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(419) 320-2129
Real Estate Company
1819 Garden Ridge Dr, Toledo, OH 43614
- $1,750,000
- 46
- BD
- 2,716
- SqFt
- Sold Price
- $1,750,000
- List Price
- $1,875,000
- Closing Date
- May 29, 2026
- MLS#
- 10004923
- Property Type
- Multifamily
- Bedrooms
- 46
- Sqft. of Residence
- 2,716
- Status
- CLOSED
- County
- Lucas
- Year Built
- 1963
Property Description
The seller purchased this property in 2022. Prior ownership had neglected the asset and made no reinvestments. Since acquisition, the current owner has invested approximately $378,00 in higher-than-normal maintenance costs and has required substantial capital improvements, including unit renovations, new appliances, updated flooring and carpeting, HVAC replacements, Roof and siding upgrades, and other enhancements. To date 15-17 of the 32 units have been renovated since 2022. This creates an opportunity for a new buyer to complete the remaining improvements and realize the property's full potential.
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Additional Information
- Cooling
- Ductless, Electric, Window/Wall
- Elementary School
- Glendale - Feilbach
- Foundation
- Slab
- Heating
- Forced Air, Natural Gas
- High School
- Bowsher
- Living Area
- 2,716
- Parking Spaces
- 32
- Possession
- Subject To Tenant Rights
- Roof
- Shingle
- School District
- Toledo
- Sewer
- Public Sewer
- Subdivision
- Glendale Gardens
- Terms
- Conventional
- Utilities
- Other
- Water
- Public
- Year Built
- 1963
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Listing courtesy of Listing Agent: Bruce A. Smenner (bruce@danberry.com) from Listing Office: The Danberry Co..
Selling Office: .