305 N Broadway Street, Spencerville, OH

Name: 305 N Broadway Street, For Sale in Spencerville - Zoocasa
Brand: Superior Plus Realtors
SKU: 309292
Price: 215000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$215,000

430

MLS® 309292

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size -

Garage No

Taxes $1,540

Days Active 27

Lot Size

Approx. Age

MLS® Number 309292

Property Address: 305 N Broadway Street, Spencerville, OH, 45887

Average square foot calculated using Size range provided by listing agent.

Description

High-Yield Investment Opportunity! Secure an immediate high-return addition to your portfolio with this versatile three-unit rental property. This well maintained property is an absolute powerhouse for income seekers, generating nearly $30, 000 in annual net income through its established rental history. Ideally suited for a long-term ''buy and hold'' strategy, and uniquely features permissive industrial zoning, providing a rare layer of flexibility and long-term land value that is difficult to find in standard residential investments. The primary structure is substantial, offering a spacious 1, 283 square feet on the first floor and 909 square feet on the upper level. Currently configured as a three-unit rental, the layout includes four bedrooms and three full bathrooms. Tenants will appreciate the varied outdoor living spaces, including a 281-square-foot open masonry porch, multiple wood decks, and two enclosed porches. In addition to the main units, the property includes a 360-square-foot detached frame garage that offers secure in-demand storage for tenants. This is a prime opportunity to acquire a cash-flowing asset, with industrial zoning that paves the way for future growth and specialized use cases in the heart of Spencerville.

MLS® Number309292

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageNo

Approx. Age

Basement

DrivewaySee Remarks

Garage Spaces0

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jan 26, 2026List Date

$215,000List Price

Map

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