1951 Summit St, Toledo, OH

Name: 1951 Summit St, For Sale in Toledo - Zoocasa
Brand: key realty
SKU: 10004680
Price: 239900 USD

Condo

For Sale

Listed price in listed location currency (USD).

$239,900

806

MLS® 10004680

Overview

Key Facts

Type Apartment

Levels Residential Income

Size 9304 sqft

Garage No

Maintenance Fees

Taxes

Days Active 4

Approx. Age 1900

Avg. Price Per Sqft $25

MLS® Number 10004680

Property Address: 1951 Summit St, Toledo, OH, 43611-3770

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity with this five-unit apartment building offering strong income and upside potential. Four units are currently rented, generating $2, 725 per month, with a fifth unit being refurbished and projected to rent for $1, 000 upon completion. Additional income from on-site coin laundry is not included in the current figures, providing even more revenue potential. Most tenants are long term, and all units have been remodeled in recent years, minimizing immediate capital expenses. The parking lot has been recently redone and offers ample space for residents and guests. Approximately 6, 200 of the 9, 300 square feet is finished, leaving significant opportunity to expand—potentially converting the remaining space to create a 6-8 unit building. A solid, income-producing property with tremendous value-add potential! Vacant unit is available for showings and other units available with an accepted offer.

MLS® Number10004680

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelCommon Area, In Basement, Coin Laundry

Exposure

Exterior

GarageNo

Approx. Age1900

Stories3

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 3, 2026List Date

$239,900List Price

Map

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