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504 S Shawnee St, Lima, OH, 45804

3beds
2baths
--sqft
$149,000
--price/sqft
$1,213/moest. monthly cost
$48,520/yrincome needed

About This Home

Prime Investment Opportunity Steps from Lima Memorial Hospital. Maximize your portfolio with this high-performing income property generating more than $15,000 in annual net income, this unique setup offers immediate cash flow in a location second to none for rental demand. Situated within easy walking distance of Lima Memorial Hospital, this well maintained property is perfectly positioned to attract healthcare professionals and medical staff seeking a short commute. The property features two distinct living spaces that provide a rare ''house hacking'' opportunity for a savvy buyer. You can live in one unit while the other pays your mortgage, or rent both for maximum returns. The main residence is a spacious 1,132-square-foot, two-bedroom home with a comfortable layout, while the separate 320-square-foot efficiency unit is ideal for a low-maintenance tenant or the lucrative traveling nurse market making this a hospital-district gem. Easily accessible corner lot. Whether you are looking for a reliable turn-key investment or a home that pays for itself, this property delivers both stability and growth in the heart of Lima.

Getting Around

63
WalkingSomewhat Walkable
25
TransitSome Transit
52
BikeBikeable

Schools

5/10
Freedom Elementary SchoolGrades PK-40.2 mi
2/10
Lima Senior High SchoolGrades 9-120.6 mi

Construction

Materials

  • Foundation: Other

Type & Style

  • Home type: MultiFamily
  • Architectural style: See Remarks
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air,Window Unit(s)

Property

Details

  • Parcel number: 37321103012.000
  • Zoning description: Industrial

Parking

  • Parking features: Off Street