Closed

201-211 Grand

Lima, OH 45801

$350,000

MLS #307647

Listing courtesy of Dye Real Estate & Land Company · Garrett Gatton · Source: WCAR MLS

Bedrooms

Bathrooms

Type

Multi-Family

About this home

Great investment opportunity for this 6 - Unit apartment complex on Lima's north end. These town home apartments are identical floor plans at 1,020 SF and 2 beds / 1 bath each. Private carport and parking on the west end of the property. Located less than 1/2 mile from Lima's revitalized downtown. 3 apartments recently renovated. Gross cash flow of $4,025/mo with tremendous rent upside.

Property details

Listed: 7/14/2025
Listing office: Dye Real Estate & Land Company
Listing agent: Garrett Gatton
ZIP: 45801
Status: Closed

Listing information

Listing courtesy of Dye Real Estate & Land Company · Garrett Gatton · Source: WCAR MLS

MLS #307647 · Source: WCAR MLS

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Investment property loan estimator

Purchase priceDown payment — 25% ($87,500)

Interest rate

Loan term

Property tax

%/yr

Insurance

HOA / fees

Estimated monthly

$2,432

per month, all-in

Principal & interest: $1,791
Property tax: $467
Insurance: $175

2–4 unit investment properties typically require 20–25% down for non-owner-occupied financing. Owner-occupied house-hacking (live in one unit) may qualify for 3.5–5% down with FHA/conventional. Estimates only.