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Four-Cabin Airbnb Rental Property

5919 Lake Road W #7 13 15 18, Ashtabula, OH 44004

For Sale
$640,000

Furnished cabins with front porches form an established short-term rental operation within walking distance of Lake Erie.

Property SizeContact for details
Days on Market250

Property Features for 5919 Lake Road W #7 13 15 18

General Information

Standard status Active
Property subtype Commercial

Additional Details

Furnished Yes
HOA Fee $333.33
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $6,966

Building Details

Year Built 2020
Buildings 4
Units 4
Listing Agency: Berkshire Hathaway HomeServices Professional Realty
Listed By: Rick L Furmage · License OH #408337
Source: Kimberlysrealtycorp
Added: Mar 6 Changed: Nov 4 Last Checked: Nov 9 at 3:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Professional Realty

Rey
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Investment Insights

Based on property information with market context.

This short-term rental property comprises four furnished cabins in The Cabins on the Lake Association. Built in 2020, the cabins each have a front porch and are operated as established Airbnb rentals.

The cabins are within walking distance of Lake Erie. The property is in Ashtabula, Ohio.

Key Highlights

  • Four furnished cabins operated as Airbnb rentals
  • Built in 2020
  • Each cabin has a front porch

Property Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

57
Businesses Nearby

Demographics for 44004, OH

31,661
Population
15,262
Households
2.1
Avg Household Size
44
Median Age
15%
College-Educated
87%
High-School Grad
74.1 sq mi
ZIP Area
427
Density / Sq Mi
$49,507
Median Household Income
$31,471
Median Earnings
$813
Median Rent
$120,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Short term rental property - Furnished cabins with front porches form an established short-term rental operation within walking distance of Lake Erie.
Where is this short term rental property located?
The property is located at 5919 Lake Road W #7 13 15 18 Ashtabula, OH.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Four furnished cabins operated as Airbnb rentals; Built in 2020; Each cabin has a front porch
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