Description
ATTENTION INVESTORS! Don't miss this opportunity to own a well-maintained 6-unit multi-family building with separate utilities for each unit! Situated on 1.39 acres, this property features a new roof on the east side, which houses 3 spacious 2-bedroom units, all equipped with hot water heating. On the west side, you'll find an additional 3 units: one 3-bedroom and two 1-bedroom apartments. The building includes coin-operated laundry facilities in the common basement on the west side, generating approximately $3,000 annually. The seller covers only water, electric for the common area, outside lighting, and dumpster service, while tenants pay all their own utilities. With total rents exceeding $4,500 per month, this property is truly a turn-key income opportunity. Conveniently located near restaurants, wineries, and just a short drive to Lake Erie, Geneva on the Lake, and Ashtabula Harbor, this is an ideal investment for those looking to capitalize on a strong rental market. Don't waitschedule a viewing today!
Details
| MLS # | 5166451 |
|---|---|
| Listing Type | For Sale |
| Style | Apartment |
| Sub-Type | Resale |
| Status | Active |
| Year | 1953 |
| Days On Site | 307 |
| Listing Provided By | Assured Real Estate | Raegan Hagerdon |
Features
| Acreage | 1.39 |
|---|
Taxes
| Tax Annual Amount | 2117 |
|---|
Area Information
| State | OH |
|---|---|
| County | Ashtabula |
| City | Geneva |
| Zip Code | 44041 |
| Community Name | Saybrook |
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Learn More About This Property
| State | OH |
|---|---|
| County | Ashtabula |
| City | Geneva |
| Zip Code | 44041 |
| Community Name | Saybrook |