Closed
$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
Explore your selling options
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#: 1026084
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
| Date | Event | Price |
|---|---|---|
| 2/15/2024 | Listing removed | -- |
Source: | ||
| 1/5/2024 | Listed for sale | $35,000+9.4%$13/sqft |
Source: | ||
| 8/29/2023 | Sold | $32,000-8.6%$12/sqft |
Source: | ||
| 6/25/2023 | Pending sale | $35,000$13/sqft |
Source: | ||
| 6/25/2023 | Listed for sale | $35,000+233.3%$13/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 45505
Nearby schools
GreatSchools rating
- 6/10Mann Elementary SchoolGrades: K-6Distance: 1 mi
- 4/10Schaefer Middle SchoolGrades: 7-8Distance: 1 mi
- 3/10Springfield High SchoolGrades: 9-12Distance: 2.4 mi
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
