6037 Lake Road W, Ashtabula, OH 44004 (MLS # 4505741)
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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.
| DAYS ON MARKET | 163 | LAST UPDATED | 4/18/2024 |
|---|---|---|---|
| YEAR BUILT | 2002 | COUNTY | Ashtabula |
| STATUS | Active | PROPERTY TYPE(S) | Commercial |
| School District | Ashtabula Area CSD - 401 |
|---|
| PRICE HISTORY | |
| Prior to Feb 15, '24 | $1,999,000 |
|---|---|
| Feb 15, '24 - Apr 18, '24 | $1,899,000 |
| Apr 18, '24 - Today | $1,699,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| BASEMENT | None |
| BUYER'S BROKERAGE COMPENSATION | 2/1 |
| HEAT | Forced Air, Natural Gas |
| LOT | 0.655 acre(s) |
| LOT DIMENSIONS | 295xirr |
| PARKING | Assigned, Covered, Driveway, On Site, Outside, Paved |
| SEWER | Public Sewer |
| STORIES | 3 |
| TAXES | 10685.5 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by: Shawni L Marich | 440-812-9493, Novella Realty, LLC., [email protected] (440) 812-9493
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Data Last Updated: 5/1/24 4:26 PM PDT
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