353 Kenilworth Ave

Toledo's Old West End is a National Register historic district recognized as the largest remaining collection of late Victorian and Edwardian architecture in the country and is adjacent to the Toledo Museum of Art. The neighborhood carries a Walk Score of 53, Toledo's 7th most walkable area, with easy access to downtown Toledo and Toledo Public Schools.10,824 SF, 6-unit apartment building situated on 0.1207 acres in Toledo's Old West End. Unit makeups consist of four 3 bed one bath units, and two 2 bed one bath units. The neighborhood provides ease of access to downtown Toledo, Museum of Art and is serviced by Toledo Public Schools. Built in 1909 and renovated in 2024 Recent renovations include, roof, improved common areas, wood flooring, apartment entry doors, and pluming/electrical upgrades in most units. Currently 50% occupied, offering immediate upside through lease-up. The proforma indicates a 15.95% cap rate once units have been stabilized.