1349 S Cove Blvd Toledo, OH 43606
Ottawa NeighborhoodEstimated payment $2,615/month
Highlights
- 8 Car Detached Garage
- Forced Air Heating System
- Carpet
- Storm Windows
- Rectangular Lot
- 1-minute walk to Beatty Park
About This Home
Great investment opportunity near Toledo Hospital. Maintained 8-unit building with strong rental history and value-add potential. Includes 4 standard 1-bed units and 4 efficiency 1-bed units, all separately metered. Features newer windows, on-site caretaker, and room for added income with laundry and basement storage. Projected rents potential could be as high as $74K/year. Many tenants month to month with 2 under leases. Additional documents such as expenses and rents available in the attachments. Easy to view vacant unit and common areas! All others can be seen after under contract.
Listing Agent
J Bowen & Company Brokerage Phone: (419) 250-3186 License #2011002245 Listed on: 05/22/2025
Co-Listing Agent
J Bowen & Company Brokerage Phone: (419) 250-3186 License #2017003094
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 6,434 Sq Ft Lot
- Rectangular Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 7,641 Sq Ft Home
- 2-Story Property
- Carpet
- Basement Fills Entire Space Under The House
Kitchen
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Home Security
- Storm Windows
- Fire and Smoke Detector
Parking
- 8 Car Detached Garage
- Driveway
Schools
- Mckinley Elementary School
- Start High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
- Septic Tank
Listing and Financial Details
- The owner pays for grounds care, insurance, snow removal, sewer, taxes, trash collection, water
- Assessor Parcel Number 06-08814
Community Details
Overview
- 8 Units
- Goodale Park Subdivision
Building Details
- 7 Leased Units
- Operating Expense $14,576
- Net Operating Income $46,624
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/06/2025 06/06/25 | Price Changed | $399,900 | -3.6% | $52 / Sq Ft |
05/22/2025 05/22/25 | For Sale | $415,000 | -- | $54 / Sq Ft |
Source: Northwest Ohio Real Estate Information Service (NORIS)
MLS Number: 6130013

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