5147 Lake Rd E Geneva, OH 44041

Have you ever dreamed of owning a piece of the iconic, highly desirable Geneva on the Lake Strip? Here is your chance, offered for under 100k, this cottage is hard to resist! With two units and a total of four bedrooms and two full baths, it is a perfect opportunity to create your own getaway, lease it out or perhaps a combination of the two. This property has many options and possibilities. 1. Occupy one unit and long term lease the second unit (the current lessee would like to stay) 2. Long term lease both units. 3. Occupy one unit and short-term vacation rent the second unit 4. Short-term vacation rent both units. Per the MLS and VRBO, similar long term rental properties earn approximately $550-$750 a month per unit and vacation rentals earn approximately $300 nightly per unit. Unit 1 has been renovated and unit 2 is ready for updates, the price is reflective. In Geneva on the Lake, you can find anything you're looking for. Choose between home cooking and sophisticated dining, as well as outdoor hot dog and pizza shops. Visit one of the many restaurants with inside seating, outdoor patios and bars with views of the lake! Spend a day visiting the many wineries or shopping at all of the unique shops on the strip. With arcades, zipline, go karts, bumper boats, putt putt golf, climbing and repelling walls, batting cages, beaches and tons of food choices, GOTL is great for family friendly fun!