Two homes on one lot in the City of Geneva. Would be potential owner-occupants, comfortable living in the primary home; all interior newly remodeled. Great potential with the back tenant's rent contributing to affordability and long-term financial gain. Investors, these cottages are close to amenities for your tenants, and easy to manage. Major renovations have been completed to the primary cottage in summer 2025. New roof, windows, interior flooring, insulated doors, all new kitchen and bath renovated also. Electrical and mechanical upgrades to both cottages in the past two years. Close to hospital and Rt. 20, a major east/ West travel route. Plentiful parking, 6-7 spots. Shared garden area and shed - and more yard space behind. Separate septic systems - and the from house system is only a few years old. Nearby shopping, parks, restaurants, and downtown area for events - all within minutes.
4772 Lake Rd. E., Geneva-on-the-Lake, OH Two-unit property located in a seasonal resort on a double lot, at the east end of the Geneva-on-the-Lake and west of Indian Creek Resort & Campground, just steps from Lake Erie. The main residence offers a living area, kitchen with stainless steel appliances, two bedrooms, and one full bathroom. A separate upper-level loft unit provides additional living space and includes one bedroom, a full kitchen, and lake views. Exterior features include a large front deck, side porch, fire pit area, and off-street parking for multiple vehicles. Conveniently located near Lake Erie, local attractions, dining, and entertainment. Property offers flexible use potential subject to local zoning and regulations.
Price just dropped..!! ...and this is a NICE turn key purchase!! Back on the market due to Buyer's failed financing - no fault of the property. This is a 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 and the electric panel was completely replaced in December of 2025!. 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.
Geneva is located in Ohio. Geneva, Ohio has a population of 5,948. Geneva is more family-centric than the surrounding county with 30.4% of the households containing married families with children. The county average for households married with children is 24.03%.
The median household income in Geneva, Ohio is $43,345. The median household income for the surrounding county is $49,680 compared to the national median of $69,021. The median age of people living in Geneva is 42.3 years.
The average high temperature in July is 80.3 degrees, with an average low temperature in January of 20.1 degrees. The average rainfall is approximately 39.4 inches per year, with 71.6 inches of snow per year.
