Home For Sale

Incredible Multi-Unit Opportunity! Live comfortably in one unit, while the other two generate consistent rental income; helping to cover a great fraction of your mortgage payment! Located in South Geneva on approximately 1.84 acres, this distinctive multi-unit property offers a peaceful, country setting overlooking a neighboring pond. The home features 3 separate living units: left, right and a lower-level unit. This property has a strong history of steady rental income with reliable tenants. A brand-new metal roof was recently installed in 2025! The property is serviced by a well and septic system, so there's no monthly water and sewer bills! The left unit is currently available for immediate occupancy, providing that perfect opportunity for an owner-occupant to live on-site while renting out the remaining 2 units The left-side unit offers 3 bedrooms and 1 bathroom, along with a deck off the kitchen, a two-car attached garage, and a full basement. Recent updates include new carpeting, fresh paint and modern lighting fixtures completed in 2025. This unit was previously rented for $1,100 per month and is move-in ready! The right-side unit features 4 bedrooms and 2 full bathrooms, including a spacious master in-law suite with a private balcony. Walk out deck from the kitchen, full basement and a two-car attached garage. The current tenancy has been in place since 2021 and pays $1,150 per month. The lower-level apartment includes 2 bedrooms and 1 bathroom and has been occupied by a long-term tenant of 10+ years, currently paying $550 per month. All tenants are eligible for lease renewals and can be completed directly with the new owner. Tenants would love to remain if possible. Whether you're seeking a dependable investment property or a home that allows you to generate income while living on-site; this residence provides flexibility and a rare opportunity in a tranquil, secluded Geneva area location!

Property Details

  • Beds: 9
  • Baths: 4.0
  • Sq Feet: 4000
  • Year Built: 1978
  • Location: (private lake, pond, creek)
  • Acres: 1.830
  • County: Ashtabula County
  • Community: Trumbull
  • Heat/AC: Oil, Baseboard, Electric (Heating)
  • Garage: Driveway, Garage
  • Siding: AluminumSiding, VinylSiding
  • Roof: Metal
  • Stories: 2
  • Property Taxes: $3,665
  • MLS #: 5167695

Location

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Contact Information:

Contact Agent
Listing Agent: Cassandra M Cox Soto Estrada, CENTURY 21 Asa Cox Homes, 440-221-9344, 440-639-0002 Listing Site, Listing Status: Active
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Ad Statistics:

Lake Home For Sale in Geneva, Ohio
Ad Number : 6943909
Viewed: 18 times
Added: Nov 21, 2025
Updated on: Nov 21, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.