Lima, OH 45801
MLS #310061
Listing courtesy of KW Greater Columbus Realty · Kate Shulaw · Source: WCAR MLS
Looking for a solid addition to your portfolio or your next flip project? This 1914-built traditional two-story home in Lima offers the perfect 'bones' and the most desirable rental configuration: 3 Bedrooms and 2 Full Bathrooms. At 1,409 square feet, this property provides a substantial footprint that is easy to manage but large enough to command top-tier market rents or a strong resale price. This home features low-maintenance vinyl siding, allowing you to focus your renovation budget where it matters most--the interior. Investment Highlights: The Layout: A rare 3-bedroom, 2-full bath setup. Having that second bathroom is a significant competitive advantage in the Lima rental market. The Structure: Solid 1914 construction. This is a 'straight and sturdy' house that has stood the test of time, providing a reliable foundation for your updates. The Lot: A surprisingly deep backyard offers massive potential for outdoor living space, garden area, or a secure play space for tenants. Exterior: Vinyl siding in good condition and a shared driveway for off-street access. The Upside: The home is currently a blank canvas. It needs cosmetic TLC and interior modernization, making it the ideal candidate for a BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy or a straightforward flip. Location & Potential: Situated conveniently within the city, you are minutes away from local employment hubs, shopping, and dining. With 3/2 homes in high demand, the 'sweat equity' potential here is significant. Terms: Property sold As-Is. Bring your contractor and your vision to unlock the immediate equity in this Lima classic - don't let this one slip through the cracks!
Listing courtesy of KW Greater Columbus Realty · Kate Shulaw · Source: WCAR MLS
MLS #310061 · Source: WCAR MLS
IDX information is provided by the West Central Association of REALTORS® MLS (WCAR MLS) and MLS Now exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Information is deemed reliable but is not guaranteed accurate by the MLS, and properties may no longer be available. Each listing is identified with the name of its listing brokerage.
Estimated monthly
$629
per month, all-in
Estimates only. Actual payments vary by lender, credit, taxes, insurance, and HOA. Not a loan offer. Contact LV5 for a referral to a trusted local lender.
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