633 North StSpringfield, OH 45504

For Sale
$105,000

Cash-flowing duplex near hospital, needs repairs.

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Highlights

  • $105,000 asking price for this Springfield, OH multifamily property.
  • Two-unit apartment building.
  • $41.67 price per square foot.
  • Built in 1916, situated on a 5,662.8 sq ft lot.
  • Potential for $4,000 annual cash flow.

Property Details for 633 North St

Property type
Multifamily properties, Apartment buildings
Year Built
1916
Units
2

Location Insight

City
Springfield
County
Clark
State
Ohio
Latitude
39.9276141
Longitude
-83.8222344
633 North St, Springfield, Ohio

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633 North St
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