6215 North Ridge Road, Geneva, OH 44041
$349,900
Sq. Ft.: N/A
Type: Commercial
Listing #5079647
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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. While these units lack central AC, tenants have their own window units for comfort. 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 $4,000 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 wait?schedule a viewing today!
Property Features
County: Ashtabula
Latitude: 41.82384202
Longitude: -80.88067245
Subdivision: Saybrook
Directions: across from brown rd on rt 20 west of depot rd on north side
Heating: Baseboard
Possession: DeliveryOfDeed
Water: Public
Lot Size in Acres: 1.393
Property Type: COM
Property SubType: Apartment
Property SubType 2: Commercial Sale
Year Built: 1953
Status: Active
$ per month
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Listing courtesy of Assured Real Estate 440-576-7355
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MLS Now (Yes MLS) data last updated at November 23, 2024 4:38 AM ET
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