Courtesy: Coldwell Banker Heritage
937-859-0000
Unique investment opportunity in the heart of Springboro downtown district! Formerly operated as a hotel, this property is currently configured and used as a multifamily investment property with excellent income and expansion potential. The property currently features two functioning units with the possibility for four additional units, offering a rare opportunity for investors looking to maximize value and future cash flow. Situated in a highly desirable location near downtown amenities, shops, restaurants, and entertainment, this property offers endless possibilities for redevelopment, renovation, or long-term investment. One unit was recently vacated, providing added flexibility for future plans. Offered at $300,000.
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Springboro is located in Ohio. Springboro, Ohio has a population of 18,831. Springboro is more family-centric than the surrounding county with 43.16% of the households containing married families with children. The county average for households married with children is 37.57%.
The median household income in Springboro, Ohio is $111,538. The median household income for the surrounding county is $95,709 compared to the national median of $69,021. The median age of people living in Springboro is 36.6 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 21.2 degrees. The average rainfall is approximately 40.1 inches per year, with 12.2 inches of snow per year.
