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
Documents
Listing Office:
CCR Realtors
Last Updated: September - 05 - 2024
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