2295 Ashland AveToledo, OH 43620
- Apartment buildings
- 0.60 AC
Property Details for 2295 Ashland Ave
- Lot size
- 0.60 AC
- Property type
- Apartment buildings
Description
This exceptional 14-unit apartment building presents a compelling investment opportunity in Toledo, Ohio. Located at 2295 Ashland Ave, in the desirable Old West End, this Class C property sits on a 0.604-acre lot and boasts 100% occupancy. Significant capital improvements have been recently completed, including brand new roofs on all buildings, updated electric baseboard heating in every unit (replacing the old central boiler system), renovated porches, and fresh exterior paint. The units themselves have undergone comprehensive renovations throughout. The property's prime location offers easy access to downtown Toledo, major healthcare facilities like Mercy Health St. Vincent's Hospital (a Level 1 Trauma Center), and numerous amenities including Health Partners of Western Ohio, Marathon gas station, USPS, and Dollar General. This fully occupied building represents a strong, stable income stream with the benefit of recent upgrades minimizing future maintenance needs. The asking price is $850,000. This is a rare opportunity to acquire a well-maintained, high-occupancy multifamily property in a thriving Toledo neighborhood. The property is only two miles from Mercy Health St. Vincent's Hospital, a 633 in-patient bed hospital and one of two Level 1 Trauma facilities in Toledo.
Location Insight
- City
- Toledo
- County
- Lucas
- State
- Ohio
- Latitude
- 41.6664
- Longitude
- -83.5537
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