6215 NRE, Geneva, OH 44041

$399,900

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List Price
$399,900
Status
ACTIVE
MLS#
5166451
Year Built
1953
Region
Saybrook Twp
Township
Saybrook Twp
Subdivision / Building
Saybrook

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. 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 wait—schedule a viewing today!

Additional Information

Taxes
$2,117
Acres
1.39
Water
Public
Heating
Baseboard
School District
Ashtabula Area CSD - 401

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Listing Courtesy of: Raegan Hagerdon, jeffersonrealtor@yahoo.com With Assured Real Estate

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