13 UNIT PACKAGE, Lima, OH 45804 (MLS# 110896)

13 UNIT PACKAGE, Lima, OH 45804

$274,900
Property Type: Residential Income Bedrooms: 17 Status: Closed
Current Price: $274,900 List Date: 11/14/2018 Last Modified: 9/05/2024

Description

Great investment opportunity! 19% cap rate with room to add even more value. 61% cash on cash return. Many updates / improvements to the property. Don't miss your chance to buy this money maker! $5,195 free cash flow/month!

More Information MLS# 110896

Location & Property Info

Zoning: Residential School District: Lima AssociationY/N: No

General Property Info

Land Lease Y/N: No Lot Size Dimensions: On file Lot Size Square Feet: 0 Exceptions: No Legal Description: On file FEMA Flood Zone Y/N: No Bedrooms Total: 17 Rooms Total: 41 # Of Units Total: 13

Tax Info

Parcel #: On file Tax Annual Amount: 2112 Annual Water Assessment: 0 Annual Sewer Assessment: 0 Tax Other Annual Assessment Amount: 0

Remarks & Misc

Public Remarks: Great investment opportunity! 19% cap rate with room to add even more value. 61% cash on cash return. Many updates / improvements to the property. Don't miss your chance to buy this money maker! $5,195 free cash flow/month!

Unit 1 Info

Efficiency Y/N: No # of Bedrooms: 3 # of Full Baths: 1 Total Baths (Legacy): 1 SqFt: 1216 Monthly Income: 450 Furnished Y/N: No # of Total Rooms: 6 Parking Total: 1

Construction Materials

Brick: 1

Unit 2 Info

Efficiency Y/N: No # of Bedrooms: 2 # of Full Baths: 1 Total Baths (Legacy): 1 Monthly Income: 500 Furnished Y/N: No # of Total Rooms: 5 Parking Total: 1

Cooling

Other: 1 See Remarks: 1

Listing Terms

Cash: 1 Conventional: 1

Unit 3 Info

Efficiency Y/N: No # of Bedrooms: 2 # of Full Baths: 1 Total Baths (Legacy): 1 Monthly Income: 500 Furnished Y/N: No # of Total Rooms: 5 Parking Total: 1

Basement

Full: 1

Unit 4 Info

Efficiency Y/N: No # of Bedrooms: 2 # of Full Baths: 1 Total Baths (Legacy): 1 Monthly Income: 500 Furnished Y/N: No # of Total Rooms: 5 Parking Total: 1

Financial Details

Electric Expense: 0 Fuel Expense: 0 Insurance Expense: 0 Maintenance Expense: 0 Manager Expense: 0 Net Operating Income: 50702 New Taxes Expense: 0 Operating Expense: 8491 Other Expense: 0 Water Sewer Expense: 0

Unit 5 Info

Efficiency Y/N: No # of Bedrooms: 2 Total Baths (Legacy): 1 Monthly Income: 500 Furnished Y/N: No # of Total Rooms: 5 Parking Total: 1

Heating

Baseboard: 1 Electric: 1

Unit 6 Info

Efficiency Y/N: No # of Bedrooms: 2 Total Baths (Legacy): 1 Monthly Income: 500 Furnished Y/N: No # of Total Rooms: 5 Parking Total: 1

Unit 7 Info

Efficiency Y/N: No # of Bedrooms: 2 Total Baths (Legacy): 1 Monthly Income: 500 Furnished Y/N: No # of Total Rooms: 5 Parking Total: 1

Unit 8 Info

Efficiency Y/N: No # of Bedrooms: 2 Total Baths (Legacy): 1 Monthly Income: 500 Furnished Y/N: No # of Total Rooms: 5 Parking Total: 1

Foundation

Block: 1

Sewer

Private Sewer: 1 Public Sewer: 1

Owner Pays

Grounds Care: 1 Snow Removal: 1 Trash Collection: 1

Tenant Pays

Cable TV: 1 Electricity: 1 Sewer: 1 Water: 1

Special Listing Conditions

Fair Market: 1

Parking Features

Off Street: 1 Other: 1

Levels

Two: 1

Water Source

Public: 1

Roof

Flat: 1

Location Property Info

Current Price: $274,900 Property Sub Type: Multi Family Sold Price: $274,900 Status: Closed List Date: 2018-11-14 Street #: 13 Street Name: UNIT PACKAGE, County: Allen State: OH Postal Code: 45804

Status Change Info

Status Change Date: 2019-03-01 Pending Date: 2019-01-05 Close Date: 2019-03-01 Sold Price: $274,900

Property Features

Basement: Full Construction Materials: Brick Cooling: Other; See Remarks Foundation: Block Heating: Baseboard; Electric Levels: Two Listing Terms: Cash; Conventional Owner Pays: Grounds Care; Snow Removal; Trash Collection Parking Features: Off Street; Other Roof: Flat Sewer: Private Sewer; Public Sewer Special Listing Conditions: Fair Market Tenant Pays: Cable TV; Electricity; Sewer; Water Water Source: Public
Listing Office: Hartsock Realty
IDX
Last Updated: September - 05 - 2024
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