5192 University Drive DR Active Save Request In-Person Tour Request Virtual Tour
Geneva,OH 44041
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5104980
Style Ranch
Bedrooms 2
Full Baths 1
Year Built 1945
Annual Tax Amount $1,769
Tax Year 2024
Lot Size 0.400 Acres
Property Sub-Type Single Family Residence
Property Description
Prime Investor Opportunity in Geneva-on-the-Lake! Just steps from the vibrant Strip, this property offers incredible short-term rental potential. The main home comfortably sleeps 8, but the real value lies in the oversized detached garage with a ready-to-finish second level. With approximately $30,000 in renovations, this space could be transformed into an additional living unit complete with a kitchen, living room, walkout balcony, and sleeping accommodations for 8 more guests—bringing the total capacity to 16! Few properties in the heart of GOTL offer this kind of versatility, location, and income potential. Whether you're looking to maximize rental income or create a one-of-a-kind vacation retreat! A two for one opportunity to create two separate Airbnb/rentals! Inside the home, everything is newly updated and every item in every room stays! All furniture, appliances, décor, decorations, towels, silverware stay. The bathroom includes a newly installed tile surround, bathtub, vanity, toilet, and tile floor as well as all new electrical and plumbing. Both bedrooms have newer furniture. The two living room spaces are perfect for families or groups. Everything in the kitchen was newly installed in the past 5 years. New kitchen cabinets, New stainless-steel appliances, electrical and GFI's, Plumbing, Countertops, and sink. A rarity, home includes an unfinished basement! less than 5% of homes in this area have this feature. The basement currently houses a 1-year-old furnace and a new hot water tank as well as a basement sink, with wash & dryer hook-ups. The Geneva on the lake Township Park is less than a quarter mile from our home and includes amazing views, picnic areas, a playground and restroom facilities. additionally, the Geneva on the lake golf course is located a few 100 yds behind the property so grab your clubs and walk to the golf course. Come see before it's gone!
Location
State OH
County Ashtabula
Interior
Heating Forced Air,Gas
Cooling Central Air
Exterior
Parking Features Driveway,Detached,Garage
Garage Spaces 2.0
Garage Description 2.0
Roof Type Shingle
Building
Foundation Block
Sewer Public Sewer
Water Public
Schools
School District Geneva Area Csd - 404
Others
Special Listing Condition Standard