NOT LISTED FOR SALE

28 UNIT Package Lima, OH 45801

27 Beds
-- Bath
-- Sq Ft
2.3 Acres

Last Sold June 28, 2019

Last sale price $850,000

148 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Heating Available

About This Home

As of June 2019

Great opportunity for serious investors! Nice west side location multi-family units and 5 single family homes. 13% cap rate and 26% cash on cash return! Don't miss this fantastic opportunity!

Last Agent to Sell the Property

Jeff Dulmage

Hartsock Realty License #2015002150 Listed on: 11/07/2018

Last Buyer's Agent

Jeff Dulmage

Hartsock Realty License #2015002150 Listed on: 11/07/2018

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2.3

Parking

  • 1 Parking Space

Home Design

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • 27 Bedrooms
  • 2.3 Acre Lot

Community Details

  • No Home Owners Association
  • 28 Units

Listing and Financial Details

  • Assessor Parcel Number On file

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 2.3
  • Architectural Style: Other, See Remarks
  • Location Property Info:Zoning2: Residential
  • General Property Info:Lot Size Square Feet: 99999.0
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: On file
  • Tax Info:Tax Annual Amount: 19999998.0
  • Remarks Misc:Private Remarks2: Co listed with Dave Mayer. Contact listing agents for additional info. No showings/inspections until in contract. Subject to tenant rights. Properties include: 7 unit on NW corner Kenilworth & Elm, 4 quads on corner of Rosedale & Elm, 816 Brice, 818 Brice, 820 Brice, 1009 Leland and 961 Faurot.
  • Water Source:Public: Yes
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 28
  • Unit 1 Info:Furnished YN: No
  • Unit 2 Info:Furnished YN2: No
  • Unit 3 Info:Furnished YN3: No
  • Unit 4 Info:Furnished YN4: No
  • Unit 6 Info:Furnished YN6: No
  • Unit 7 Info:Furnished YN7: No
  • Unit 8 Info:Furnished YN8: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 27

Exterior Features

  • Construction Type: Other, See Remarks
  • Foundation Details: Other, See Remarks
  • Construction Materials:See Remarks9: Yes
  • Construction Materials:Other5: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • Parking Features:Other20: Yes
  • Unit 1 Info:Parking Total3: 1
  • Unit 2 Info:Parking Total4: 1
  • Unit 3 Info:Parking Total5: 1
  • Unit 4 Info:Parking Total6: 1
  • Unit 5 Info:Parking Total7: 1

Utilities

  • Cooling: Other, See Remarks
  • Cooling Y N: Yes
  • Heating: Other, See Remarks
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Other10: Yes
  • Heating:See Remarks: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Lima

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 99999.0
  • Parcel #: On file
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 28
  • Property Net Operating Income: 63107.0
  • Annual Operating Expense: 52296.0

Tax Info

  • Tax Annual Amount: 19999998.0
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Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $850,000 0.0% --
04/04/2019 04/04/19 Pending -- -- --
11/07/2018 11/07/18 For Sale $850,000 -- --
Source: West Central Association of REALTORS® (OH)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 110847