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  • $32,000

    351 Ludlow Ave, Springfield, OH 45505

    6beds
    2,636sqft
    Triplex
    Built in 1900
    -- sqft lot
    $126,800 Zestimate®
    $12/sqft
    $1,174 Estimated rent

    Home value

    $126,800

    $90,000 - $171,000

    $1,174/mo

    Zestimate® history
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    Owner options

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    $1,174/mo

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    $1,174/mo

    Rent Zestimate®

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    $166/mo

    Est. payment

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    $166/mo

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    What's special

    Welcome to this fantastic multiplex property with great investment potential! This multiplex offers a total of four units, making it an ideal opportunity for investors seeking a cash flow property. With two spacious 2-bedroom, 1-bathroom units and two cozy 1-bedroom, 1-bathroom units, this property caters to a variety of tenants, ensuring a steady stream of rental income. While the property currently requires an overhaul, this presents an excellent opportunity for investors to add value and maximize their returns. Whether you're a seasoned investor or a savvy developer, this summer project offers the potential to transform this property into a profitable asset. Please note that this listing is available for cash buyers or those with access to construction loans, as financing options may be limited due to the property's current condition. However, the investment potential and future cash flow make this property an attractive prospect for those willing to put in the effort. Don't miss out on this exciting investment opportunity. Take advantage of the summer season and turn this multiplex into a cash flow property that will generate substantial returns for years to come. Contact us today to schedule a viewing and explore the endless potential of this multiplex gem.

    Zillow last checked: 8 hours ago

    Listing updated: September 21, 2024 at 09:22pm

    Listed by:

    Leslie Wade 614-778-8503,

    Coldwell Banker Heritage

    Bought with:

    Olivia Ojeda Herrera, 2019003630

    Lagonda Creek Real Estate, LLC

    Source: WRIST,MLS#: 1026084MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Wall Unit(s)
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,636
    • Total interior livable area: 2,636 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch
    Lot
    • Size: 4,791 sqft
    • Dimensions: 50*100
    • Features: Residential Lot
    Details
    • Parcel number: 3400700028213016
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Old World
    • Property subtype: Triplex
    Materials
    • Asbestos
    • Foundation: Block
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Supplied Water
    • Utilities for property: Natural Gas Connected, Sewer Connected

    Community & neighborhood

    Location
    • Region: Springfield
    • Subdivision: Ludlow Add

    Other

    Other facts
    • Listing terms: Cash

    Price history

    DateEventPrice
    2/15/2024Listing removed--
    Source: Coldwell Banker Heritage Realtors #1026084
    1/5/2024Listed for sale$35,000+9.4%$13/sqft
    Source: Coldwell Banker Heritage Realtors #1026084
    8/29/2023Sold$32,000-8.6%$12/sqft
    Source: WRIST #1026084
    6/25/2023Pending sale$35,000$13/sqft
    Source: WRIST #1026084
    6/25/2023Listed for sale$35,000+233.3%$13/sqft
    Source: WRIST #1026084

    Public tax history

    Tax history is unavailable.

    Neighborhood: 45505

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $126,800
    2% more+ $2,536
    With Zillow Showcase(estimated)
    $129,336