Estimated payment $631/month
Total Views
66
1
Bed
1
Bath
641
Sq Ft
$121
Price per Sq Ft
About This Home
Discover a strong income-producing property with this spacious one-bedroom, one-bath condo located in the highly sought-after Gatehouse community in Lima. This well-maintained unit is currently tenant-occupied and generating $1,200 per month in rental income—an excellent opportunity for any investor.
Offering a comfortable layout with ample natural light, this condo provides low-maintenance living in a professionally managed development with convenient access to shopping, dining, and local amenities.
Whether you're looking to expand your portfolio or secure a steady stream of passive income, Unit 32 is a turn-key investment you won't want to miss!
Listing Agent
Binkley Real Estate- Wapakoneta License #2022004182 Listed on: 06/25/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $720
Year Built
- Built in 1970
HOA Fees
- $141 Monthly HOA Fees
Home Design
- 641 Sq Ft Home
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 36220102012032
Map
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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 | $724 | $16,110 | $2,490 | $13,620 |
| 2023 | $568 | $11,100 | $1,720 | $9,380 |
| 2022 | $580 | $11,100 | $1,720 | $9,380 |
| 2021 | $580 | $11,100 | $1,720 | $9,380 |
| 2020 | $473 | $8,440 | $1,720 | $6,720 |
| 2019 | $473 | $8,440 | $1,720 | $6,720 |
| 2018 | $465 | $8,440 | $1,720 | $6,720 |
| 2017 | $461 | $8,440 | $1,720 | $6,720 |
| 2016 | $457 | $8,440 | $1,720 | $6,720 |
| 2015 | $460 | $8,440 | $1,720 | $6,720 |
| 2014 | $493 | $8,860 | $1,580 | $7,280 |
| 2013 | $449 | $8,860 | $1,580 | $7,280 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | For Sale | $77,500 | -- | $121 / Sq Ft |
Source: West Central Association of REALTORS® (OH)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Administrators Deed | $40,000 | None Listed On Document | |
| Warranty Deed | $31,500 | None Available | |
| Deed | $37,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $41,000 | Credit Line Revolving |
Source: Public Records
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This well maintained condo located at 2275 N. Cable Road, Unit 60 is ready for its next owner! This nicely decorated upper level condo is 757 sq. ft. featuring a comfortable living room and nice eat-in kitchen. Appliances included. This unit offers 2 bedrooms with sizeable closet space and 1 bath. The balcony overlooks the common grass area. HOA includes trash and maintenance of the exterior.
Julie Schneider Merritt Real Estate Professionals
Source: West Central Association of REALTORS® (OH)
MLS Number: 307501
APN: 36-22-01-02-012.032
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