1356 N Cove Boulevard, Toledo, OH 43606 (MLS # 10008660)
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Excellent investment opportunity in Toledo! This all-brick 6-unit apartment building offers strong upside, with current rents significantly below market and multiple ways to increase income. Two units are currently operated as furnished Airbnbs, each generating approximately $1,200 per month and backed by very strong rental histories, showing the potential to expand the short-term rental model to additional units. The property includes a mix of unit layouts, including one 1-bedroom/1-bath unit, and also features coin-operated laundry that brings in approximately $155 per month in additional income. With solid brick construction, proven furnished Airbnb performance, below-market rents, and multiple income streams, this property is ideal for an investor looking to add value, increase cash flow, and build long-term equity through rent increases, expanded short-term rental use, or continued multifamily operation.
| DAYS ON MARKET | 8 | LAST UPDATED | 6/3/2026 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1951 |
| COUNTY | Lucas | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| Elementary School | McKinley |
|---|---|
| Jr. High School | None |
| High School | Start |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Washer, Water Heater |
| CONSTRUCTION | Brick |
| HEAT | Forced Air, Natural Gas |
| INTERIOR | Entrance Foyer |
| LOT | 6534 sq ft |
| LOT DESCRIPTION | Irregular Lot |
| LOT DIMENSIONS | 83X84 |
| PARKING | Additional Parking, Off Street, Oversized, Parking Lot |
| SEWER | Public Sewer |
| STORIES | 3+ |
| SUBDIVISION | None |
| UTILITIES | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Sewer Available |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Source MLS: MiRealSource
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