131133 E Southern Avenue, Springfield, OH 45505
131133 E Southern Avenue, Springfield, OH 45505
131133 E Southern Avenue, Springfield, OH 45505
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Ashley Sanders

Ashley Sanders

+1(614) 769-1910
Listed by Arthur Solomon Coldwell Banker Heritage
$134,900
Est. payment /mo
6 Beds
3 Baths
3,242 SqFt
Save Virtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,242 sqft

Price per Sqft $41

Subdivision Arthur Cole

MLS Listing ID 1047879

Bedrooms 6

Full Baths 3

Year Built 1890

Tax Year 2025

Lot Size 871 Sqft

Lot Dimensions 0.02

Source Western Regional Information Systems & Technology (WRIST)

Property Description

SPACIOUS, RENOVATED SIDE-BY-SIDE DOUBLE WITH 7 BEDROOMS, 3 FULL BATHS AND ESTIMATED GROSS RENTAL POTENTIAL OF $2,400 PER MONTH. Offering approximately 3,242 square feet, 131 E Southern features 4 bedrooms and 2 full baths, while 133 E Southern offers 3 bedrooms and 1 full bath. The 133 side has been completely remodeled with a new kitchen, new bathroom, new flooring throughout, fresh paint, new doors, LED lighting, switches and outlets. The 131 side has also undergone substantial improvements.

Major capital items have already been addressed, including a brand-new roof, two high-efficiency furnaces, vinyl windows throughout, separate 100-amp electrical service for each unit, and separately metered gas and electric. Exterior improvements include fresh paint and repairs to the aluminum siding. Both units offer tall ceilings, spacious rooms, covered front porches and backyard access. With no tenants above or below, the side-by-side layout provides added privacy.

Estimated market rents are $1,250 for the 4-bedroom, 2-bath unit and $1,150 for the renovated 3-bedroom, 1-bath unit, creating potential gross income of $28,800 annually. Owner pays water; occupants pay separately metered gas and electric. An excellent opportunity for an investor seeking a substantially improved rental or an owner-occupant looking to offset the mortgage with income from the adjoining unit. Conveniently located near South Limestone Street, downtown Springfield and I-70.

Location

State OH

County Clark

Community Arthur Cole

Area 0.02

Zoning Residential

Direction From i70 , get on State Route 4 to W North St. Turn right onto S Limestone. Turn left onto E Southern Ave.

Rooms

Basement Unfinished

Interior

Heating Forced Air, Natural Gas

Heat Source Forced Air, Natural Gas

Exterior

Exterior Feature Vinyl Siding

Parking Features No Garage

Building

Lot Description Residential Lot

Sewer Public Sewer

Water Supplied Water

Schools

High Schools 1206 Springfield Csd

School District 1206 Springfield Csd

Others

Tax ID 3400700034420007

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Virtual Tour https://www.propertypanorama.com/instaview/wrist/1047879

Read Less Info

Nearby Locations

GET MORE INFORMATION

Ashley Sanders

Ashley Sanders

+1(614) 769-1910

Agent | License ID: SAL.2021008495

Agent License ID: SAL.2021008495

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ashley Sanders, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.