6037 Lake Rd Ashtabula, OH 44004
- Apartment buildings
- 8,512 SF
- 0.66 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 6037 Lake Rd
- Year built
- 2002
- Lot size
- 0.66 lot acres
- Property size
- 8,512 SF
- Property type
- Apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ashtabula
- County
- Ashtabula
- State
- Ohio
- Longitude
- -80.8782
- Latitude
- 41.8755
