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559 549 E Main Street

Geneva, OH 44041
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Bed 4

Bed

Bath 2

Bath

SqFt2,760

Sqft

Acres0.63

Acre(Lot)

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 2027 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. Back on the market due to Buyer fail...not the property!

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Detail Ic Property Details

Property Type : Residential Income

Price : $224,000

AD Id : 64087282

MLS Id : 5114853

Beds : 4

Lot Size : 0.63 Acre

Living Area Size : 2,760

Year Built : 1900

County : Ashtabula

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Has Basement: Yes Basement: Full, Unfinished
  • Roofing Information

    Asphalt, Fiberglass
  • Interior Features

    Roof: Asphalt, Fiberglass Laundry Features: In Unit, None
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Hot Water, Steam Cooling: None

  • Building Information

    Year Built: 1900 Construction Materials: Wood Siding Stories: 2 Private Pool: No

  • Lot Information

    Main Square Feet: 0.634 Acres Lot Size Acres: 0.634 Lot Size Source: Assessor

  • Listing Price Information

    Listing Price: $224000 Original Price: $225000

  • Tax Information

    Parcel Number: 200190002600 Tax Year: 2024 Annual Tax: $2701

  • Parking Information

    No Garage, Unpaved

  • Location Information

    Direction: Rt. 90 to Rt. 534 North. Turn East on to Route 20 / Main St. - approximately 1/2 mile, on the North side. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4772 Lake Road, Geneva, OH, 44041 $349,500 3 2 1,600 1,600 SqFt
254 S Eagle Street, Geneva, OH, 44041 $164,900 3 2 --
161 West Street, Geneva, OH, 44041 $155,000 5 2 688 688 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 06/04/2026 @ 11:44

MLS: 5114853 LISTED BY: Carole Stormer-Vaux, Assured Real Estate 440-576-7355 SOURCE: MLS Now

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