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
Listed By
Agency Name: Oakridge Realty & Auction Co.
Agent Name: Lindsay Miller
Agency Phone: (419) 991-2020
Shown By
Agent Name: Suzy Peters
Agent Phone: (740) 403-2975
Agency Title: Key Realty
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 suzannepeters.ikeyrealty.com today.