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2275 N Cable Road, Lima, OH 45807

Lima
Local realty services provided by:CENTURY 21 The Gene Group
2275 N Cable Road,Lima, OH 45807
$3,500,000
  • 47 Beds
  • 30 Baths
  • 700 sq. ft.
  • Multi-family
  • Active
Listed by: jeremy huebner
Office: binkley real estate, llc.
MLS#:1041954
Source:OH_WRIST

Price summary

  • Price:$3,500,000
  • Price per sq. ft.:$5,000

About this home

Outstanding investment opportunity! This 43-unit condo complex offers a rare chance to own an established income-producing property in a highly desirable Lima location near restaurants, shopping, and major highways. The property features a mix of two-bedroom, one-bath and one-bedroom, one-bath condos—each with a functional layout, individual entrances, and well-maintained interiors. The units are consistently occupied and generate strong, reliable rental income, making this an ideal turnkey addition to any investor's portfolio. Situated on a well-kept property with ample parking, this development combines long-term stability with future upside potential. Opportunities like this—where the heavy lifting is already done—don't come around often!

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Home facts

  • Year built:1970
  • Listing ID #:1041954
  • Added:156 day(s) ago
  • Updated:March 19, 2026 at 04:00 PM

Rooms and interior

  • Bedrooms:47
  • Total bathrooms:30
  • Full bathrooms:30
  • Living area:700 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1970
  • Building area:700 sq. ft.
  • Construction Materials:Wood Siding
  • Foundation Description:Slab

Utilities

  • Water:Supplied Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,500,000
  • Price per sq. ft.:$5,000
  • Tax amount:$39,000 (2024)

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