6037 Lake Road W Ashtabula, OH $ 1,699,000
6037 Lake Road W
$ 1,699,000
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6037 Lake Road W

Ashtabula, OH, 44004
$ 1,699,000
Baths0.0 Sq 8,512

Monthly Estimate*

$ 11,868

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Studio

Commercial Property for sale in Ashtabula, OH

for $1,699,000. This 8,512 square foot building was built in 2002 on a lot size of 0.655.

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.

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Commercial Active

Price

$ 1,699,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 10,685

Style

Lot Size

0.655

Year Built

2002

Town/City

Ashtabula

County/Region

Ashtabula

MLS | Web ID

4505741

Features
General
Sewer PublicSewer
Heating ForcedAir Gas
Cooling CentralAir
Possession Negotiable
Roof Asphalt Fiberglass
Year Built 2002
Tenant Pays AllUtilities
Property SubType Apartment
Tax Year 2023
Additional Parcels Description 480172000500 480172000200 480172000300 480172000400
HOA Fee 2 0.0
County Ashtabula
Net Operating Income 0.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Building Features Signs
Status Active
Directions Lake Rd. (Rt.531) west of Rt. 45 on the north side of Rd just west of Mariner's Point condos.
City Ashtabula
View Y/N N
Senior Community Y/N N
High School District Ashtabula Area CSD - 401
Total Units 7
Waterfront Y/N N
Carport Y/N N
Street Name Lake
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 10685.5
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 161
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Ashtabula Area CSD - 401
Elementary School District Ashtabula Area CSD - 401
Property Sub Type Additional Apartment
Legal Description also includes Parcel IDs 48017200060 48017200070
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Interior
Basement None
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 8512.0
Street Suffix Road
Electric On Property Y/N N
Main Level Bathrooms 0
Above Grade Finished Area Source Assessor
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Exterior
Fencing Privacy Wood
Parking Features Assigned Covered Driveway OnSite Outside Paved
Water Source Public
Total Parking 20.0
Lot Size Area 0.655
Foundation Details Slab
Number of Buildings 1
Spa N
Building Area Total 8512.0
Lot Dimensions 295xirr
Lot Size Acres 0.655
Lot Size Units Acres
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 6037
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* Excluded Features
List By
Shawni L Marich

Listing Agent

Novella Realty, Llc.

Broker

shawni@novellarealty.com

Email

Affordability Calculator

$12,758
Per Month
93%
7%
0%
Monthly Principal & Interest
$11,868
Monthly Property Taxes
$890
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4457406 Elementary School
4457598 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/19/2024$1,699,000 -10.53% Price Down
1/24/2024$1,899,000 -5.00% Price Down
11/28/2023$1,999,000 Listed Price

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6037 Lake Road W, Ashtabula, OH, 44004 is a Commercial Property for sale at $1,699,000 with 8,512 sqft and a lot size of 0.655. 6037 Lake Road W is a studio with 0.0 baths and was built in 2002. The property's zip code is 44004 which is in Ashtabula, OH