2044 Fulton StToledo, OH 43620

For Sale
$499,000

Historic Toledo apartment complex, prime location, investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 45-unit apartment building, located at 2044 Fulton St, Toledo, OH 43620, presents a compelling investment opportunity. The property, known as Kenmore Manor, is a Class A, six-story building totaling 33,732 square feet, constructed in 1923. Currently vacant, this multifamily property offers a unique chance to restore a historic Toledo landmark. With a list price of $499,000, the price per unit is $11,088.89, and the price per square foot is $14.79. The property is zoned Multi-Family Residential-36 and sits on APN 0724067. Its central location in Downtown Toledo provides easy access to the Old West End, Toledo Art Museum, and St. Vincent Medical Center. The building's ground floor presents potential for retail development. Furthermore, its location within an Opportunity Zone offers significant tax incentives for investors. This is an affordable multifamily investment with considerable upside potential. The property's rich history and prime location make it an ideal candidate for revitalization and a strong addition to any investment portfolio.

Highlights

  • Price Reduction!
  • Multifamily property offering strong value.
  • Located in an Opportunity Zone, providing significant tax advantages.
  • Excellent central location.
  • Ground floor retail space available.
  • Historic building.

Property Details for 2044 Fulton St

Property type
Multifamily properties, Apartment buildings
Square Feet
33,732 SF
Class
A
Year Built
1923
Stories
6
Units
45

Location Insight

City
Toledo
County
Lucas
State
Ohio
Latitude
41.661922409882
Longitude
-83.550167619663
2044 Fulton St, Toledo, Ohio

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2044 Fulton St
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