8 Unit House Package, Lima, OH 45805
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8 Unit House Package, Lima, OH 45805
8 Unit House Package, Lima, OH 45805
8 Unit House Package, Lima, OH 45805
8 Unit House Package, Lima, OH 45805
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Cherisse Riney

Cherisse Riney

+1(925) 270-5735
Listed by Seth Ciminillo Dye Real Estate & Land Company
$ 500,000
Est. payment /mo
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8 Unit House Package Lima, OH 45805

4 Beds

1,722 SqFt

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 1,722 sqft

Price per Sqft $290

MLS Listing ID 10011207

Bedrooms 4

Year Built 1920

Tax Year 2025

Lot Size 7,884 Sqft

Lot Dimensions 0.18

Property Sub-Type Apartment

Source Northwest Ohio Real Estate Information Service (NORIS)

Property Description

Excellent investment opportunity featuring an 8-unit residential portfolio across five properties, offered together as one package for $500,000. 323 Maple Ln is being used as the lead MLS listing property only; the list price reflects the entire portfolio, not 323 Maple Ln individually. The package includes 609 N Cole St, 323 Maple Ln, 332/336 S Pierce St with four 1-bedroom units, 618 Faurot Ave, and 419 S Scott St. The portfolio offers a diverse unit mix consisting of single-family residences and a four-unit building. Six of the eight units are currently occupied, providing immediate rental income, while the two vacant units offer additional income potential. Current rent information reflects approximately $6,150 per month and $73,800 annually. Properties are considered turnkey, making this a strong opportunity for an investor looking to add multiple income-producing units in one acquisition.

Location

State OH

County Allen

Area 0.18

Rooms

Dining Room No

Kitchen No

Interior

Interior Features Other

Heating Forced Air

Cooling Central Air

Flooring Carpet, Laminate

Equipment No

Appliance Microwave

Laundry Inside

Exterior

Parking Features Off Street

Utilities Available Electricity Connected, Natural Gas Available

Roof Type Asphalt

Garage No

Building

Lot Description Other

Story 2

Foundation Block

Sewer Public Sewer

Schools

Elementary Schools Lima

Middle Schools Lima

High Schools Lima

School District Lima

Others

Tax ID 36-3606-06-023.000

Acceptable Financing Conventional

Listing Terms Conventional

Virtual Tour https://www.propertypanorama.com/instaview/toledo/10011207

Cherisse Riney

Cherisse Riney

Agent | License ID: SAL.2021001296

+1(925) 270-5735

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8 Unit House Package