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2275-198 N Cable Road

Lima, OH 45807
  • $75,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 307499
UPDATED: 46 min ago
$75,000
  • 1
    BEDS
  • 0
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 430
    SQFT
  • $174
    $/SQFT
Type:
Condo
Built:
1970
County:
Allen
Area:
Lima

School Ratings & Info

School District:
Elida
Visit GreatSchools.org

Description

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.

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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: 2025-07-20T08:40:57.303.
www.lovelimahomes.com/homes/165264385
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2275-198 N Cable Road Lima, OH 45807

  • Price: $75,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 46 min ago
  • MLS #: 307499
1
Beds
1
Baths
0
½ Baths
0
Acres
430
SQFT
$174
$/SQFT
1970
Built
County:
Allen
Area:
Lima
School District:
Elida
Property Description
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.
Exterior Features

Architectural Style Other Attached Garage YN No Construction Materials [] Exterior Features [] Foundation Details Other Lot Features [] Other Structures [] Parking Features None Patio And Porch Features [] Pool Features []

Interior Features

Appliances [] Basement [] Cooling Central Air Cooling YN Yes Fireplace Features [] Flooring [] Heating Forced Air Heating YN Yes Interior Features [] Levels [] Rooms Total 4 Window Features []

Property Features

Accessibility Features [] Annual Sewer Assessment 0 Annual Water Assessment 0 Association Amenities [] Association Fee 115 Association Fee Frequency Monthly Association Fee Includes [] Association YN Yes FEMAFlood Zone YN No Listing Terms CashConventional Other Equipment [] Possession [] Property Condition [] Property Sub Type Condominium Security Features [] Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 590 Utilities [] Water Source Public Zoning Description Residential

Listing information © 2025 West Central Association of Realtors MLS
Listing provided by Jeremy Huebner of Binkley Real Estate- Wapakoneta : 419-738-3232.



© 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: 2025-07-20T08:40:57.303.
 
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Team Mangini | Superior Plus Realtors
2903 Elida Rd.
Lima OH, 45805