construction, proven furnished Airbnb performance, below-market rents, and multiple income streams, this property is ideal for an investor looking to add value, increase cash flow, and build long-term equity through rent increases, expanded short-term rental use, or continued multifamily operation.
Listed and Shown By
Agency Name: Key Realty
Agent Name: Keith Degnan
Agent Phone: (419) 345-7808
Estimated Payment
$ 2,177.00 per month $2,069.12 Principal & Interest $0.00 Property Tax (data not provided by mls) $107.89 Homeowner's Insurance
1356 N Cove Boulevard | MLS# 10008660
This multi-family property located at 1356 N Cove Boulevard, Toledo, OH 43606 is currently listed for sale by Key Realty, with an asking price of $369,900. N Cove Boulevard is located within the Toledo school district. Search Toledo real estate on keithdegnan.ikeyrealty.com today.