Lima, OH 45807,2275 N Cable Road
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2275 N Cable Road Lima, OH 45807


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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

MLS Listing ID 225040786

HOA Fees $150/mo

HOA Y/N Yes

Year Built 1970

Annual Tax Amount $25,750

Property Sub-Type Condominium

Source Columbus and Central Ohio Regional MLS

Stories One

Property Description

Outstanding investment opportunity! This 43-unit condo complex offers a rare chance to own an established income-producing property in a highly desirable Lima location near restaurants, shopping, and major highways. The property features a mix of two-bedroom, one-bath and one-bedroom, one-bath condos--each with a functional layout, individual entrances, and well-maintained interiors. The units are consistently occupied and generate strong, reliable rental income, making this an ideal turnkey addition to any investor's portfolio. Situated on a well-kept property with ample parking, this development combines long-term stability with future upside potential. Opportunities like this--where the heavy lifting is already done--don't come around often!

Location

State OH

County Allen

Direction Starting in Columbus, Ohio, head west on I-70 toward Dayton and merge onto I-75 North toward Lima. Continue on I-75 North for about 55 to 65 miles, then take Exit 138 for US-30 West/US-33 West toward Lima. Follow US-30 West until you reach the exit for State Route 309 and Cable Road. Turn left onto North Cable Road and continue for about two to three miles. Your destination is on the left side

Rooms

Other Rooms None

Dining Room No

Interior

Heating Forced Air

Cooling Central Air

Equipment No

Laundry No Laundry Rooms

Exterior

Parking Features On Street

Building

Level or Stories One

Schools

High Schools Elida Lsd 205 All Co.

School District Elida Lsd 205 All Co.

Others

Tax ID 36-2201-02-012.205


Listed by Jeremy John Huebner BINKLEY REAL ESTATE LLC
Ryan Reynolds

Ryan Reynolds

Agent | License ID: 2001002071

+1(614) 726-6971

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2275 N Cable Road