549 E Main St Geneva, OH 44041
Geneva NeighborhoodEstimated payment $1,397/month
Highlights
- 0.63 Acre Lot
- South Facing Home
- Wood Siding
- Hot Water Heating System
About This Home
Price just dropped..!! ...and this is a NICE turn key purchase!! 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 M-M basis 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. 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.
Listing Agent
Assured Real Estate Brokerage Email: 440-576-7355, info@assuredrealestateoh.com License #368102 Listed on: 04/16/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,701
Year Built
- Built in 1900
Lot Details
- 0.63 Acre Lot
- South Facing Home
Home Design
- Fiberglass Roof
- Asphalt Roof
- Wood Siding
Interior Spaces
- 2,760 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry in unit
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- No Garage
- Unpaved Parking
Utilities
- No Cooling
- Heating System Uses Gas
- Hot Water Heating System
Community Details
- No Laundry Facilities
Listing and Financial Details
- Assessor Parcel Number 200190002600
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2025 10/15/25 | Pending | -- | -- | -- |
| 06/05/2025 06/05/25 | Price Changed | $224,000 | -0.4% | $81 / Sq Ft |
| 04/16/2025 04/16/25 | For Sale | $225,000 | -- | $82 / Sq Ft |
Source: MLS Now
MLS Number: 5114853
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