BEDS5
BATHS2 full
SQUARE FEET2,711
MLS#310281
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLLima
Property Description
Investor opportunity in Lima -- this duplex offers solid income potential and plenty of space for tenants. The lower unit features approximately 1,496 sq. ft. with 3 bedrooms and 1 full bath. Inside, youll find a spacious layout, hardwood flooring, an updated bathroom, central air, and gas forced-air heat. Washer and dryer hookups are located in the basement. The downstairs unit currently rents for $1,000 per month. The upper unit, located at 705 1/2 W. Elm St., offers approximately 1,177 sq. ft. with 2 bedrooms and 1 full bath. This unit includes large living spaces, an updated bathroom, washer and dryer hookups near the kitchen area, and electric baseboard heat. The upstairs unit currently rents for $800 per month. Additional features include separate electric panels for each unit, rear parking access for tenants, a newer roof and gutters installed in 2020, and many replacement windows completed in 2019. A great opportunity to expand your investment portfolio with a property that already has strong rental income potential
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric, Forced Air
Home Style: 2 Story
Year Built: 1920
Units
Unit 1:
Full Bathroom(s): 1
Bedroom(s): 2
Rent: $800.00
Square Footage: 1177
Unit 2:
Full Bathroom(s): 1
Bedroom(s): 3
Square Footage: 1496
Feature Descriptions
Days on Site: 2
Foundation: Other
Parcel #: 36-3609-07-003.000
Parking: None
Rooms Total: 0
Sewer: Public Sewer
Water: Public
Local Schools
School District: Lima
Listed By / Shown By
Listed By
Agency Name: Oakridge Realty & Auction Co.
Agent Name: Lindsay Miller
Agency Phone: (419) 991-2020
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
Estimate Your Payment
Estimated Payment
$ 871.04 per month $827.87 Principal & Interest $0.00 Property Tax (data not provided by mls) $43.17 Homeowner's Insurance
705 W Elm Street | MLS# 310281
This multi-family property located at 705 W Elm Street, Lima, OH 45801 is currently listed for sale with an asking price of $148,000. W Elm Street is located within the Lima school district. Search Lima real estate on www.ikeyrealty.com today.