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Sold for $215,000
  • $215,000

    724-730 N Charles St #726-728, Lima, OH 45805

    8beds
    4,032sqft
    Multi Family
    Built in 1927
    -- sqft lot
    $261,200 Zestimate®
    $53/sqft
    $979 Estimated rent

    Home value

    $261,200

    $238,000 - $290,000

    $979/mo

    Zestimate® history
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    $979/mo

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    $979/mo

    Rent Zestimate®

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    $1,450/mo

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    $1,450/mo

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    What's special

    $$$SELLER IS OFFERING 3 POINTS BACK TO USE HOW YOU LIKE! BUY DOWN YOUR RATE OR USE TOWARDS DOWN PAYMENT OR DO UPGRADES.$$$$$ Welcome to this exceptional four-unit income property. This well-maintained property presents an ideal opportunity for savvy investors seeking a steady stream of rental income and long-term appreciation potential. **Property Highlights:** - **Location:** Situated on the North end of, known for its convenience, safety, and strong rental demand. - **Unit Configuration:** This property consists of four well-appointed units, each offering 2 bedrooms and 1 bathroom. - **Rental Income:** With all units currently leased, enjoy immediate rental income. - **Low Vacancy Rate:** The property's prime location ensures a historically low vacancy rate, maximizing your investment's potential. **Financial Information:** is available in the MLS. **Value-Add Potential:** - **Rent Increase:** Current rents are below market average, providing an immediate opportunity to increase cash flow through rent adjustments. - **Renovation Upside:** A well-executed renovation strategy could further enhance property value and rental income potential. - **Utility Upgrades:** Implementing energy-efficient features could reduce operating costs and attract environmentally-conscious tenants. Don't miss the chance to capitalize on a strong rental market and secure your financial future. Contact us today to schedule a private viewing and explore the countless possibilities this investment property presents. Your future prosperity starts here.

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Schomber 567-825-3104,

    EXP Realty-Dublin

    Bought with:

    Non Member

    Non-member Office

    Source: WCAR OH,MLS#: 301931MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Basement: Block,Unfinished
    Interior area
    • Total structure area: 4,032
    • Total interior livable area: 4,032 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Patio & porch: Covered, Porch
    Details
    • Parcel number: 36251018014.000
    • Zoning description: Multi-Family
    • Special conditions: Fair Market

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Block
    • Roof: Flat,See Remarks
    Condition
    • Year built: 1927

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Available

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Lima

    Financial & listing details

    • Price per square foot: $53/sqft
    • Date on market: 8/24/2023
    • Listing terms: Cash,Conventional
    • Tenant pays: Gas, Trash Collection, Cable TV, Electricity
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/1/2024Sold$215,000-4.4%$53/sqft
    Source: WCAR OH #301931 Report a problem
    10/30/2023Contingent$225,000$56/sqft
    Source: WCAR OH #301931 Report a problem
    10/30/2023Pending sale$225,000$56/sqft
    Source: WCAR OH #301931 Report a problem
    9/25/2023Price change$225,000-8.2%$56/sqft
    Source: WCAR OH #301931 Report a problem
    8/24/2023Listed for sale$245,000$61/sqft
    Source: WCAR OH #301931 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 45805

    Nearby schools

    GreatSchools rating
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