559 549 E Main Street, Geneva, OH 44041
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: carole stormer-vaux sfr
Office: assured real estate
MLS#:5114853
Source:OH_NORMLS
Price summary
- Price:$224,000
- Price per sq. ft.:$81.16
About this home
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....
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Home facts
- Year built:1900
- Listing ID #:5114853
- Added:346 day(s) ago
- Updated:March 28, 2026 at 02:14 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Basement:Yes
- Basement Description:Full, Unfinished
- Living area:2,760 sq. ft.
Heating and cooling
- Heating:Gas, Hot Water, Steam
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1900
- Building area:2,760 sq. ft.
- Lot area:0.63 Acres
- Construction Materials:Wood Siding
- Levels:2 Stories, 2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$224,000
- Price per sq. ft.:$81.16
- Tax amount:$2,701 (2024)
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