Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
For sale 17 days ago

$216,606

4 bd 2 ba 2125 sqft

509 N Elizabeth St, Lima, OH 45801

Residential Duplex Occupied Off MLS

Current Rent **

$1,129

Projected Rent **

$1,894

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent: $475
  • Bedroom: 1 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: Yes
Unit 2 Details
  • Current Rent: $654
  • Bedroom: 3 bd
  • Bathroom: 1 ba
  • Square Footage: 2125 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: Yes

(𝗟𝗶𝗺𝗮, 𝗢𝗛) 𝗗𝘂𝗽𝗹𝗲𝘅 | 𝟭𝟬𝟬% 𝗢𝗰𝗰𝘂𝗽𝗶𝗲𝗱 | 𝗚𝗿𝗲𝗮𝘁 𝗼𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗳𝗼𝗿 𝗮𝗻 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀!

ARV: $265K
Actual Rent: $1,125/month
Potential Rent: $1,894/month

Unit Mix:
One 1BR/1 Bath Unit
One 3BR/1 Bath Unit

Occupancy: 100% Occupied
Current Rents: $475 and $650
Market Rents: $838 and $1,056/Unit
Taxes: $800
Insurance: $700
Utilities: Tenants pay for all utilities except for water and sewer.
Building Square Footage: 2,125 Sq Ft
Lot Size: 5,314 Sq Ft
Year Built: 1920

Management: Currently self-managed, but excellent local property management company ready to step in and manage this one for the next owner.

Due Diligence: While we do our best to get all the relevant information to you, buyers are encouraged to do their own due diligence. (See Important Disclosures Below)

Location:

509 N Elizabeth St, Lima, OH 45801

Looking for an agent?
Start a rental property calculator report
Use the rental calculator to determine this property's potential profit.
Analyze this property

* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.