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508 Collett St, Lima, OH 45805

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For Sale

$70,750

2 beds • 1 baths • 945 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $74.87
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

This tenant-occupied 2-bedroom, 1-bath single-family home offers approximately 945 sq ft of living space and steady cash flow potential. Currently rented at $600 per month, the property is below market rent, presenting an opportunity for increased returns over time. The home includes a functional floor plan and off-street parking. Conveniently located near schools, parks, shopping, and major roads, it offers easy access for tenants and reliable long-term rental appeal. Whether you're acquiring your first investment or expanding an existing portfolio, this property provides consistent income with upside in the Lima rental market.
MLS# 9066802

Courtesy Of Key Realty

(877) 539-7589

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Fireplace
    Fireplace
  • Heating System
    Baseboard
  • Lot Size
    3,484.8 Acres
  • Rooms
    Basement, Dining Room, Family Room, Great Room, Kitchen, Living Room

Map and Directions

Directions to 508 Collett St, Lima, OH 45805

Home seller CENTURY 21 Excellence Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Excellence Realty

(800) 783-2100
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Mansfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.