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$ 75,000
Est. payment | /mo
1 Bed
1 Bath
430 SqFt
$ 75,000
Est. payment | /mo
1 Bed
1 Bath
430 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 430 sqft
Price per Sqft $174
Subdivision Gatehouse Condo
MLS Listing ID 1039643
Style Attached
Bedrooms 1
Full Baths 1
Year Built 1970
Annual Tax Amount $590
Tax Year 2024
Property Sub-Type Condominium
Property Description
Welcome to Unit 198 at the Gatehouse Condominiums in Lima, Ohio! This efficiency unit features a compact, functional layout with one bathroom and is currently tenant-occupied, bringing in $750 per month in rental income.Located in a well-maintained, professionally managed community, this unit offers a low-maintenance investment opportunity with consistent cash flow. Whether you're a seasoned investor or just starting out, this affordable condo makes a smart addition to any portfolio.
Location
State OH
County Allen
Area 599 Outside / All Other Areas
Zoning Residential
Rooms
Basement None
Interior
Heating Forced Air
Cooling Central Air
Exterior
Exterior Feature Brick
Parking Features No Garage
Building
Foundation Other
Sewer Public Sewer
Water Supplied Water
Level or Stories Other
Schools
School District 0205 Elida Lsd
Others
Ownership Non-Occupant
Financing Cash,Conventional
Listed by Binkley Real Estate, LLC