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3238 Collingwood Blvd - LARGE GREAT CONDITION 12 CAP QUADPLEX 4 Unit Apartment Building Offered at $286,077 CAD at a 12% Cap Rate Toledo, OH 43610

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INVESTMENT HIGHLIGHTS

  • High Cash Flow Upside – In-place rents of $2,100/month with pro forma potential of $3,300/month, supporting a projected 12% cap rate
  • Prime Collingwood Corridor Location – High-demand rental area with consistent occupancy and long-term investor appeal
  • Oversized 6,500 SF Quadplex – Four large units in solid condition, offering durability, scale, and strong tenant appeal

EXECUTIVE SUMMARY

6,500 SQ FT QUADPLEX • STRONG CASH FLOW • 12% PRO FORMA CAP
Investors—don’t miss this oversized 6,500 sq ft quadplex in great condition on the beautiful Collingwood corridor. The property features four spacious units with strong rental demand and immediate upside.
Current rents total $2,100/month, with pro forma rents reaching $3,300/month, delivering an impressive 12% cap rateat the asking price.
This is a rare opportunity to secure a large, well-maintained building with significant cash-flow potential.
Asking Price: $209,000
Serious buyers contact for full unit details, financials, and showings.

PROPERTY FACTS

Price $286,077 CAD
Price Per Unit $71,519 CAD
Sale Type Investment
Cap Rate 12%
Gross Rent Multiplier 99.5
No. Units 4
Property Type
Multifamily
  • Multifamily Apartments
  • Office Office Residential
Building Size 6,524 SF
Average Occupancy 100%
No. Stories 2
Year Built 1902
Opportunity Zone Yes

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 1 - -
2+1 2 - -
2+1.5 3 - -
2+1.5 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-24114
Land Assessment
$7,713 CAD
Improvements Assessment
$22,756 CAD
Total Assessment
$30,469 CAD
  • Listing ID: 38928157

  • Date on Market: 2025-12-30

  • Last Updated:

  • Address: 3238 Collingwood Blvd, Toledo, OH 43610

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