28 UNIT Package, Lima, OH 45801 (MLS# 110847)

28 UNIT Package, Lima, OH 45801

$850,000
Property Type: Residential Income Bedrooms: 27 Lot Size (sq. ft.): 99,999 Status: Closed
Current Price: $850,000 List Date: 11/07/2018 Last Modified: 9/05/2024

Description

Great opportunity for serious investors! Nice west side location multi-family units and 5 single family homes. 13% cap rate and 26% cash on cash return! Don't miss this fantastic opportunity!

More Information MLS# 110847

Location & Property Info

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

General Property Info

Land Lease Y/N: No Lot Size Square Feet: 99999 Exceptions: No Legal Description: On file FEMA Flood Zone Y/N: No Bedrooms Total: 27 Rooms Total: 48 # Of Units Total: 28

Tax Info

Parcel #: On file Tax Annual Amount: 19999998 Annual Water Assessment: 0 Annual Sewer Assessment: 0 Tax Other Annual Assessment Amount: 0

Remarks & Misc

Public Remarks: Great opportunity for serious investors! Nice west side location multi-family units and 5 single family homes. 13% cap rate and 26% cash on cash return! Don't miss this fantastic opportunity!

Unit 1 Info

Efficiency Y/N: No # of Bedrooms: 3 Total Baths (Legacy): 1.5 SqFt: 1620 Monthly Income: 650 Furnished Y/N: No # of Total Rooms: 5 Parking Total: 1

Construction Materials

Other: 1 See Remarks: 1

Architectural Style

Other: 1 See Remarks: 1

Unit 2 Info

Efficiency Y/N: No # of Bedrooms: 5 Total Baths (Legacy): 1.5 SqFt: 1583 Monthly Income: 600 Furnished Y/N: No # of Total Rooms: 7 Parking Total: 1

Cooling

Other: 1 See Remarks: 1

Listing Terms

Cash: 1 Conventional: 1

Unit 3 Info

Efficiency Y/N: No # of Bedrooms: 4 Total Baths (Legacy): 1.5 SqFt: 1941 Monthly Income: 650 Furnished Y/N: No # of Total Rooms: 6 Parking Total: 1

Unit 4 Info

Efficiency Y/N: No # of Bedrooms: 3 Total Baths (Legacy): 1 SqFt: 1464 Monthly Income: 650 Furnished Y/N: No # of Total Rooms: 6 Parking Total: 1

Financial Details

Electric Expense: 0 Fuel Expense: 0 Insurance Expense: 0 Maintenance Expense: 0 Manager Expense: 0 Net Operating Income: 63107 New Taxes Expense: 0 Operating Expense: 52296 Other Expense: 0 Water Sewer Expense: 0

Unit 5 Info

Efficiency Y/N: No # of Bedrooms: 3 Total Baths (Legacy): 1.5 SqFt: 1620 Monthly Income: 650 Furnished Y/N: No # of Total Rooms: 6 Parking Total: 1

Heating

Other: 1 See Remarks: 1

Unit 6 Info

Efficiency Y/N: No # of Bedrooms: 3 Total Baths (Legacy): 1 Monthly Income: 600 Furnished Y/N: No # of Total Rooms: 6 Parking Total: 1

Unit 7 Info

Efficiency Y/N: No # of Bedrooms: 3 Total Baths (Legacy): 1 Monthly Income: 600 Furnished Y/N: No # of Total Rooms: 6 Parking Total: 1

Unit 8 Info

Efficiency Y/N: No # of Bedrooms: 3 Total Baths (Legacy): 1 Monthly Income: 600 Furnished Y/N: No # of Total Rooms: 6 Parking Total: 1

Foundation

Other: 1 See Remarks: 1

Special Listing Conditions

Fair Market: 1

Parking Features

Other: 1

Water Source

Public: 1

Location Property Info

Current Price: $850,000 Property Sub Type: Multi Family Sold Price: $850,000 Status: Closed List Date: 2018-11-07 Street #: 28 UNIT Street Name: Package County: Allen State: OH Postal Code: 45801

Status Change Info

Status Change Date: 2019-06-28 Pending Date: 2019-04-04 Close Date: 2019-06-28 Sold Price: $850,000

Property Features

Architectural Style: Other; See Remarks Construction Materials: Other; See Remarks Cooling: Other; See Remarks Foundation: Other; See Remarks Heating: Other; See Remarks Listing Terms: Cash; Conventional Parking Features: Other Special Listing Conditions: Fair Market Water Source: Public
Listing Office: Hartsock Realty
IDX
Last Updated: September - 05 - 2024
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