Lake Commercial For Sale
Welcome to Edgewater Estates Condominium Development with 6 acres of water frontage included in the sale! Current rendering shows preliminary of current vision. Parcel has 8 total units existing within the development. 3 of which are included with the sale. Room for further development and loads of potential await your vision. Included in the sale is a detached 3/1 split level w 1 car garage - detached 3/2.5 colonial w a full basement and 1 of 3 units within the tri-plex offering a 2 bed/1.5 bath. All 3 existing units have tenants (long term MTM & 1 yr lease). 1 yr minimum lease agreements required per By-Laws. Tenant occupied units available to view upon an accepted offer. Bylaws are available and $150/Month HOA fee includes trash, snow removal, landscaping, reserve, property management and exterior maintenance of units (siding and roof). Tri-Plex was just upgraded with new covered porches, siding, roof, gutters, downspouts and shutters end of 2023. $2,500/month on existing rents being generated as a bonus. Unit B exterior is slated for Feb 2024. This lake front community is a great opportunity with further potential and also sits within the township so no RITA tax!Property Details
- Beds: 0
- Baths: 0.0
- Sq Feet: 5311
- Year Built: 1968
- Location: Lake Roaming Rock
- Acres: 5.932
- Lakefront: Yes
- Lakeview: Yes
- County: Ashtabula County
- Community: Roaming Shores
- Heat/AC: Forced Air
- Roof: Asphalt
- Property Taxes: $0
- MLS #: 4458296
Location
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Ad Statistics:
| Ad Number : | 3803503 |
| Viewed: | 310 times |
| Added: | Jun 13, 2023 |
| Updated on: | Apr 07, 2024 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |
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Listing Agent: Shelly Chavez, HomeSmart Real Estate Momentum, 440-429-5350, 440-578-8058 Listing Site, Listing Status: Active
Copyright © 2024 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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