6215 North Ridge Road, Geneva, OH 44041

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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
Location Information
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
Interior Features
Heating: Baseboard
Exterior Features
Possession: DeliveryOfDeed
Water: Public
Lot Size in Acres: 1.393
Additional Information
Property Type: COM
Property SubType: Apartment
Property SubType 2: Commercial Sale
Year Built: 1953
Status: Active


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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