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
Documents
Listing Office:
EXP Realty-Dublin
Last Updated: July - 14 - 2025
IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data deemed reliable, but is not guaranteed accurate.

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