1008 Fairview Avenue new

Lima,OH 45804

$ 40000

3 Beds

1.5 Baths

1230 SqFt


Key Details

Property Type Single Family Home, Vacant Land

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,230 sqft

Price per Sqft $32

MLS Listing ID 225033251

Bedrooms 3

Full Baths 1

Year Built 1920

Annual Tax Amount $413

Lot Size 5,662 Sqft

Property Sub-Type Single Family Residence

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.

Location

State OH

County Allen

Area 0.13

Rooms

Other Rooms None

Dining Room No

Interior

Heating Forced Air

Cooling Central Air

Equipment Yes

Laundry No Laundry Rooms

Schools

High Schools Lima Csd 206 All Co.

School District Lima Csd 206 All Co.

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