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Property profile & analytics
OFF-MARKET
Apartment buildings

633 North St Springfield, OH 45504

Built 1916
Property ID
Property summary
AI-generated overview

This Springfield, Ohio duplex, located at 633 W North Street, presents a compelling investment opportunity at an asking price of $105,000. Built in 1916, this two-unit apartment building sits on a 5,662.8 square foot lot. The property boasts a price per square foot of $41.67. While the property shows potential for a $4,000 annual cash flow, it requires significant renovations. Specifically, the roof, porch, plumbing, and flooring need attention. Its convenient location within walking distance of a nearby hospital makes it particularly attractive to traveling nurses or other medical professionals. The property's age and required repairs should be factored into any investment analysis. The address is 633 W North Street, Springfield, OH 45504, situated in Clark County. This property is a multifamily investment opportunity with potential for strong returns after necessary improvements are completed. The property's proximity to a hospital offers a distinct advantage in attracting tenants.

Property profile
Verified
Property type Apartment buildings
Year built 1916
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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