500-514 Nova Street, Lima, OH 45804 (MLS# 307510)

500-514 Nova Street, Lima, OH 45804

$630,000
Property Type: Residential Income Bedrooms: 16 Baths: 8 Lot Size (sq. ft.): 6,656 Status: Closed
Current Price: $630,000 List Date: 6/26/2025 Last Modified: 11/03/2025

Description

Here's an opportunity to scale you real estate portfolio with a fully renovated multi-family property. 2ea 4 unit properties that have been completely updated from the studs to the mechanicals. All the 2BR 1 Bath townhouse apartments come with appliances, washer/dryers and AC's in the units. This property is turn-key and ready to cashflow on day one. Room for rent growth and appreciation make this property a rare find.

More Information MLS# 307510

Location & Property Info

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

General Property Info

Lot Size Square Feet: 6656 Exceptions: 0 FEMA Flood Zone Y/N: No Bathrooms Total: 8 Bedrooms Total: 16 Bathrooms Half: 0 Rooms Total: 0 # Of Units Total: 8 Garage Spaces: 0 Bathrooms Full: 8 Year Built: 1941

Tax Info

Parcel #: 47-0612-06-009.000 Tax Annual Amount: 2952

Remarks & Misc

Public Remarks: Here's an opportunity to scale you real estate portfolio with a fully renovated multi-family property. 2ea 4 unit properties that have been completely updated from the studs to the mechanicals. All the 2BR 1 Bath townhouse apartments come with appliances, washer/dryers and AC's in the units. This property is turn-key and ready to cashflow on day one. Room for rent growth and appreciation make this property a rare find.

Status Change Info

Concession Comments: None Status Change Date: 2025-11-03 Pending Date: 2025-09-01 Close Date: 2025-10-31 Sold Price: $630,000

Unit 1 Info

# of Bedrooms: 2 # of Full Baths: 1 SqFt: 832 Monthly Income: 800

Unit 1 Features

Dryer Hookup: 1 Range: 1 Refrigerator: 1 Washer Hookup: 1

Architectural Style

Other: 1

Unit 2 Info

# of Bedrooms: 2 # of Full Baths: 1 SqFt: 832 Monthly Income: 800

Cooling

Central Air: 1

Listing Terms

Cash: 1 Conventional: 1

Unit 2 Features

Dryer Hookup: 1 Range: 1 Refrigerator: 1 Washer Hookup: 1

Unit 3 Info

# of Bedrooms: 2 # of Full Baths: 1 SqFt: 832 Monthly Income: 800

Unit 3 Features

Dryer Hookup: 1 Range: 1 Refrigerator: 1 Washer Hookup: 1

Unit 4 Info

# of Bedrooms: 2 # of Full Baths: 1 SqFt: 832 Monthly Income: 800

Possession

Negotiable: 1

Unit 4 Features

Dryer Hookup: 1 Range: 1 Refrigerator: 1 Washer Hookup: 1

Unit 5 Info

# of Bedrooms: 2 # of Full Baths: 1 SqFt: 832 Monthly Income: 825

Heating

Forced Air: 1 Natural Gas: 1

Unit 6 Info

# of Bedrooms: 2 # of Full Baths: 1 SqFt: 832 Monthly Income: 825

Unit 7 Info

# of Bedrooms: 2 # of Full Baths: 1 SqFt: 832 Monthly Income: 750

Unit 8 Info

# of Bedrooms: 2 # of Full Baths: 1 SqFt: 832 Monthly Income: 750

Foundation

Block: 1

Sewer

Public Sewer: 1

Parking Features

Off Street: 1 On Street: 1

Levels

Two: 1

Water Source

Public: 1

Roof

Asphalt: 1

Location Property Info

Current Price: $630,000 Original List Price: 650000 Property Sub Type: Multi Family Sold Price: $630,000 Status: Closed List Date: 2025-06-25 Street #: 500-514 Street Name: Nova Street Suffix: Street County: Allen State: OH Postal Code: 45804

Property Features

Unit 1 Features: Dryer Hookup; Range; Refrigerator; Washer Hookup Unit 2 Features: Dryer Hookup; Range; Refrigerator; Washer Hookup Unit 3 Features: Dryer Hookup; Range; Refrigerator; Washer Hookup Unit 4 Features: Dryer Hookup; Range; Refrigerator; Washer Hookup Architectural Style: Other Cooling: Central Air Foundation: Block Heating: Forced Air; Natural Gas Levels: Two Listing Terms: Cash; Conventional Parking Features: Off Street; On Street Possession: Negotiable Roof: Asphalt Sewer: Public Sewer Water Source: Public
Listing Office: Hartsock Realty
IDX
Last Updated: November - 03 - 2025
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