705 W Elm Street, Lima, OH 45801
Local realty services provided by:ERA Geyer Noakes Realty Group
705 W Elm Street,Lima, OH 45801
$142,000
- 5 Beds
- 2 Baths
- 2,711 sq. ft.
- Single family
- Active
Listed by: madison guckes
Office: oakridge realty & auction co.
MLS#:311481
Source:OH_WCAR
Price summary
- Price:$142,000
- Price per sq. ft.:$52.38
About this home
Investor Opportunity in Lima: Add this spacious Lima duplex to your investment portfolio! This property features two separate units with a combined 5 bedrooms and 2 full bathrooms, offering excellent rental potential and desirable layouts for tenants. The lower unit offers approximately 1,496 sq. ft. with 3 bedrooms and 1 full bathroom. The unit features a spacious floor plan, hardwood flooring, an updated bathroom, gas forced-air heat, central air, and washer and dryer hookups in the basement. The downstairs unit currently rents for $1,000 per month, with the lease valid through October 2026. The upper unit at 705 1/2 W. Elm St. offers approximately 1,177 sq. ft. with 2 bedrooms and 1 full bathroom. This unit features spacious rooms, an updated bathroom, washer-and-dryer hookups conveniently located near the kitchen, and electric baseboard heat. The upstairs unit currently rents for $800 per month, with the lease valid through March 27, 2027.
Additional features include separate electrical panels for each unit, rear parking access for tenants, a roof and gutters replaced in 2020, and many replacement windows completed in 2019. With $1,800 in combined monthly rental income, this property offers an opportunity for an investor seeking an income-producing duplex in Lima....
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Home facts
- Year built:1920
- Listing ID #:311481
- Added:1 day(s) ago
- Updated:September 06, 2026 at 03:12 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:9
- Living area:2,711 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Baseboard, Forced Air, Natural Gas
- Central air:Yes
Structure and exterior
- Year built:1920
- Building area:2,711 sq. ft.
- Architectural Style:2 Story
- Construction Materials:Brick, Vinyl Siding
- Foundation Description:Block
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$142,000
- Price per sq. ft.:$52.38
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