Seller's Agent in 2023
Leslie Wade
Glasshouse Realty Group LLC
(937) 765-6959
64 in this area
107 Total Sales
351 Ludlow Ave Springfield, OH 45505
6
Beds
4
Baths
2,636
Sq Ft
4,792
Sq Ft Lot
Highlights
- Old World Architecture
- Porch
- Asbestos
- No HOA
- Forced Air Heating System
About This Home
As of August 2023Welcome 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.
Last Agent to Sell the Property
Glasshouse Realty Group LLC License #2015001555 Listed on: 06/23/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 4,792
Parking
- No Garage
Home Design
- Triplex
- Old World Architecture
- Block Foundation
- Asbestos
Interior Spaces
- 2,636 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Natural Gas Connected
Additional Features
- Porch
- 4,792 Sq Ft Lot
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 3400700028213016
- $1,604 Total Annual Tax in 2022
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/29/2023 08/29/23 | Sold | $32,000 | -8.6% | $12 / Sq Ft | |
| 06/25/2023 06/25/23 | Pending | -- | -- | -- | |
| 06/23/2023 06/23/23 | For Sale | $35,000 | +233.3% | $13 / Sq Ft | |
| 01/18/2019 01/18/19 | Sold | $10,500 | -18.6% | $4 / Sq Ft | View Prior Sale |
| 12/28/2018 12/28/18 | Pending | -- | -- | -- | |
| 11/21/2018 11/21/18 | For Sale | $12,900 | -- | $5 / Sq Ft |
Source: Western Regional Information Systems & Technology (WRIST)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,604 | $12,130 | $2,210 | $9,920 |
| 2024 | $1,577 | $21,730 | $1,580 | $20,150 |
| 2023 | $9,362 | $21,730 | $1,580 | $20,150 |
| 2022 | $13,969 | $21,730 | $1,580 | $20,150 |
| 2021 | $1,587 | $21,730 | $1,580 | $20,150 |
| 2020 | $1,587 | $21,730 | $1,580 | $20,150 |
| 2019 | $1,591 | $21,730 | $1,580 | $20,150 |
| 2018 | $1,441 | $19,630 | $1,580 | $18,050 |
| 2017 | $1,450 | $19,625 | $1,575 | $18,050 |
| 2016 | $1,477 | $19,625 | $1,575 | $18,050 |
| 2015 | $1,460 | $19,625 | $1,575 | $18,050 |
| 2014 | $1,628 | $19,625 | $1,575 | $18,050 |
| 2013 | $1,411 | $19,625 | $1,575 | $18,050 |
Source: Public Records
Agents Affiliated with this Home
-
Leslie Wade
-
Olivia Ojeda Herrera
Buyer's Agent in 2023
Olivia Ojeda Herrera
Lagonda Creek Real Estate, LLC
(937) 408-2347
43 in this area
48 Total Sales
-
Jennifer & Ben Webster
J
Seller's Agent in 2019
Jennifer & Ben Webster
Coldwell Banker Heritage
(937) 206-3050
29 in this area
53 Total Sales
-
J
Buyer's Agent in 2019
Jennifer Webster
Real Estate II, Inc.
Map
Source: Western Regional Information Systems & Technology (WRIST)
MLS Number: 1026084
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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