For Sale
$1,549,900

6037 Lake RdAshtabula, OH 44004

Seven-unit turnkey apartment complex, high yield.

Overview

Added:
Feb 3
Days on market:
61
This exceptional investment opportunity presents a seven-unit apartment complex ideally situated on the shores of Lake Erie at 6037 Lake Road W, Ashtabula, OH. The property boasts a total of 8,512 square feet on a 0.66-acre lot, offering stunning lake views. Six of the seven units are fully furnished and ready for immediate occupancy, presenting a turnkey operation for investors. Each townhouse-style unit features three floors of spacious living, three bedrooms, one and a half bathrooms, and a private one-car garage. Modernized interiors include granite countertops, custom backsplashes, and updated flooring. All units are equipped with a full suite of appliances: refrigerators, stoves, dishwashers, microwaves, and washers and dryers. Ample parking is available for up to 20 vehicles, catering to both residents and guests. Private patios provide breathtaking Lake Erie views. The property's prime location is conveniently situated between Ashtabula's historic Bridge Street and Geneva-on-the-Lake, offering easy access to local amenities and attractions. Furthermore, it enjoys proximity to major cities, being approximately 50 minutes from Cleveland, Youngstown, and Erie, PA. Detailed financial information is available upon request. This is a rare opportunity to acquire a high-yield, low-maintenance income-generating property with immediate rental potential. Don't miss this chance to own a piece of Lake Erie paradise.

Property Details for 6037 Lake Rd

Property type
Apartment buildings
Square Feet
8,512 SF
Year Built
2002
Lot Size (sq. ft)
28,750 SF

Location Insight

City
Ashtabula
County
Ashtabula
State
Ohio
Latitude
41.87548
Longitude
-80.87818
6037 Lake Rd, Ashtabula, Ohio

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6037 Lake Rd
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