Property Description
Rare turn-key investment opportunity in the heart of highly desirable Geneva-on-the-Lake! This versatile property features two separate residences on a single parcel, offering unmatched flexibility and incredible income potential. Live in the main house while renting out the second home to offset your mortgage, generate double passive income by renting both properties out to take advantage of thriving Lake Erie tourism, or utilize the second home as an in-law suite, guest house, or private home office. Major capital improvements have already been completed, including a brand-new roof and new mechanicals for complete peace of mind and low-maintenance ownership. Situated just minutes from The Strip, local wineries, marinas, and Geneva State Park. Whether you are looking for a multi-generational setup, a primary home with passive cash flow, or a high-performing vacation rental portfolio addition, this property delivers. Schedule your private showing today!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Central Air
Days on Market: 19
Heating: Baseboard, Forced Air, Gas
Lot Size: 0.33 Acres
Roof Type: Asphalt, Fiberglass
Stories: 1.0
Taxes: $3,061 / year
Year Built: 1950
Feature Descriptions
Parcel#: 20-001-00-019-00
Parking: Other
Sewer: Septic Tank
Water: Public
Local Schools
School District: Geneva Area City
161 West Street | MLS# 5231527
This multi-family property located at 161 West Street, Geneva on the Lake, OH 44041 is currently listed for sale with an asking price of $130,000. West Street is located within the Geneva Area City school district. Search Geneva On The Lake real estate on www.kaszycarealestate.com today.