411 Limestone St Springfield, OH 45505
- Parking lots & garages
- 0.31 lot acres
Current Use by Public Records
- Parking lots & garages
Property Details for 411 Limestone St
- Lot size
- 0.31 lot acres
- Property type
- Parking lots & garages
- APN
- 340-07-00035-304-017
- APU
- 3400700035304017
Description
This exceptional investment opportunity presents a well-maintained six-unit apartment building situated in Springfield, Ohio's historic district at 411 S Limestone Street, zip code 45505. Built in 1900, this property boasts a substantial lot size of 6,098.4 square feet and offers a compelling blend of classic charm and modern income potential. The building comprises four efficient studio apartments and two one-bedroom units, generating a consistent monthly income of $3,200. The asking price is $290,000, translating to a price per square foot of $82.72. Adding to the property's appeal is a detached three-car carport, providing ample parking for residents. This property is ideally suited for investors seeking a stable, income-producing asset in a desirable location. The property's location within the historic district offers both aesthetic appeal and potential for future appreciation. This turnkey investment requires minimal effort to maintain its current high occupancy rate and strong cash flow. Detailed financial records are available upon request. Don't miss this chance to acquire a valuable piece of Springfield real estate.
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
- -83.8075
- Latitude
- 39.9297
- CBSA code
- 44220
- CBSA name
- SPRINGFIELD, OH METROPOLITAN STATISTICAL AREA
