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$ 40,000
Est. payment | /mo
3 Beds
2 Baths
1,230 SqFt
$ 40,000
Est. payment | /mo
3 Beds
2 Baths
1,230 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,230 sqft
Price per Sqft $32
MLS Listing ID 942642
Bedrooms 3
Full Baths 1
Half Baths 1
Year Built 1920
Annual Tax Amount $412
Lot Size 5,532 Sqft
Lot Dimensions 41x135
Property Sub-Type Single Family
Property Description
This 3-bedroom, 1.5-bath home offers 1,230 sq ft of living space and is priced at just $40,000, presenting an excellent opportunity for both homeowners and investors.
For the owner-occupant, this property provides an affordable path to homeownership with plenty of room to add your own style and updates. With some renovations, it can be transformed into a comfortable and personalized home with a fenced yard, off-street parking, and ample living space — all at a fraction of the cost of renting or buying a move-in ready home.
For the investor, this property represents a strong value-add opportunity. With cosmetic upgrades and improvements, it can be quickly brought to rental standards, offering solid cash flow potential in Lima's rental market. At this price point, there's room to build equity while creating long-term income.
Whether you're looking for a budget-friendly primary residence or your next investment project, 1008 Fairview Ave is a versatile option with tremendous upside.
For the owner-occupant, this property provides an affordable path to homeownership with plenty of room to add your own style and updates. With some renovations, it can be transformed into a comfortable and personalized home with a fenced yard, off-street parking, and ample living space — all at a fraction of the cost of renting or buying a move-in ready home.
For the investor, this property represents a strong value-add opportunity. With cosmetic upgrades and improvements, it can be quickly brought to rental standards, offering solid cash flow potential in Lima's rental market. At this price point, there's room to build equity while creating long-term income.
Whether you're looking for a budget-friendly primary residence or your next investment project, 1008 Fairview Ave is a versatile option with tremendous upside.
Location
State OH
County Allen
Zoning Residential
Rooms
Basement Partial
Second Level, 11*11 Bedroom
Main Level, 15*13 Living Room
Main Level, 10*10 Bedroom
Main Level, 10*10 Bedroom
Main Level, 10*8 Kitchen
Main Level, 14*12 Dining Room
Interior
Heating Forced Air
Cooling Central
Exterior
Parking Features None
Building
Level or Stories 1.5 Story
Structure Type Frame
Schools
School District Lima
Listed by REAFCO