Description
508 Collett St,
Lima,
OH
45805
This tenant-occupied 2-bedroom, 1-bath single-family home offers approximately 945 sq ft of living space and steady cash flow potential. Currently rented at $600 per month, the property is below market rent, presenting an opportunity for increased returns over time. The home includes a functional floor plan and off-street parking. Conveniently located near schools, parks, shopping, and major roads, it offers easy access for tenants and reliable long-term rental appeal. Whether you're acquiring your first investment or expanding an existing portfolio, this property provides consistent income with upside in the Lima rental market.
This is an Active listing.
Broker Office Phone Number: 877-539-7589
Copyright © 2025Mansfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenities
- Fireplace
- Composition Shingle Roof
- Garage
- Garage Detached
Listing By: Key Realty via Data Source: Mansfield Association of Realtors
Single Family Home
Property type
Lima City
School District
Lima City
School District
lima-city-lima-oh
Schools
Price History
date | price | variance | type |
---|
7/9/2025 | $70,750 | 102.14 % | increased |
5/22/2025 | $35,000 | 22.22 % | decreased |
4/30/2025 | $45,000 | - | Listed |
listing agent: Tyler Miller