1951 N Summit St, Toledo, OH 43611

This is a 5 unit apartment building, three 2 bedrooms and two 1 bedroom for sale. This building has the potential to expand to 8 total units with room to add 2 basement apartments and a 3rd floor apartment that will need to be remodeled. The home is over 9300 sq. ft. over 3 floors and the basement. Unit's 2, 3 and 5 have been remodel and the plumbing upgraded. Units 1 and 4 have new baths with Pex plumbing. Unit 4 is currently being remodeled. A coin operated laundry with 2 washers and 2 dryers has just been installed in the basement and will add to the cash flow along with a commercial grade water heater. Most of the roof has been replaced and the parking lot and sidewalks were leveled and resurfaced in 2020. The majority of the plumbing has been upgraded with PVC or Pex depending on application. All the units have electric baseboard and two remodeled units have Mr Cool heating and cooling units for low cost utilities. There has been an enormous amount of work done to this property in the past 3 years. Owner will pay buyers fees to realtor!