5 HOUSE Class B Package, Lima, OH 45805 (MLS# 111156)

5 HOUSE Class B Package, Lima, OH 45805

$264,150
Property Type: Residential Income Bedrooms: 17 Status: Closed
Current Price: $264,150 List Date: 12/30/2018 Last Modified: 9/05/2024

Description

Well managed package of 5 houses available for purchase as a group. Many updates have been done to improve these properties in recent years. Fully rented and cash flowing. 13% Cap rate. Can be purchased with 2 other packages for a 12 house/13 unit package for $500K, cap rate of 16% for entire package.

More Information MLS# 111156

Location & Property Info

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

General Property Info

Land Lease Y/N: No Lot Size Dimensions: On file Lot Size Square Feet: 0 Exceptions: No Legal Description: On file FEMA Flood Zone Y/N: No Bedrooms Total: 17 Rooms Total: 32 # Of Units Total: 5

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: Well managed package of 5 houses available for purchase as a group. Many updates have been done to improve these properties in recent years. Fully rented and cash flowing. 13% Cap rate. Can be purchased with 2 other packages for a 12 house/13 unit package for $500K, cap rate of 16% for entire package.

Unit 1 Info

Efficiency Y/N: No # of Bedrooms: 3 Total Baths (Legacy): 1 SqFt: 1290 Monthly Income: 735 Furnished Y/N: No # of Total Rooms: 6 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: 3 Total Baths (Legacy): 1 SqFt: 1290 Monthly Income: 690 Furnished Y/N: No # of Total Rooms: 6 Parking Total: 1

Cooling

Other: 1 See Remarks: 1

Listing Terms

Cash: 1 Conventional: 1

Unit 3 Info

Efficiency Y/N: No # of Bedrooms: 3 Total Baths (Legacy): 1 SqFt: 1093 Monthly Income: 498 Furnished Y/N: No # of Total Rooms: 6 Parking Total: 1

Unit 4 Info

Efficiency Y/N: No # of Bedrooms: 3 Total Baths (Legacy): 1.5 SqFt: 1696 Monthly Income: 700 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: 0 New Taxes Expense: 0 Operating Expense: 0 Other Expense: 0 Water Sewer Expense: 0

Unit 5 Info

Efficiency Y/N: No # of Bedrooms: 5 Total Baths (Legacy): 2 SqFt: 2602 Monthly Income: 1000 Furnished Y/N: No # of Total Rooms: 8 Parking Total: 1

Heating

Other: 1 See Remarks: 1

Unit 6 Info

Efficiency Y/N: No Total Baths (Legacy): 0 Monthly Income: 0 Furnished Y/N: No

Unit 7 Info

Efficiency Y/N: No Total Baths (Legacy): 0 Monthly Income: 0 Furnished Y/N: No

Unit 8 Info

Efficiency Y/N: No Total Baths (Legacy): 0 Monthly Income: 0 Furnished Y/N: No

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: $264,150 Property Sub Type: Multi Family Sold Price: $264,150 Status: Closed List Date: 2018-12-30 Street #: 5 HOUSE Street Name: Class B Package County: Allen State: OH Postal Code: 45805

Status Change Info

Status Change Date: 2019-04-18 Pending Date: 2019-03-08 Close Date: 2019-04-18 Sold Price: $264,150

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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