For Sale
$290,000

411 Limestone StSpringfield, OH 45505

Six-unit apartment building, strong rental income.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a well-maintained six-unit apartment building situated in Springfield, Ohio's historic district at 411 S Limestone Street, zip code 45505. Built in 1900, this property boasts a substantial lot size of 6,098.4 square feet and offers a compelling blend of classic charm and modern income potential. The building comprises four efficient studio apartments and two one-bedroom units, generating a consistent monthly income of $3,200. The asking price is $290,000, translating to a price per square foot of $82.72. Adding to the property's appeal is a detached three-car carport, providing ample parking for residents. This property is ideally suited for investors seeking a stable, income-producing asset in a desirable location. The property's location within the historic district offers both aesthetic appeal and potential for future appreciation. This turnkey investment requires minimal effort to maintain its current high occupancy rate and strong cash flow. Detailed financial records are available upon request. Don't miss this chance to acquire a valuable piece of Springfield real estate.

Highlights

  • Six-unit apartment building in Springfield, OH's historic district.
  • Located at 411 S Limestone Street, zip code 45505.
  • Built in 1900, 6,098.4 sq ft lot.
  • Four studio and two one-bedroom units.
  • $3,200 monthly income, $290,000 asking price ($82.72/sq ft).
  • Includes a detached three-car carport.

Property Details for 411 Limestone St

Property type
Apartment buildings, Small apartment buildings
Year Built
1900
Units
6

Location Insight

City
Springfield
County
Clark
State
Ohio
Latitude
39.9193379
Longitude
-83.8092277
411 Limestone St, Springfield, Ohio

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411 Limestone St
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