2552 W Market Street, Lima, OH 45805 (MLS# 302994)

2552 W Market Street, Lima, OH 45805

$1,500,000
Property Type: Residential Income Bedrooms: 16 Baths: 8 Status: Closed
Current Price: $1,500,000 List Date: 1/15/2024 Last Modified: 9/05/2024

Description

Great Investment opportunity! There are a total of 4 buildings included in this sale. Each building, 2 on the southside of Market street(2563 & 2547 W. Market St) and 2 on the North side of Market St.(2552 & 2546 W. Market St.}, have 4, 2 bedroom 1 bath units. Total of 16 Units with a total of 32 Bedrooms and 16 Bathrooms. 3 Units have been completely updated with paint, new flooring and bathrooms. Many others have new bathrooms. 3 units are vacant and under construction.

More Information MLS# 302994

Location & Property Info

Zoning: Multi-Family School District: Lima AssociationY/N: No

General Property Info

Exceptions: 0 Legal Description: HOWLINDAN SUBDIVISION REPLAT LOTS 25662 E SIDE & 25663 FF 221.00 FEMA Flood Zone Y/N: No Bathrooms Total: 8 Basement Y/N: No Bedrooms Total: 16 Bathrooms Half: 0 Rooms Total: 33 # Of Units Total: 16 Garage Spaces: 0 Bathrooms Full: 8 Year Built: 1977

Tax Info

Parcel #: 36-3408-04-005.000, 36-3408-05-008.000 Tax Annual Amount: 8768

Remarks & Misc

Public Remarks: Great Investment opportunity! There are a total of 4 buildings included in this sale. Each building, 2 on the southside of Market street(2563 & 2547 W. Market St) and 2 on the North side of Market St.(2552 & 2546 W. Market St.}, have 4, 2 bedroom 1 bath units. Total of 16 Units with a total of 32 Bedrooms and 16 Bathrooms. 3 Units have been completely updated with paint, new flooring and bathrooms. Many others have new bathrooms. 3 units are vacant and under construction.

Status Change Info

Concession Comments: None Status Change Date: 2024-04-17 Pending Date: 2024-02-15 Close Date: 2024-04-16 Sold Price: $1,500,000

Unit 1 Info

# of Bedrooms: 2 # of Full Baths: 1 SqFt: 906 Monthly Income: 850 Furnished Y/N: No # of Total Rooms: 4 Parking Total: 1

Unit 1 Features

Dishwasher: 1 Dryer Hookup: 1 Fireplace: 1 Oven: 1 Range: 1 Refrigerator: 1 Smoke Detector(s): 1 Storm Door(s): 1 Washer Hookup: 1

Construction Materials

Brick: 1

Architectural Style

Ranch: 1

Unit 2 Info

Efficiency Y/N: No # of Bedrooms: 2 # of Full Baths: 1 SqFt: 1290 Monthly Income: 600 Furnished Y/N: No # of Total Rooms: 5 Parking Total: 1

Cooling

Heat Pump: 1 Wall Unit(s): 1

Listing Terms

Cash: 1 Conventional: 1

Unit 2 Features

Dishwasher: 1 Dryer Hookup: 1 Fireplace: 1 Oven: 1 Range: 1 Refrigerator: 1 Smoke Detector(s): 1 Storm Door(s): 1 Other: 1 See Remarks: 1

Unit 3 Info

Efficiency Y/N: No # of Bedrooms: 2 # of Full Baths: 1 SqFt: 906 Monthly Income: 820 Furnished Y/N: No # of Total Rooms: 4 Parking Total: 1

Unit 3 Features

Dishwasher: 1 Dryer Hookup: 1 Fireplace: 1 Oven: 1 Range: 1 Refrigerator: 1 Smoke Detector(s): 1 Storm Door(s): 1 Washer Hookup: 1

Unit 4 Info

Efficiency Y/N: No # of Bedrooms: 2 # of Full Baths: 1 SqFt: 906 Monthly Income: 800 Furnished Y/N: No # of Total Rooms: 4 Parking Total: 1

Possession

Subject To Tenant Rights: 1

Unit 4 Features

Dishwasher: 1 Dryer Hookup: 1 Fireplace: 1 Oven: 1 Range: 1 Refrigerator: 1 Smoke Detector(s): 1 Storm Door(s): 1 Washer Hookup: 1

Unit 5 Info

Efficiency Y/N: No # of Bedrooms: 2 # of Full Baths: 1 SqFt: 906 Monthly Income: 850 Furnished Y/N: No # of Total Rooms: 4 Parking Total: 1

Heating

Baseboard: 1 Electric: 1 Heat Pump: 1

Unit 6 Info

Efficiency Y/N: No # of Bedrooms: 2 # of Full Baths: 1 SqFt: 906 Monthly Income: 850 Furnished Y/N: No # of Total Rooms: 4 Parking Total: 1

Unit 7 Info

Efficiency Y/N: No # of Bedrooms: 2 # of Full Baths: 1 SqFt: 906 Monthly Income: 0 Furnished Y/N: No # of Total Rooms: 4 Parking Total: 1

Unit 8 Info

Efficiency Y/N: No # of Bedrooms: 2 # of Full Baths: 1 SqFt: 906 Monthly Income: 0 Furnished Y/N: No # of Total Rooms: 4 Parking Total: 1

Foundation

Slab: 1

Sewer

Public Sewer: 1

Owner Pays

Snow Removal: 1 Trash Collection: 1 Water: 1

Tenant Pays

Cable TV: 1 Deposit: 1 Electricity: 1

Special Listing Conditions

Fair Market: 1

Parking Features

Carport: 1

Levels

One: 1

Utilities

Electricity Connected: 1 Water Connected: 1

Water Source

Public: 1

Roof

Asphalt: 1

Location Property Info

Current Price: $1,500,000 Original List Price: 2000000 Property Sub Type: Multi Family Sold Price: $1,500,000 Status: Closed List Date: 2024-01-15 Street #: 2552 Street Direction Prefix: W Street Name: Market Street Suffix: Street County: Allen State: OH Postal Code: 45805

Property Features

Unit 1 Features: Dishwasher; Dryer Hookup; Fireplace; Oven; Range; Refrigerator; Smoke Detector(s); Storm Door(s); Washer Hookup Unit 2 Features: Dishwasher; Dryer Hookup; Fireplace; Oven; Range; Refrigerator; Smoke Detector(s); Storm Door(s); Other; See Remarks Unit 3 Features: Dishwasher; Dryer Hookup; Fireplace; Oven; Range; Refrigerator; Smoke Detector(s); Storm Door(s); Washer Hookup Unit 4 Features: Dishwasher; Dryer Hookup; Fireplace; Oven; Range; Refrigerator; Smoke Detector(s); Storm Door(s); Washer Hookup Architectural Style: Ranch Construction Materials: Brick Cooling: Heat Pump; Wall Unit(s) Foundation: Slab Heating: Baseboard; Electric; Heat Pump Levels: One Listing Terms: Cash; Conventional Owner Pays: Snow Removal; Trash Collection; Water Parking Features: Carport Possession: Subject To Tenant Rights Roof: Asphalt Sewer: Public Sewer Special Listing Conditions: Fair Market Tenant Pays: Cable TV; Deposit; Electricity Utilities: Electricity Connected; Water Connected Water Source: Public
Listing Office: CCR Realtors
IDX
Last Updated: September - 05 - 2024
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