This multi family has a rich history in Medway, formerly a hotel and destination place during the heyday of Crystal lakes. A train transported visitors to/from the hotel and Crystal Lake. Located in the heart of Medway it's been transformed into an easy to rent 6 unit building (3 two bedroom units and 3 one bedroom units). The building has been well maintained with many recent updates. Currently fully rented with a waiting list of new tenants. Long term tenants. Two Bedroom and one bedroom efficiency units New roof 2019, New exterior paint 2015 owner updates units as tenants turn over. New owner has made many improvements to the units, the electrical system, and the plumbing system. This property has ample parking and is conveniently located, it would make a great addition to any investors portfolio.
Medway is located in Ohio. Medway, Ohio has a population of 492. Medway is more family-centric than the surrounding county with 37.96% of the households containing married families with children. The county average for households married with children is 25.37%.
The median household income in Medway, Ohio is $68,571. The median household income for the surrounding county is $54,869 compared to the national median of $69,021. The median age of people living in Medway is 37.4 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 40 inches per year, with 19.6 inches of snow per year.