505 Ludlow RdBellefontaine, OH 43311

This charming Bellefontaine, Ohio duplex presents a compelling investment opportunity. Located at 505 Ludlow Road, this 1900-built property, renovated in 1986, sits on a spacious 9,147.6 square foot lot. The property features two mirror-image units, each boasting one bedroom, one bathroom, a living room, kitchen, and laundry room. One unit currently commands a monthly rent of $750, inclusive of water, sewer, and trash services. Each unit is equipped with its own gas water heater and furnace, ensuring independent utility management. Recent updates include new gas water heaters installed in 2019 in both units, and a new breaker box in Unit 505. The asking price is $154,900, translating to $89.02 per square foot. While inspections are encouraged, the seller will not be making any repairs. This property is being sold "as is". This presents a strong cash flow potential for savvy investors seeking a multifamily property in a desirable Ohio location. The property's size and layout offer flexibility for potential future improvements or upgrades. Don't miss this chance to acquire a solid income-generating asset in a stable market.