Lima OH Real Estate &

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Beds:
30
Baths:
16.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
305338
Type:
Other
A broker reciprocity listing Courtesy: EXP Realty-Dublin
View additional info

ADDITIONAL INFORMATION

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!

Beds:
6
Baths:
4.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
304404
Type:
Other
Year built:
1916
A broker reciprocity listing Courtesy: Dye Real Estate & Land Company 419-516-4106
View additional info

ADDITIONAL INFORMATION

4 unit building with two upstairs units, two downstairs units. Upstairs units have all new flooring, updated kitchen and baths and the front upstairs unit has new furnace. Most windows have been replaced. 3 of the 4 units have a washer/dryer hook-ups. Off-street parking. City utilities.

Beds:
6
Baths:
2.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
305208
Type:
Other
Year built:
1903
A broker reciprocity listing Courtesy: CCR Realtors 419-222-0555
View additional info

ADDITIONAL INFORMATION

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.

Beds:
5
Baths:
3.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
304586
Type:
Other
Subdivision:
Lakewood Subdivision
Year built:
1911
A broker reciprocity listing Courtesy: Superior Plus Realtors 419-222-3040
View additional info

ADDITIONAL INFORMATION

This charming two-family home in a prime location offers the perfect opportunity to live comfortably and invest smartly. Leverage conventional financing to occupy one unit while renting the other, creating income or a financial safety net. Both units are flexible for short and long-term rentals. The meticulously maintained property features a low-maintenance concrete exterior, a spacious concrete front porch, and a secure concrete garage with an additional covered porch area. Mature trees and a backyard backing onto Faurot Park provide tranquility and privacy, with easy access to park amenities. Upper Unit (1535 Lakewood): An inviting landing area leads into an expansive living room. Relax or entertain on your private screened and covered deck. The modern kitchen with essential appliances flows into three spacious bedrooms. Two full baths offer convenience for everyone. Lower Unit (1537 Lakewood): This unit boasts an inviting living room, perfect for entertaining, and a formal dining room with an elegant bow window. The functional kitchen is equipped with all the necessities. Two well-sized bedrooms and a full bath complete this comfortable living space. Both units feature refinished hardwood floors and replacement windows, ensuring comfort and energy efficiency. Don't miss this chance to own prime real estate!

Beds:
3
Baths:
2.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
303829
Type:
Other
Year built:
1920
A broker reciprocity listing Courtesy: Berkshire Hathaway Professional Realty 419-331-7653
View additional info

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License BRKP.2017002935, Xome Inc., License REC.2015001703, [email protected], 844-400-XOME (9663), 11427 Read Hartman Hwy, Suite 236, Cincinnati, OH 45241


Copyright 2024 West Central Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



Lima Real Estate

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.

Lima Weather

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.

Lima Map

Lima Real Estate Market Conditions

  • Median sales price

    $181,250
    11.9%
    change since last quarter
  • # Active listings

    257
    30-day change

Lima Schools and Demographics

Education near Lima, OH

City County
High School Graduates 86.44 91.15
College Degree - 2 year 9.71 11.06
College Degree - 4 year 10.58 19.12
Graduate Degree 2.35 5.22
Expenditures per Student 13,333 13,333
Students per Teacher 16.6 16.6

Elementary Schools near Lima, OH

Grades Students P/T Ratio ZIP
Allen East Elementary School KG - 06 612 20.3 45850
Bath Elementary School KG - 04 712 19.6 45801
Elida Elementary School KG - 04 959 18.2 45807
Elmwood Elementary School KG - 03 555 19.6 45806
Freedom Elementary School PK - 04 298 18 45804
Heir Force Community School KG - 08 277 15.8 45801
Heritage Elementary School PK - 04 502 17.7 45805
Independence Elementary School PK - 04 383 17.8 45801
Liberty Arts Magnet K-8 KG - 08 420 16.7 45804
Lima South Science-Technology Magnet K-8 KG - 08 196 11.7 45804
Maplewood Elementary School 03 - 04 372 22.9 45805
Perry Elementary School KG - 06 472 18.8 45806
Unity Elementary School PK - 04 237 16.5 45804

Middle Schools near Lima, OH

Grades Students P/T Ratio ZIP
Bath Middle School 05 - 08 541 19.6 45801
Elida Middle School 05 - 09 791 19.2 45807
Lima North Middle School 05 - 07 405 15.8 45801
Lima West Middle School 07 - 08 402 16.3 45805
Shawnee Middle School 05 - 08 811 20.5 45806

High Schools near Lima, OH

Grades Students P/T Ratio ZIP
Allen East High School 07 - 12 517 18.9 45850
Bath High School 09 - 12 501 19.1 45801
Elida High School 09 - 12 730 22.8 45807
Lima Senior High School 09 - 12 1,038 12.7 45801
Perry High School 07 - 12 347 18.4 45806
Shawnee High School 09 - 12 717 14.9 45806
West Central Learning Academy II 07 - 12 55 5.9 45801

Ungraded Schools near Lima, OH

Grades Students P/T Ratio ZIP
Auglaize County Educational Academy 02 - 12 71 23.6 45804

Demographics near Lima, OH

City County
Neighborhood Type Suburban
Population 36,352 102,462
Population Density 2,685 255
Median Age 34.3 39.5
People per Household 2.4 2.4
Median Household Income 37,668 55,114
Average Income per Capita 19,098 28,671

Real estate near Lima