Rare value-add opportunity in a highly desirable Lima location near Ottawa Reservoir. This 3 bedroom, 3 bathroom ranch offers 1,852 sq ft on the main level with an additional 1,683 sq ft full unfinished basement, creating the potential to finish into a 5 bedroom, 4 bathroom home depending on your layout. Originally designed with a functional ranch floor plan, the home is now approximately 90% demoed on the interior—providing a true blank slate for investors, builders, or buyers looking to customize from the ground up. Major capital improvements have already been completed, including a brand new roof, new siding, new windows, and a new furnace located in the garage. An AC unit is on-site and ready for install. The property also features a brand new poured concrete driveway with a large apron, along with a concrete patio off the sliding glass door—ideal for future outdoor living space. Positioned just minutes from Ottawa Reservoir, the location supports strong resale demand and long-term value. After repair value is estimated between $360,000-$385,000 depending on finish level and design execution. Property is being sold as-is. Cash or conventional financing only.
81 days
|
702
|
8
|
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Tyler Secrist260-573-5748,
Century 21 Sunway Realty
Source: NORIS,MLS#: 10007002
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1
Bedroom 2
Level: Main
Dimensions: 10 x 11
Bedroom 3
Level: Main
Dimensions: 10 x 12
Other
Level: Main
Dimensions: 12 x 13
Kitchen
Level: Main
Dimensions: 14 x 18
Laundry
Level: Main
Dimensions: 9 x 8
Living room
Level: Main
Dimensions: 16 x 15
Heating
None
Cooling
None
Appliances
Laundry: Main Level
Features
Open Floorplan, Primary Bathroom
Flooring: Other
Basement: Concrete,Unfinished
Number of fireplaces: 2
Fireplace features: Basement, Family Room
Common walls with other units/homes: No Common Walls
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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