$349,900
6215 North Ridge RD Geneva, OH 44041
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$349,900
Est. payment /mo
1.39 Acres Lot
UPDATED:
10/23/2024 05:08 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Saybrook
MLS Listing ID 5079647
HOA Y/N No
Year Built 1953
Annual Tax Amount $2,117
Tax Year 2023
Lot Size 1.393 Acres
Acres 1.3926
Property 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. 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!
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!
Location
State OH
County Ashtabula
Interior
Heating Baseboard
Fireplace No
Exterior
Water Access Desc Public
Building
Water Public
Schools
School District Ashtabula Area Csd - 401
Others
Tax ID 480190001700
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Listed by Raegan Hagerdon • Assured Real Estate • 440-576-7355 info@assuredrealestateoh.com