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6037 Lake Road W

Geneva, OH 44004
  • $1,899,000
  • STATUS: Active
  • ON SITE: 84 Days
  • MLS #: 5006090
UPDATED: 14 min ago
$1,899,000
  • 21
    BEDS
  • 0.66
    ACRES
  • 7
    BATHS
  • 7
    1/2 BATHS
  • 8,512
    SQFT
  • $223
    $/SQFT
Type:
Condo
Built:
2002
County:
Area:

School Ratings & Info

School District:
Listing courtesy of Novella Realty, LLC..
Listing information © 2024 YES-MLS.

Description

Welcome to Saybrook Shores - A Townhouse Style building with 7 units near the shores of Lake Erie in beautiful Saybrook Township, Ohio! This is a dream investment, turn-key short term rental property in a great location between the resort town Geneva-on-the-Lake, and the historic Ashtabula Bridge Street, with close access to area beaches and attractions. Each townhouse is 3 levels and features a kitchen, dining, half bath, and large living room on the main level, 2 bedrooms and full bathroom on the upper level, and a finished 3rd bedroom, laundry area, and garage in the first level. Six out of Seven units have been thoughtfully remodeled to maximize the short term rental potential & are marketed on Airbnb. The 7th unit remains a long term rental with a stable tenant in place. This offering is for the ENTIRE BUILDING, and ALL FURNISHINGS and FUTURE BOOKINGS for the 6 units that are short term rentals, (furnishings in the 7th unit belong to the tenant). HUGE INCOME POTENTIAL with EASY MAINTENANCE and MANAGEMENT because they are all so close to each other. Each unit has an individual walk out patio, access to the large backyard at the property, and access to a shared fire pit and playset. The location is fantastic - the building is updated - just purchase and continue renting it! Ask for financials! These townhouse apartments are also individually deeded & a Homeowner's Association has been formed, so you could potentially sell off individual townhouses too.

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Listing information © 2024 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Connections Realty | Keller Williams Elevate are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2024-03-02T11:08:41.347.
www.connectionsrealty.org/homes/145938734
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6037 Lake Road W Geneva, OH 44004

  • Price: $1,899,000
  • Status: Active
  • On Site: 84 Days
  • Updated: 14 min ago
  • MLS #: 5006090
21
Beds
7
Baths
7
½ Baths
0.66
Acres
8,512
SQFT
$223
$/SQFT
2002
Built
Neighborhood:
Connecticut Western Reserve
County:
Ashtabula
Area:
Geneva
School District:
Ashtabula Area CSD
Property Description
Welcome to Saybrook Shores - A Townhouse Style building with 7 units near the shores of Lake Erie in beautiful Saybrook Township, Ohio! This is a dream investment, turn-key short term rental property in a great location between the resort town Geneva-on-the-Lake, and the historic Ashtabula Bridge Street, with close access to area beaches and attractions. Each townhouse is 3 levels and features a kitchen, dining, half bath, and large living room on the main level, 2 bedrooms and full bathroom on the upper level, and a finished 3rd bedroom, laundry area, and garage in the first level. Six out of Seven units have been thoughtfully remodeled to maximize the short term rental potential & are marketed on Airbnb. The 7th unit remains a long term rental with a stable tenant in place. This offering is for the ENTIRE BUILDING, and ALL FURNISHINGS and FUTURE BOOKINGS for the 6 units that are short term rentals, (furnishings in the 7th unit belong to the tenant). HUGE INCOME POTENTIAL with EASY MAINTENANCE and MANAGEMENT because they are all so close to each other. Each unit has an individual walk out patio, access to the large backyard at the property, and access to a shared fire pit and playset. The location is fantastic - the building is updated - just purchase and continue renting it! Ask for financials! These townhouse apartments are also individually deeded & a Homeowner's Association has been formed, so you could potentially sell off individual townhouses too.
Exterior Features

Architectural Style Colonial Attached Garage YN No Carport YN No Construction Materials Vinyl Siding Exterior Features Fire Pit Lighting Private Entrance Fencing Privacy Vinyl Garage YN Yes Levels Three Or More Lot Features Flat Level Views Parking Features Common Direct Access Garage Faces Front Garage Garage Door Opener On Site Off Street Paved Parking Lot Private Shared Driveway Patio And Porch Features Patio Roof Asphalt Waterfront YN No

Interior Features

Appliances Dryer Dishwasher Microwave Range Refrigerator Washer Basement YN No Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Foundation Details Slab Heating Forced Air Gas Heating YN Yes Interior Features Breakfast Bar Ceiling Fans Granite Counters High Speed Internet Laundry Features Lower Level In Unit Main Level Bathrooms 0 Main Level Bedrooms 0

Property Features

Above Grade Finished Area 8512 Association Fee 0 Association Fee Frequency Annually Association Fee Includes None Association YN Yes Community Features Playground Park Elementary School District Ashtabula Area CSD - 401 Home Warranty YN No Land Lease YN No Listing Terms Cash Conventional Item1031 Exchange Middle Or Junior School District Ashtabula Area CSD - 401 Property Attached YN Yes Property Sub Type Condominium Security Features Smoke Detectors Sewer Public Sewer Tax Annual Amount 8971 Township Saybrook Twp View Lake Water View YN Yes Water Source Public

Listing information © 2024 YES-MLS.
Listing provided courtesy of Novella Realty, LLC.: 440-624-4032.
Listing information © 2024 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than Connections Realty | Keller Williams Elevate are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2024-03-02T11:08:41.347.
 
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Connections Realty | Keller Williams Elevate
Norton OH, 44203
Listing courtesy of Novella Realty, LLC..
Listing information © 2024 YES-MLS.