47 beds
30 full baths
700 sqft
Listed By
Agency Name: Binkley Real Estate, LLC
Agency Phone: (419) 738-3232
Agent Name: Jeremy Huebner
Shown By
Agent Name: Conor Hix
Agent Phone: (614) 674-1255
Agency Title: Cutler Real Estate
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Property Description
Outstanding investment opportunity! This 43-unit condo complex offers a rare chance to own an established income-producing property in a highly desirable Lima location near restaurants, shopping, and major highways. The property features a mix of two-bedroom, one-bath and one-bedroom, one-bath condos--each with a functional layout, individual entrances, and well-maintained interiors. The units are consistently occupied and generate strong, reliable rental income, making this an ideal turnkey addition to any investors portfolio. Situated on a well-kept property with ample parking, this development combines long-term stability with future upside potential. Opportunities like this--where the heavy lifting is already done--dont come around often!
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: Central Air
Days on Market: 149
Garage: No Garage
Heating: Forced Air
Lot Size: irregular
Taxes: $39,000
Year Built: 1970
Feature Descriptions
Exterior: Wood Siding
Foundation: Slab
Included in Fee: Maintenance Structure, Maintenance Grounds, Snow Removal
Lot Dimensions: irregular
Parcel ID: 36220102012205
Sewer: Public Sewer
Structure Type: See Remarks
Water: Supplied Water
Zoning: Residential
Local Schools
School District: Elida
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Estimated Payment
$ 21,347.35 per month $17,076.52 Principal & Interest $3,250.00 Property Tax $1,020.83 Homeowner's InsuranceChange Payment Information
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2275 N Cable Road | MLS# 1041954
This multi-family property located at 2275 N Cable Road, Lima, OH 45807 is currently listed for sale with an asking price of $3,500,000. N Cable Road is located within the Elida school district. Search Lima real estate on chix.cutlerhomes.com today.