633 North St Springfield, OH 45504
- Apartment buildings
Current Use by Public Records
- Apartment buildings
Property Details for 633 North St
- Year built
- 1916
- Property type
- Apartment buildings
- Property subtype
- Small apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Clark
- State
- Ohio
- Longitude
- -83.8222
- Latitude
- 39.9276
