$399,900
About this home
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!
Property details
- MLS
- NOWDD
- MLS #
- 5166451
- Property type
- Apartment
- Subdivision
- Saybrook
- Status
- Active
- Days on market
- 268
- On market date
- October 20, 2025
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 1.3926 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 433
- Student:teacher ratio
- 21.7:1
- District
- Geneva Area City
- Enrollment
- 441
- Student:teacher ratio
- 17.6:1
- District
- Ashtabula Area City
- Enrollment
- 669
- Student:teacher ratio
- 22.3:1
- District
- Geneva Area City
Walkability
Blended score for Geneva's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Geneva, from live MLS data.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated July 15, 2026.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.