8 unit house package, Lima, OH 45805

$500,000
4
BD
1
BA

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List Price
$500,000
MLS#
310974
Status
ACTIVE
Type
Multifamily
Subtype
Residential Income
Style
Other
Bedrooms
4
Full Baths
1
County
Allen
City
Lima

Property Description

Excellent investment opportunity featuring an 8-unit residential portfolio across five properties, offered together as one package for $500,000. The list price reflects the entire portfolio. The package includes 609 N Cole St, 323 Maple Ln, 332?336 S Pierce St with four 1-bedroom units, 618 Faurot Ave, and 419 S Scott St. The portfolio offers a diverse unit mix consisting of single-family residences and a four-unit building. Six of the eight units are currently occupied, providing immediate rental income, while the two vacant units offer additional income potential. Current rent information reflects approximately $6,150 per month and $73,800 annually. Properties are considered turnkey, making this a strong opportunity for an investor looking to add multiple income-producing units in one acquisition. For More information, contact the listing agent!

Additional Information

Foundation
Block
School District
Lima

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Listing Courtesy of: Seth Ciminillo with office: Dye Real Estate & Land Company