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Key Details
Sold Price $32,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,636 sqft
Price per Sqft $12
Subdivision Ludlow Add
MLS Listing ID 1026084
Sold Date 08/29/23
Style Old World
Bedrooms 6
Full Baths 4
Year Built 1900
Annual Tax Amount $1,602
Tax Year 2022
Lot Size 4,791 Sqft
Lot Dimensions 50*100
Property Description
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.
Location
State OH
County Clark
Area 013 S Of Main / E Of Limestone
Zoning Residential
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air
Cooling Wall Unit(s)
Exterior
Exterior Feature Asbestos
Garage No Garage
Utilities Available Natural Gas Connected, Sewer Connected
Building
Foundation Block
Sewer Public Sewer
Water Supplied Water
Level or Stories Two
Schools
School District 1206 Springfield Csd
Others
Ownership Non-Occupant
Financing Cash
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Bought with Lagonda Creek Real Estate, LLC