NOT LISTED FOR SALE

332 S Pierce St Lima, OH 45801

Riverside North Neighborhood
4 Beds
-- Bath
-- Sq Ft
1920 Built

Last Sold December 23, 2022

Last sale price $135,000

46 Days on Market

Highlights

  • No HOA
  • Porch
  • Patio
  • Balcony
  • Window Unit Cooling System
  • Heating Available

About This Home

As of December 2022

Jump start your investment portfolio with this rehabbed 4 unit building! All efficiency apartments with 1 bedroom, 1 bathroom, living space and kitchen. All units are metered separate for electric with baseboard heat, rebuild porches, new windows and updated kitchens and bathrooms, updated flooring and paint. Included in the sale is the lot next door that can be used for parking for the tenants or turn it into a green space, whatever you want it to be! Each unit rents for $650/ month. Owner pays water/sewer/trash, tenants pay electric. Cap rate is 16.9%,Stove & Refrigerator-Some Units

Last Agent to Sell the Property

Kate Shulaw

Keller Williams Advisors License #2012002006 Listed on: 10/13/2022

Last Buyer's Agent

Kate Shulaw

Keller Williams Advisors License #2012002006 Listed on: 10/13/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,221

Year Built

  • Built in 1920

Home Design

  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 4 Bedrooms
  • 2-Story Property

Kitchen

  • Oven
  • Range

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 1 Parking Space
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 36-3609-02-025.000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Maintenance Expense $233
  • Water Sewer Expense $125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,221

Year Built

Built in 1920

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size: Double lot
  • Unit Levels: Two
  • Year Built: 1920
  • Location Property Info:Zoning2: Multi-Family
  • General Property Info:FEMA Flood Zone YN: No
  • Tax Info:Parcel _pound_: 36-3609-02-025.000
  • Tax Info:Tax Annual Amount: 1221.18
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Foundation:Block2: Yes
  • General Property Info:Lot Size Dimensions: Double lot
  • General Property Info:Land Lease YN: No
  • General Property Info:_pound_ Of Units Total: 4
  • Cooling:Window Unit(s): Yes
  • Levels:Two2: Yes
  • Financial Details:Maintenance Expense: 233.2
  • Financial Details:Water Sewer Expense: 125.0
  • Unit 1 Info:Furnished YN: No
  • Unit 2 Info:Furnished YN2: No
  • Location Property Info:Lease Term3: 12 Months
  • Unit 3 Info:Furnished YN3: No
  • Unit 3 Features:Oven4: Yes
  • Unit 4 Info:Furnished YN4: No
  • Unit 4 Features:Oven5: Yes
  • Unit 4 Features:Range5: Yes
  • Roof:Asphalt3: Yes
  • Owner Pays:Sewer2: Yes
  • Owner Pays:Water2: Yes
  • Owner Pays:Trash Collection2: Yes
  • Unit 3 Features:Balcony3: Yes
  • Unit 3 Features:Patio4: Yes
  • Foundation:Crawl Space2: Yes
  • Special Features: VirtualTour

Interior Features

  • Owner Pays: Sewer, Trash Collection, Water
  • Has Basement: Partial
  • Total Bedrooms: 4
  • Basement:Partial: Yes
  • Unit 3 Features:Range4: Yes
  • Unit 3 Features:Refrigerator4: Yes
  • Unit 1 Features:Porch2: Yes
  • Unit 2 Features:Porch3: Yes

Exterior Features

  • Construction Type: Aluminum Siding
  • Foundation Details: Block
  • Roof: Asphalt
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, On Street
  • Parking Features:On Street: Yes
  • Parking Features:Off Street: 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

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Fee Information

  • Annual Water Sewer Expense: 125.0

Schools

  • Junior High Dist: Lima

Lot Info

  • Land Lease: No
  • Parcel #: 36-3609-02-025.000
  • Zoning Description: Multi-Family

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Heating

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 95.0
  • Maintenance Expense: 233.2
  • Property Net Operating Income: 24550.44
  • Annual Operating Expense: 6649.56

Tax Info

  • Tax Annual Amount: 1221.18
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2022 12/23/22 Sold $135,000 -6.9% --
11/28/2022 11/28/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $145,000 -- --
Source: West Central Association of REALTORS® (OH)

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 $1,174 $24,540 $3,080 $21,460
2023 $1,215 $22,300 $2,800 $19,500
2022 $1,163 $22,300 $2,800 $19,500
2021 $1,221 $22,300 $2,800 $19,500
2020 $1,006 $16,730 $2,800 $13,930
2019 $1,006 $16,730 $2,800 $13,930
2018 $995 $16,730 $2,800 $13,930
2017 $986 $16,730 $2,800 $13,930
2016 $1,001 $16,730 $2,800 $13,930
2015 $1,033 $16,730 $2,800 $13,930
2014 $1,048 $17,540 $2,800 $14,740
2013 $1,015 $17,540 $2,800 $14,740
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kate Shulaw

    Keller Williams Advisors

See All Agents

Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 211973

Ohio Allen County Lima 45801 Riverside North

332 S Pierce St, Lima, OH

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.