201 E Lima Street, Findlay, OH 45840 (MLS# 305238)

201 E Lima Street, Findlay, OH 45840

$287,000
Property Type: Residential Income Bedrooms: 4 Baths: 3 Square Footage: 3,330 Lot Size (sq. ft.): 5,001 Status: Closed
Current Price: $287,000 List Date: 2/03/2025 Last Modified: 7/14/2025

Description

Welcome to the multifaceted investment opportunity at 201 E Lima St, Findlay, OH, 45840. This property is a savvy investor's dream, featuring a triplex of units A, B, and C, each with its unique charm and earning potential. With all three units already generating substantial rental income—unit A at $900 unit B at $1,000 and unit C at $1,150 per month, this is a turnkey operation ready for cash flow. Unit A, positioned on the main floor, boasts luxury vinyl flooring and a suite of modern conveniences, including a refrigerator, electric stove, and a new vent-less washer/dryer. Its bedroom is complemented by a walk-in shower bathroom, with soft-close cabinets, GFCI outlets, and laminate countertops that add to the unit's practical elegance. Unit B, also on the main floor, features a decorative fireplace, plush carpeting in the living area and bedroom, with luxury vinyl in the kitchen. The kitchen itself is a vision of convenience with ample storage and a covered back porch that beckons for relaxation. The bathroom is finished with a walk-in shower and a stylish vanity, elevated by luxury vinyl flooring. The second-story Unit C is a spacious retreat with 2 bedrooms and 1 bath. It offers an updated kitchen equipped with a gas stove, refrigerator, garbage disposal, and an expansive living room accented with built-in storage. Brand new washer & Dryer. Laminate and vinyl flooring provide durability and ease of maintenance. Each unit is fitted with gas forced heat, and the tenants are responsible for their electric and gas bills. The owner thoughtfully covers water expenses, enhancing tenant appeal. With 3 gas water heaters located in the basement, practicality is at the heart of this triplex. Whether you're an investor seeking immediate cash flow or a buyer looking to reside in one unit while leasing the others, 201 E Lima St presents a unique and profitable venture. Don't miss out on this exceptional Findlay, OH.

More Information MLS# 305238

Location & Property Info

List Price/SqFt: 90.09 Zoning: Residential School District: Findlay AssociationY/N: No

General Property Info

Land Lease Y/N: No Lot Size Dimensions: 50 x 100 Lot Size Square Feet: 5001 Exceptions: 0 Legal Description: DIST:21 CITY/MUNI/TWP:FINDLAY CORP BYALS 2ND ADD LOT 1176 N100FT MAP REF:101119213005000 FEMA Flood Zone Y/N: No Bathrooms Total: 3 Basement Y/N: Yes Below Grade Finished Area: 0 Bedrooms Total: 4 Bathrooms Half: 0 Rooms Total: 10 # Of Units Total: 3 Enhanced Accessible: No Garage Spaces: 1 Private Pool Y/N: No Living Area SqFt: 3330 Bathrooms Full: 3 Year Built: 1900

Tax Info

Parcel #: 560000178370 Tax Annual Amount: 2077 Tax Other Annual Assessment Amount: 4

Remarks & Misc

Public Remarks: Welcome to the multifaceted investment opportunity at 201 E Lima St, Findlay, OH, 45840. This property is a savvy investor's dream, featuring a triplex of units A, B, and C, each with its unique charm and earning potential. With all three units already generating substantial rental income—unit A at $900 unit B at $1,000 and unit C at $1,150 per month, this is a turnkey operation ready for cash flow. Unit A, positioned on the main floor, boasts luxury vinyl flooring and a suite of modern conveniences, including a refrigerator, electric stove, and a new vent-less washer/dryer. Its bedroom is complemented by a walk-in shower bathroom, with soft-close cabinets, GFCI outlets, and laminate countertops that add to the unit's practical elegance. Unit B, also on the main floor, features a decorative fireplace, plush carpeting in the living area and bedroom, with luxury vinyl in the kitchen. The kitchen itself is a vision of convenience with ample storage and a covered back porch that beckons for relaxation. The bathroom is finished with a walk-in shower and a stylish vanity, elevated by luxury vinyl flooring. The second-story Unit C is a spacious retreat with 2 bedrooms and 1 bath. It offers an updated kitchen equipped with a gas stove, refrigerator, garbage disposal, and an expansive living room accented with built-in storage. Brand new washer & Dryer. Laminate and vinyl flooring provide durability and ease of maintenance. Each unit is fitted with gas forced heat, and the tenants are responsible for their electric and gas bills. The owner thoughtfully covers water expenses, enhancing tenant appeal. With 3 gas water heaters located in the basement, practicality is at the heart of this triplex. Whether you're an investor seeking immediate cash flow or a buyer looking to reside in one unit while leasing the others, 201 E Lima St presents a unique and profitable venture. Don't miss out on this exceptional Findlay, OH.

Status Change Info

Concession Comments: 0 Sold Price/SqFt: 86.19 Status Change Date: 2025-07-14 Pending Date: 2025-05-24 Close Date: 2025-07-14 Sold Price: $287,000

Unit 1 Info

Efficiency Y/N: No # of Bedrooms: 1 # of Full Baths: 1 SqFt: 969 Monthly Income: 900 Furnished Y/N: No # of Total Rooms: 3 Parking Total: 1

Unit 1 Features

Dryer Hookup: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer Hookup: 1

Construction Materials

Brick: 1 Vinyl Siding: 1

Architectural Style

2 Story: 1

Unit 2 Info

Efficiency Y/N: No # of Bedrooms: 1 # of Full Baths: 1 SqFt: 969 Monthly Income: 900 Furnished Y/N: No # of Total Rooms: 3 Parking Total: 1

Cooling

Window Unit(s): 1

Listing Terms

Cash: 1 Conventional: 1 FHA: 1 VA Loan: 1

Unit 2 Features

Dryer Hookup: 1 Fireplace: 1 Oven: 1 Patio: 1 Range: 1 Refrigerator: 1 Utility Room: 1 Washer Hookup: 1

Unit 3 Info

Efficiency Y/N: No # of Bedrooms: 2 # of Full Baths: 1 SqFt: 1392 Monthly Income: 1100 Furnished Y/N: No # of Total Rooms: 4 Parking Total: 2

Basement

Block: 1 Concrete: 1 Unfinished: 1

Unit 3 Features

Disposal: 1 Dryer Hookup: 1 Oven: 1 Range: 1 Refrigerator: 1 Utility Room: 1 Washer Hookup: 1

Financial Details

Electric Expense: 100 Fuel Expense: 60 Water Sewer Expense: 90

Possession

Negotiable: 1

Heating

Forced Air: 1 Natural Gas: 1

Foundation

Block: 1

Sewer

Public Sewer: 1

Owner Pays

Water: 1

Tenant Pays

Electricity: 1 Gas: 1

Special Listing Conditions

Fair Market: 1

Parking Features

Attached: 1 Garage: 1

Levels

Two: 1

Utilities

Electricity Connected: 1 Natural Gas Available: 1 Water Connected: 1

Water Source

Public: 1

Roof

Asphalt: 1

Patio & Porch Features

Covered: 1 Patio: 1 Porch: 1

Showing Considerations

Occupied: 1

Location Property Info

Current Price: $287,000 Original List Price: 310000 Property Sub Type: Multi Family Sold Price: $287,000 Status: Closed List Date: 2024-09-25 Street #: 201 Street Direction Prefix: E Street Name: Lima Street Suffix: Street County: Hancock State: OH Postal Code: 45840

Property Features

Unit 1 Features: Dryer Hookup; Oven; Range; Refrigerator; Washer Hookup Unit 2 Features: Dryer Hookup; Fireplace; Oven; Patio; Range; Refrigerator; Utility Room; Washer Hookup Unit 3 Features: Disposal; Dryer Hookup; Oven; Range; Refrigerator; Utility Room; Washer Hookup Architectural Style: 2 Story Basement: Block; Concrete; Unfinished Construction Materials: Brick; Vinyl Siding Cooling: Window Unit(s) Foundation: Block Heating: Forced Air; Natural Gas Levels: Two Listing Terms: Cash; Conventional; FHA; VA Loan Owner Pays: Water Parking Features: Attached; Garage Possession: Negotiable Roof: Asphalt Sewer: Public Sewer Showing Considerations: Occupied Special Listing Conditions: Fair Market Tenant Pays: Electricity; Gas Utilities: Electricity Connected; Natural Gas Available; Water Connected Water Source: Public
Listing Office: EXP Realty-Dublin
IDX
Last Updated: July - 14 - 2025
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