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Key Details
Sold Price $118,900
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,464 sqft
Price per Sqft $48
Subdivision Midway Add
MLS Listing ID 1027932
Sold Date 11/15/23
Bedrooms 5
Full Baths 2
Year Built 1938
Annual Tax Amount $882
Tax Year 2022
Lot Size 7,405 Sqft
Lot Dimensions 48x150
Property Description
828 Richie Ave Lima downstairs rent with garage is $990 / month. Upstairs rent is $940/month. The landlord pays approximately $200-250 in utilities monthly. Both units are very well maintained and not in need of repairs. Tenants both would like to stay. Rent is deposited monthly into landlords account and the utilities are pulled from the account by the city monthly. Lawn care and trash is taken care of by the tenants. This is truly a hands off operation. With a capitalization rate of over 16% this property wont last long! Reach out today for a showing.
Location
State OH
County Allen
Area 599 Outside / All Other Areas
Rooms
Basement Unfinished
Interior
Heating Forced Air, Radiant, Natural Gas
Exterior
Exterior Feature Vinyl Siding, Wood Siding
Parking Features Attached
Garage Spaces 2.0
Building
Foundation Cellar
Sewer Public Sewer
Water Supplied Water
Schools
School District 0206 Lima Csd
Others
Financing Cash,Conventional
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