Remarks

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!

Details

MLS#: 5079647
Price: $349,900

Style: Apartment
Sq Ft: 0
Year Built: 1953

County: Ashtabula
Subdivision: Saybrook
Tax Fee: 2117

School District: Ashtabula Area CSD - 401