Cathy Smith Realtor since 2000
Real Estate Sales, & Internet Marketing since 2000
REALTOR®, 2000000409
BEDS3
BATHS2 full
SQUARE FEET1,409
MLS#310061
STATUSComing Soon
PROPERTY TYPEResidential - Single Family
SCHOOLLima
Property Description
Looking for a solid addition to your portfolio or your next flip project? This 1914-built traditional two-story home in Lima offers the perfect bones and the most desirable rental configuration: 3 Bedrooms and 2 Full Bathrooms. At 1,409 square feet, this property provides a substantial footprint that is easy to manage but large enough to command top-tier market rents or a strong resale price. This home features low-maintenance vinyl siding, allowing you to focus your renovation budget where it matters most--the interior.Investment Highlights:The Layout: A rare 3-bedroom, 2-full bath setup. Having that second bathroom is a significant competitive advantage in the Lima rental market.The Structure: Solid 1914 construction. This is a straight and sturdy house that has stood the test of time, providing a reliable foundation for your updates.The Lot: A surprisingly deep backyard offers massive potential for outdoor living space, garden area, or a secure play space for tenants.Exterior: Vinyl siding in good condition and a shared driveway for off-street access.The Upside: The home is currently a blank canvas. It needs cosmetic TLC and interior modernization, making it the ideal candidate for a BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy or a straightforward flip.Location & Potential:Situated conveniently within the city, you are minutes away from local employment hubs, shopping, and dining. With 3/2 homes in high demand, the sweat equity potential here is significant.Terms:Property sold As-Is. Bring your contractor and your vision to unlock the immediate equity in this Lima classic - dont let this one slip through the cracks!
Property Features
Property Type: Residential - Single Family
Cooling: None
Fenced: Yes
Heating: Forced Air
Home Style: 2 Story
Taxes: $621
Year Built: 1914
Feature Descriptions
Appliances: Range, Gas Water Heater
Dining Room: Kitchen/Dinette, Living/Dining Room Combo
Exterior: Fenced
Exterior: Aluminum Siding
Flooring: Carpet, Vinyl, Laminate
Foundation: Block, See Remarks
Parcel #: 36-3605-06-011.000
Patio/Porch: Porch
Rooms Total: 7
Sewer: Public Sewer
Water: Public
Local Schools
School District: Lima
Listed By / Shown By
Listed By
Agency Name: KW Greater Columbus Realty
Agency Phone: (614) 944-5900
Agent Name: Kate Shulaw
Shown By
Agent Name: Cathy Smith Realtor since 2000
Agent Phone: Cell: (419) 280-3942
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 728.57 per month $643.28 Principal & Interest $51.75 Property Tax $33.54 Homeowner's InsuranceChange Payment Information
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854 W Wayne Street | MLS# 310061
This single family home located at 854 W Wayne Street, Lima, OH 45801 is currently listed for sale with an asking price of $115,000. This property was built in 1914 and has 3 bedrooms and 2 full baths with 1409 sq. ft. W Wayne Street is located within the Lima school district. Search Lima real estate on cathysmith.ikeyrealty.com today.