Welcome to the multifaceted investment opportunity at 201 E Lima St, Findlay, OH, 45840. This property is a savvy investor's dream, featuring a triplex of units A, B, and C, each with its unique charm and earning potential. With two of the three units already generating substantial rental income—unit A at $900 and unit C at $1,100 per month—and the seller-occupied unit B primed to rent for $900, this is a turnkey operation ready for cash flow. Unit A, positioned on the main floor, boasts luxury vinyl flooring and a suite of modern conveniences, including a refrigerator, electric stove, and a new vent-less washer/dryer. Its bedroom is complemented by a walk-in shower bathroom, with soft-close cabinets, GFCI outlets, and laminate countertops that add to the unit's practical elegance. Unit B, also on the main floor, features a decorative fireplace, plush carpeting in the living area and bedroom, with luxury vinyl in the kitchen. The kitchen itself is a vision of convenience with ample storage and a covered back porch that beckons for relaxation. The bathroom is finished with a walk-in shower and a stylish vanity, elevated by luxury vinyl flooring. The second-story Unit C is a spacious retreat with 2 bedrooms and 1 bath. It offers an updated kitchen equipped with a gas stove, refrigerator, garbage disposal, and an expansive living room accented with built-in storage. Laminate and vinyl flooring provide durability and ease of maintenance. Each unit is fitted with gas forced heat, and the tenants are responsible for their electric and gas bills. The owner thoughtfully covers water expenses, enhancing tenant appeal. With 3 gas water heaters located in the basement, practicality is at the heart of this triplex. Whether you're an investor seeking immediate cash flow or a buyer looking to reside in one unit while leasing the others, 201 E Lima St presents a unique and profitable venture. Don't miss out on this exceptional Findlay, OH.
Seller pays for water and sewer. All tenants are month to month. Barn in the back has 5 units and only one is occupied. Occupied unit has a lift and the tenant pays $125/month. Several of the barn units have concrete pad. Please allow for roughly 24 hours before showing. Seller is also selling 432 W Front St and 219 Hurd Ave.
Quality built all brick duplex in beautiful south end setting. This duplex is well maintained and cared for. A detached two car garage provides a separate garage space for each tenant.
Well maintained muti family property consisting of 3 units. 1 commercial unit and 2 residential. Commercial unit has 7 office spaces and rent is $750 . Tenant pays gas and electric. Both apartments consist of 2 bedrooms , 1 bath and ample living space. Upstairs apartment rents for $650., downstairs apartment rents for $750 and both tenants pay electric. Landlord pays gas, water, trash, and lawn care.
Nine - unit income producing property on three parcels housed within three structures. NOI 43K per year. First location has five apartments , second is a single family, third is a triplex. Three units have washer and dryer hook ups with the possibility of converting one laundry area to a coin laundry facility for residents. Flooring has been replaced in several units. Converted most of the piping to PEX in 6 units in 2024. Only two units share the same entrance , all other have dedicated entrances.Properties are located within one block of downtown Findlay within close proximity to Marathon petroleum corporate offices, Whirlpool , Goodyear Tire plant and the University of Findlay. No water entered dwellings during to 100 year flood in 2007. Several flood mitigation projects already completed by the city with one more project to be scheduled. Property includes area for off street parking for tenants.
Findlay is located in Ohio. Findlay, Ohio has a population of 41,237. Findlay is less family-centric than the surrounding county with 26.48% of the households containing married families with children. The county average for households married with children is 29.83%.
The median household income in Findlay, Ohio is $47,083. The median household income for the surrounding county is $52,831 compared to the national median of $57,652. The median age of people living in Findlay is 36.8 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 19.1 degrees. The average rainfall is approximately 36.2 inches per year, with 22.1 inches of snow per year.