$224,000

559 549 E Main Street, Geneva, OH 44041

  • 4 beds |
  • 2 baths |
  • 2,760 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.63acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $81/sqft
  • Property List Date Icon Listed 6 months ago

Property Description

Price just dropped..!! ...and this is a NICE turn key purchase!! Solid income producer w/a 2760 SF up/down duplex & a 1216 SF commercial bldg on over a 1/2 ac lot. More than adequate parking space available for all 3 tenants (out front and also in back). Duplex is 100% occupied, with both the up and down units on a M-M agreement. Tenants pay their own utilities. All on separate water & electric meters. Commercial building is occupied on a M-M basis and seller holds a 725.00 SD. Tenant is paying all utilities. 650 Security Deposit on the down unit; 560 in place on the up unit.Owner only pays insurance (approximately 1250 and 1000 annually).Duplex has no AC- commercial building does.Duplex has wood siding & new (2024) shingles; commerical bldg is block/vinyl/wood & has AF shingles. Up unit has no laundry hookup; down unit laundry is in the basement. Down unit tenant owns appliances; up unit appliances are owned by the seller. Boiler was just replaced in June in the upstairs duplex unit. This property has been very well maintained & offers the unique advantage of both a multi family building and a commercial option.The 1972 commercial building is on a slab, has a 1/2 bath, mechanicals room w/ slop sink, AC, gas FA heat & 200 amp electric. Lobby area is 18x17, middle room 14x14, big rear room is 21x16, small rear room is 11x9 & the entire building has new laminate flooring & plenty of overhead lighting. Great set up for any number of businesses & just minutes from down town. 48 hour notice preferred for showings.

Listing Status:
Pending
Listing Office:
Assured Real Estate : 440-576-7355
Listing Agent:
Carole Stormer-Vaux SFR : 440-813-2788
MLS ID:
5114853
  • Laundry: In UnitNone
  • Basement: FullUnfinished
  • A/C: None
  • Heating: GasHot WaterSteam
  • Disability Feature: None
  • Parking: No GarageUnpaved
  • Roofing: AsphaltFiberglass
  • General: Wood Siding2
  • Originating MLS: NOWDD_NORM
  • School District: Geneva Area CSD - 404
  • County: Ashtabula
  • Zoning: 200190002600
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Carole Stormer-Vaux SFR, Assured Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Geneva Platt R. Spencer Elementary School

755 Austin Rd, Geneva, OH, 44041

Grades KG-5

0.56 miles away

G

Geneva Middle School

839 Sherman St, Geneva, OH, 44041

Grades 6-8

0.99 miles away

G

Geneva High School

1301 S Ridge Rd E, Geneva, OH, 44041

Grades 9-12

0.78 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.