Welcome to Unit 198 at the Gatehouse Condominiums in Lima, Ohio! This efficiency unit features a compact, functional layout with one bathroom and is currently tenant-occupied, bringing in $750 per month in rental income.Located in a well-maintained, professionally managed community, this unit offers a low-maintenance investment opportunity with consistent cash flow. Whether you're a seasoned investor or just starting out, this affordable condo makes a smart addition to any portfolio.
Active
$75,000
2275 N Cable Rd APT 198, Lima, OH 45807
1beds
430sqft
Est.:
Condominium
Built in 1970
-- sqft lot
$70,900 Zestimate®
$174/sqft
$115/mo HOA
What's special
Compact functional layout
- 26 days
- on Zillow |
- 94 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: June 26, 2025 at 12:44am
Listed by:
Jeremy Huebner 567-204-5590,
Binkley Real Estate, LLC
Source: WRIST,MLS#: 1039643
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 430
- Total interior livable area: 430 sqft
Property
Parking
- Parking features: No Garage
Features
- Levels: Other
Lot
- Features: Residential Lot
Details
- Parcel number: 36220102012198
- Zoning description: Residential
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Other
Condition
- Year built: 1970
Utilities & green energy
- Sewer: Public Sewer
- Water: Supplied Water
Community & HOA
Community
- Subdivision: Gatehouse Condo
HOA
- Has HOA: No
- Services included: Trash
- HOA fee: $115 monthly
Location
- Region: Lima
Financial & listing details
- Price per square foot: $174/sqft
- Tax assessed value: $37,200
- Annual tax amount: $590
- Date on market: 6/26/2025
- Listing terms: Cash,Conventional
- Ownership: Non-Occupant
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