Duplex located steps from St. Rita's. 1038 currently vacant. 2 bedroom, 1 bathroom with basement 966 sq.ft. 1036 occupied 1 bedroom, 1 bathroom, second floor unit rents for $525.00, 630 sq.ft. Sold as-is. Access to Jameson Avenue also. Seller pays water, sewer and trash both units for $106.00 per month.
Check out this fantastic 15-unit real estate investment opportunity, featuring a triplex, duplex, six-plex, and 4 single-family homes. Most units offer two bedrooms and one bath, with one house boasting three bedrooms, and one unit in the triplex offering one bedroom and one bath. The current monthly rent roll is $8,135, with two units currently vacant. Even with these vacancies, the property delivers a solid cap rate of 8%. By renting the vacant units and raising rents to market levels, the cap rate could climb to nearly 12%. Whether you're just starting out as a landlord or expanding your portfolio, this is a tremendous opportunity. Reach out today to explore this promising investment!
Welcome to this very nicely updated duplex. The downstairs unit has a great layout with 2 bedrooms, living room, kitchen and bath. Currently rented on a month to month lease. Upstairs unit is 4 bedrooms with 1 of the bedrooms on the 3rd floor. Nice open concept and very nicely updated. Utilities are separate per unit each has its own furnace and hot water heater paid by the tenants. Except water is paid by owner. Off street parking at the rear of the unit and plenty of parking.
Lima is located in Ohio. Lima, Ohio has a population of 36,352. Lima is less family-centric than the surrounding county with 20.41% of the households containing married families with children. The county average for households married with children is 26.72%.
The median household income in Lima, Ohio is $37,668. The median household income for the surrounding county is $55,114 compared to the national median of $69,021. The median age of people living in Lima is 34.3 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 18.7 degrees. The average rainfall is approximately 37.5 inches per year, with 20.4 inches of snow per year.