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19 N Broadway Geneva, OH 44041
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Key Details
Sold Price $170,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,304 sqft
Price per Sqft $51
MLS Listing ID 4391936
Sold Date 08/12/22
HOA Y/N No
Abv Grd Liv Area 3,304
Year Built 1890
Annual Tax Amount $1,932
Lot Size 3,049 Sqft
Acres 0.07
Property Description
PRIME LOCATION in center of Downtown Geneva! This mixed use building can be your next real estate investment. This building has retail space on the first floor that can be set up as two storefronts or one storefront. These storefronts have very high traffic and very high visibility and will be great for a business or demand strong rents due to the location if you are renting them. The second floor features two apartments upstairs. The first unit is a two bedroom unit and the second unit is a one bedroom unit. These can be rented with long term tenants or used as an Airbnb/VRBO and do short term rentals. This would probably generate higher rental income if used as a short term rental for the apartments. There is also an unfinished basement for storage. This property can potentially provide a cap rate of 10% depending on how the apartments are rented.
Location
State OH
County Ashtabula
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling None, Wall Unit(s)
Fireplace No
Exterior
Parking Features None, On Street
Water Access Desc Public
Roof Type Flat,Rubber
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Geneva Area Csd - 404
Others
Tax ID 200070004300
Financing Cash
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Bought with Tiffany A Miller • Miller Realty