Description
Welcome to an exceptional investment opportunity! This investment property is located in a prime location within walking distance from Lima Memorial Hospital and other medical facilities helping to ensure high rental demand!With the current rental rates, which have adjustment possibilities, and expenses, this property is cash flow positive from day one. Add that it's a possible 6 unit Income property (2 units under renovation) will allow you to increase your rental income even further. 526 S. Shawnee (Unit 1A/1B) is an up and down duplex that rents for $400 and $650/month. Some new paint and toilet. Rear Unit (Unit 1C) was a previous rental and has a new metal roof but is now used for storage. Potential to be 6th unit.528 S. Shawnee (Unit 2A) is a home that rents for $850/month and has some new paint and flooring. Rear Unit (Unit 2B) is a converted garage that is under renovations with new paint, flooring, shower and most material to complete it. It previously rented for $475 before construction. 530 S. Shawnee (Unit 3) is a single family home that rents for $475.Don't miss out on this incredible investment opportunity. Call now to schedule a private tour and secure your future financial success!
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10BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
Description
Welcome to an exceptional investment opportunity! This investment property is located in a prime location within walking distance from Lima Memorial Hospital and other medical facilities helping to ensure high rental demand!With the current rental rates, which have adjustment possibilities, and expenses, this property is cash flow positive from day one. Add that it's a possible 6 unit Income property (2 units under renovation) will allow you to increase your rental income even further. 526 S. Shawnee (Unit 1A/1B) is an up and down duplex that rents for $400 and $650/month. Some new paint and toilet. Rear Unit (Unit 1C) was a previous rental and has a new metal roof but is now used for storage. Potential to be 6th unit.528 S. Shawnee (Unit 2A) is a home that rents for $850/month and has some new paint and flooring. Rear Unit (Unit 2B) is a converted garage that is under renovations with new paint, flooring, shower and most material to complete it. It previously rented for $475 before construction. 530 S. Shawnee (Unit 3) is a single family home that rents for $475.Don't miss out on this incredible investment opportunity. Call now to schedule a private tour and secure your future financial success!
© 2023 West Central Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Binkley Real Estate, LLC. Data last updated: 2023-09-25T21:40:39.15.