201 E Lima St Findlay, OH 45840
Estimated payment $1,844/month
Highlights
- No HOA
- 1 Car Attached Garage
- Forced Air Heating System
- Covered patio or porch
- Window Unit Cooling System
- Utility Room
About This Home
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 all three units already generating substantial rental income—unit A at $900 unit B at $1,000 and unit C at $1,150 per month, 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. Brand new washer & Dryer. 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,077
Year Built
- Built in 1900
Lot Details
- 5,001 Sq Ft Lot
- Lot Dimensions are 50 x 100
Parking
- 1 Car Attached Garage
Home Design
- Brick Exterior Construction
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 3,330 Sq Ft Home
- 2-Story Property
- Utility Room
- Washer and Dryer Hookup
- Unfinished Basement
- Block Basement Construction
Kitchen
- Oven
- Range
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Covered patio or porch
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 560000178370
- $4 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Electric Expense $100
- Fuel Expense $60
- Water Sewer Expense $90
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,091 | $57,370 | $4,970 | $52,400 |
| 2023 | $2,077 | $57,370 | $4,970 | $52,400 |
| 2022 | $2,087 | $57,370 | $4,970 | $52,400 |
| 2021 | $1,668 | $39,930 | $4,970 | $34,960 |
| 2020 | $1,668 | $39,930 | $4,970 | $34,960 |
| 2019 | $1,635 | $39,930 | $4,970 | $34,960 |
| 2018 | $1,427 | $31,940 | $3,970 | $27,970 |
| 2017 | $713 | $31,940 | $3,970 | $27,970 |
| 2016 | $1,414 | $31,940 | $3,970 | $27,970 |
| 2015 | $1,201 | $26,700 | $3,400 | $23,300 |
| 2014 | $1,201 | $26,700 | $3,400 | $23,300 |
| 2012 | $1,622 | $35,750 | $3,400 | $32,350 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2025 04/03/25 | Price Changed | $300,000 | -3.2% | $90 / Sq Ft |
| 02/03/2025 02/03/25 | For Sale | $310,000 | 0.0% | $93 / Sq Ft |
| 02/01/2025 02/01/25 | Off Market | $310,000 | -- | -- |
| 12/04/2024 12/04/24 | For Sale | $310,000 | 0.0% | $93 / Sq Ft |
| 10/29/2024 10/29/24 | Pending | -- | -- | -- |
| 09/26/2024 09/26/24 | For Sale | $310,000 | -- | $93 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Whitman Title | |
| Warranty Deed | $135,000 | Assured Title Agency | |
| Warranty Deed | -- | None Available | |
| Fiduciary Deed | $90,500 | None Available | |
| Deed | -- | -- | |
| Deed | $55,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $255,647 | VA | |
| Previous Owner | $108,000 | Commercial | |
| Previous Owner | $84,000 | Unknown |
Source: West Central Association of REALTORS® (OH)
MLS Number: 305238
APN: 56-0000178370
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