336 Batavia St 12 Unité Immeuble d’appartements 677 702 $ CAD (56 475 $ CAD/Unité) Toledo, OH 43620

The Claravon Building at 336 Batavia Street presents a 12-unit apartment building with a potential 13th efficiency unit, located near Toledo’s Old West End and Downtown. Built in 1924, this three-story brick structure sits on a 0.23-acre lot and offers a mix of historic character and modern updates. The property features a rubber membrane roof, updated electrical panels (100 amps), separate gas and electric meters for each unit, and a basement with mechanical systems and laundry facilities.
The building comprises twelve one-bedroom, one-bath units, with numerous updates including HVAC, water heaters, cosmetic improvements, and appliances. Current gross rental income is approximately $7,500 per month, with upside potential as rents remain below market. Additional amenities include coin-operated laundry (via third-party vendor) and fire suppression in the basement.
Situated in a multi-family zoning district (10-RM 36), the property benefits from proximity to major roadways, employment centers, and cultural attractions. With a strong rental base and opportunities for value-add improvements, this asset offers investors a stable income stream and long-term growth potential in a well-established neighborhood.