NOT LISTED FOR SALE

6 Unit Real Estate Package Lima, OH 45805

Eastside Lima Neighborhood
12 Beds
6 Baths
-- Sq Ft
-- Built

Sale Details

Date Sold: April 24, 2025

Last sale price $275,000

161 Days on Market

Highlights

  • 2-Story Property
  • Covered Patio or Porch
  • Baseboard Heating
  • No HOA
  • Forced Air Heating System

About This Home

As of April 2025

Check out this fantastic 6-unit real estate investment opportunity. These Superior properties have 4 rented out and 2 vacant properties currently. Even with these vacancies, the property delivers a solid cap rate of 8%. By renting the vacant units and raising rents to market levels, the cap rate could climb. Whether you're just starting out as a landlord or expanding your portfolio, this is a tremendous opportunity. Reach out today to explore this promising investment!

Last Agent to Sell the Property

Shaun Richardson

EXP Realty-Dublin License #2016001186 Listed on: 10/04/2024

EXP Realty-Dublin

Co-Listed By

Eric Schomber

EXP Realty-Dublin License #2020007677

EXP Realty-Dublin

Last Buyer's Agent

Eric Schomber

EXP Realty-Dublin License #2020007677

EXP Realty-Dublin

Property Details

Home Type

  • Multi-Family

Parking

  • 7 Car Garage

Home Design

  • 2-Story Property
  • Block Foundation
  • Asphalt Roof
  • Stucco

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Additional Features

  • Crawl Space
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • 15 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for water
  • Assessor Parcel Number Various

Property Details

Home Type

Multi-Family

Parking

7

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Co List Office Mls Id: wca.o658009351
  • Directions: All showing will require a letter of intent or an accepted offer. Tenants rights apply.
  • Architectural Style: 2 Story, Ranch
  • Unit Levels: One, Two
  • Location Property Info:Zoning2: Multi-Family
  • General Property Info:FEMA Flood Zone YN: No
  • General Property Info:Private Pool YN: No
  • Tax Info:Parcel _pound_: Various
  • Architectural Style:Ranch: Yes
  • Sewer:Public Sewer: Yes
  • Levels:One: Yes
  • Water Source:Public: Yes
  • Foundation:Block2: Yes
  • General Property Info:Enhanced Accessible: No
  • General Property Info:_pound_ Of Units Total: 15
  • Levels:Two2: Yes
  • Utilities:Water Connected: Yes
  • Utilities:Electricity Connected: Yes
  • Unit 1 Info:Furnished YN: No
  • Location Property Info:Lease Term3: 12 Months
  • Roof:Asphalt3: Yes
  • Owner Pays:Water2: Yes
  • Foundation:Crawl Space2: Yes
  • Architectural Style 2 Story: Yes
  • Special Features: None

Interior Features

  • Owner Pays: Water
  • Full Bathrooms: 6
  • Total Bedrooms: 12

Exterior Features

  • Construction Type: Stucco
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Porch
  • Roof: Asphalt
  • Patio Porch Features:Covered: Yes
  • Patio Porch Features:Porch: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 7.0
  • Parking Features: Varies by Unit
  • General Property Info:Garage Spaces: 7.0
  • Parking Features:Varies by Unit2: Yes

Utilities

  • Cooling: See Remarks
  • Heating: Forced Air, Baseboard, Natural Gas, Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Other10: Yes
  • Heating:Baseboard: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Location Property Info:AssociationYN: No

Schools

  • Junior High Dist: Lima

Lot Info

  • Parcel #: Various
  • Zoning Description: Multi-Family

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Number Of Units Total: 15
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/24/2025 04/24/25 Sold $275,000 -8.1% --
03/14/2025 03/14/25 Pending -- -- --
03/14/2025 03/14/25 Price Changed $299,200 -66.0% --
03/06/2025 03/06/25 Price Changed $880,000 -11.6% --
11/27/2024 11/27/24 Price Changed $995,000 -17.1% --
10/04/2024 10/04/24 For Sale $1,200,000 -- --
Source: West Central Association of REALTORS® (OH)

Agents Affiliated with this Home

  • Shaun Richardson

    Seller's Agent in 2025

    Shaun Richardson

    EXP Realty-Dublin

    (419) 302-9343

    2 in this area

    204 Total Sales

    Shaun Richardson
    Section Image
  • Eric Schomber

    Seller Co-Listing Agent in 2025

    Eric Schomber

    EXP Realty-Dublin

    (866) 212-4991

    9 in this area

    247 Total Sales

    Eric Schomber
    Section Image
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Map

Source: West Central Association of REALTORS® (OH)

MLS Number: 305338

Ohio Allen County Lima 45801 Eastside Lima

6 Unit Real Estate Package, Lima, OH

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