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2275-114 N Cable Road

Lima, OH 45807
  • $88,500
  • STATUS: Active Under Contract
  • ON SITE: 13 Days
  • MLS #: 306011
Under Contract
UPDATED: 36 min ago
$88,500
  • 2
    BEDS
  • 0
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 816
    SQFT
  • $108
    $/SQFT
Type:
Condo
Built:
1970
County:
Area:

School Ratings & Info

School District:

Description

This 816-square-foot, agent owned, condominium is located on the second floor of the desirable Gatehouse Condo community. Offering a comfortable and well-maintained living space, this unit provides a perfect opportunity for investors looking to add a property to their portfolio. The condo features two spacious bedrooms and one bathroom, making it an ideal choice for small families, professionals, or roommates. The space has been recently updated with new paint and upgraded plumbing, ensuring a modern and move-in-ready environment for any potential buyer. One of the key highlights of this property is its affordability, with a low monthly fee of only $177, which covers essential services like common area maintenance, upkeep of the community, water, trash. The HOA fee will increase by 15% with a one time assessment fee of $150. The condominium comes with an assigned parking space, adding a layer of convenience and peace of mind for residents who own a vehicle. Additionally, there is an on-site laundry facility, allowing for easy access to laundry services. This feature is particularly beneficial for those who prefer not to deal with laundromats. For investors, this property is especially attractive due to its potential for consistent rental income. The Gatehouse Condo community itself is known for its friendly and well-maintained environment, making it a desirable location for tenants and homeowners alike. Residents can enjoy a sense of privacy and tranquility while being close to essential amenities, including shopping centers, schools, and public transport.

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© 2025 West Central Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Team Mangini | Superior Plus Realtors. Data last updated: 2025-01-25T11:40:50.867.
www.lovelimahomes.com/homes/159367293
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2275-114 N Cable Road Lima, OH 45807

  • Price: $88,500
  • Status: Active Under Contract
  • On Site: 13 Days
  • Updated: 36 min ago
  • MLS #: 306011
2
Beds
1
Baths
0
½ Baths
0
Acres
816
SQFT
$108
$/SQFT
1970
Built
County:
Allen
Area:
Lima
School District:
Elida
Property Description
This 816-square-foot, agent owned, condominium is located on the second floor of the desirable Gatehouse Condo community. Offering a comfortable and well-maintained living space, this unit provides a perfect opportunity for investors looking to add a property to their portfolio. The condo features two spacious bedrooms and one bathroom, making it an ideal choice for small families, professionals, or roommates. The space has been recently updated with new paint and upgraded plumbing, ensuring a modern and move-in-ready environment for any potential buyer. One of the key highlights of this property is its affordability, with a low monthly fee of only $177, which covers essential services like common area maintenance, upkeep of the community, water, trash. The HOA fee will increase by 15% with a one time assessment fee of $150. The condominium comes with an assigned parking space, adding a layer of convenience and peace of mind for residents who own a vehicle. Additionally, there is an on-site laundry facility, allowing for easy access to laundry services. This feature is particularly beneficial for those who prefer not to deal with laundromats. For investors, this property is especially attractive due to its potential for consistent rental income. The Gatehouse Condo community itself is known for its friendly and well-maintained environment, making it a desirable location for tenants and homeowners alike. Residents can enjoy a sense of privacy and tranquility while being close to essential amenities, including shopping centers, schools, and public transport.
Exterior Features

Architectural Style Ranch Construction Materials BrickVinyl Siding Exterior Features [] Foundation Details Slab Lot Features [] Other Structures [] Parking Features [] Parking Total 1 Patio And Porch Features CoveredDeck Pool Features [] Private Pool YN No

Interior Features

Appliances DishwasherDisposalElectric CooktopGas Water HeaterOvenRefrigerator Basement [] Basement YN No Cooling Central Air Cooling YN Yes Fireplace Features [] Fireplace YN No Flooring CarpetLaminate Heating Forced AirNatural Gas Heating YN Yes Interior Features [] Levels One Rooms Total 4 Window Features DrapesScreens

Property Features

Accessibility Features [] Association Amenities Laundry Association Fee 177 Association Fee Frequency Monthly Association Fee Includes Common AreaMaintenance GroundsMaintenance StructureSnow RemovalTrashOther Association YN Yes Condominium Name Gatehouse Enhanced Accessible No FEMAFlood Zone YN No Home Warranty YN No Listing Terms CashConventional New Construction YN No Possession Close Of Escrow Property Condition Updated/Remodeled Property Sub Type Condominium Security Features Smoke Detector(s) Sewer Public Sewer Special Listing Conditions Fair Market Tax Annual Amount 660 Township American Utilities Cable AvailableElectricity ConnectedNatural Gas ConnectedWater Connected Water Source Public Zoning Description Multi-Family

Listing information © 2025 West Central Association of Realtors MLS
Listing provided by Crystal Casey of Berkshire Hathaway Professional Realty : 419-331-7653.



© 2025 West Central Association of Realtors MLS. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Team Mangini | Superior Plus Realtors. Data last updated: 2025-01-25T11:40:50.867.
 
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Team Mangini | Superior Plus Realtors
2903 Elida Rd.
Lima OH, 45805