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1351 Felt St 8 Unit Apartment Building $487,059 CAD ($60,882 CAD/Unit) Toledo, OH 43605
EXECUTIVE SUMMARY
INVESTMENT HIGHLIGHTS
8-unit stabilized property delivering strong, immediate cash flow
Turnkey condition – multiple units recently renovated
Updated kitchens, baths, flooring, mechanicals, and common areas
Solid tenant base with consistent rent collections
High-demand rental area near jobs, transit, and amenities
Opportunity to increase rents as remaining units are upgraded
Ideal for passive and out-of-state investors
8-unit stabilized property delivering strong, immediate cash flow
Turnkey condition – multiple units recently renovated
Updated kitchens, baths, flooring, mechanicals, and common areas
Solid tenant base with consistent rent collections
High-demand rental area near jobs, transit, and amenities
Opportunity to increase rents as remaining units are upgraded
Ideal for passive and out-of-state investors
PROPERTY FACTS
| Price | $487,059 CAD | Building Class | C |
| Price Per Unit | $60,882 CAD | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 4,670 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1960 |
| Apartment Style | Low-Rise | ||
| Zoning | 10-RS6 - Designed for single-family residential use, with specific regulations on lot size, building height, and to ensure a harmonious community. | ||
| Price | $487,059 CAD |
| Price Per Unit | $60,882 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,670 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1960 |
| Zoning | 10-RS6 - Designed for single-family residential use, with specific regulations on lot size, building height, and to ensure a harmonious community. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
- Porch
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Smoke Free
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 03-26321 | Improvements Assessment | $42,068 CAD |
| Land Assessment | $26,353 CAD | Total Assessment | $68,421 CAD |
PROPERTY TAXES
Parcel Number
03-26321
Land Assessment
$26,353 CAD
Improvements Assessment
$42,068 CAD
Total Assessment
$68,421 CAD
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1351 Felt St
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