559 549 E Main Street, Geneva, OH

Name: 559 549 E Main Street, For Sale in Geneva - Zoocasa
Brand: Assured Real Estate
SKU: 5114853
Price: 224000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$224,000

420

MLS® 5114853

Overview

Key Facts

Type Triplex

Levels Residential Income

Size 2760 sqft

Garage No

Taxes $2,701

Days Active 365

Lot Size 0.634 acres

Approx. Age 1900

Avg. Price Per Sqft $81

MLS® Number 5114853

Property Address: 559 549 E Main Street, Geneva, OH, 44041

Average square foot calculated using Size range provided by listing agent.

Description

Price just dropped..!! ...And this is a NICE turn key purchase!! Back on the market due to Buyer's failed financing - no fault of the property. This is a solid income producer w/a 2760 SF up/down duplex & a 1216 SF commercial bldg on over a 1/2 AC lot. More than adequate parking space available for all 3 tenants (out front and also in back). Duplex is 100% occupied, with both the up and down units on a M-M agreement. Tenants pay their own utilities. All on separate water & electric meters. Commercial building is occupied on a lease that expires May 2026 and seller holds a 725.00 SD. Tenant is paying all utilities. 650 Security Deposit on the down unit; 560 in place on the up unit.Owner only pays insurance (approximately 1250 and 1000 annually).Duplex has no AC- commercial building does.Duplex has wood siding & new (2024) shingles; commerical bldg is block/vinyl/wood & has AF shingles. Up unit has no laundry hookup; down unit laundry is in the basement. Down unit tenant owns appliances; up unit appliances are owned by the seller. Boiler was just replaced in June in the upstairs duplex unit and the electric panel was completely replaced in December of 2025!. This property has been very well maintained & offers the unique advantage of both a multi family building and a commercial option.The 1972 commercial building is on a slab, has a 1/2 bath, mechanicals room w/ slop sink, AC, gas FA heat & 200 amp electric. Lobby area is 18x17, middle room 14x14, big rear room is 21x16, small rear room is 11x9 & the entire building has new laminate flooring & plenty of overhead lighting. Great set up for any number of businesses & just minutes from down town. 48 hour notice preferred for showings.

MLS® Number5114853

Laundry LevelIn Unit, None

Central VacNo

FireplaceNo

Acreage0.634

Exterior

GarageNo

Approx. Age1900

BasementFull, Unfinished

DrivewayNo Garage, Unpaved

Garage Spaces0

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 16, 2025List Date

$224,000List Price

Map

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