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16529 Mayfield RD Huntsburg, OH 44046
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Key Details
Sold Price $125,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5075239
Sold Date 10/25/24
Style Multiplex,Traditional,Duplex
Bedrooms 5
Full Baths 2
Half Baths 1
Construction Status Fixer
HOA Y/N No
Year Built 1900
Annual Tax Amount $2,175
Tax Year 2023
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Multi-Family Century Home Investment Opportunity!
Discover a unique investment gem in this charming century home, perfectly situated for those seeking a project with tremendous potential. This property currently features two income-producing residential rental units: an up/down spacious 3-bedroom, 1-bath unit and a cozy upstairs 2-bedroom, 1-bath unit, both equipped with in-unit laundry and all appliances for tenant convenience, this property is primed for rental income, previously generating $1500/mo in rental income total for both units.
Additionally, the versatile retail space offers potential for conversion into extra rental units or a creative workspace, it was previously the town's hardware store. Each unit has separate furnaces, gas, and electric meters, ensuring efficiency and ease of management.
Enjoy the outdoors on the concrete patio in the back, perfect for gatherings or quiet evenings. A 2-car detached garage adds further value, providing ample storage or parking options.
Recent updates include newer vinyl windows, LVT floors, a metal roof, updated furnaces, and well pump, giving you a solid foundation to build upon.
This property is being sold AS IS, offering you the chance to make it your own while capitalizing on its income potential. Don’t miss out on this rare opportunity to invest in a piece of history in beautiful Geauga county and create lasting value!
Schedule a showing today!
Location
State OH
County Geauga
Direction North
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling Ceiling Fan(s), Wall/Window Unit(s)
Fireplace No
Appliance Dryer, Range, Refrigerator, Washer
Laundry In Unit
Exterior
Exterior Feature Awning(s)
Garage Detached, Garage
Garage Spaces 2.0
Garage Description 2.0
Waterfront No
Water Access Desc Well
Roof Type Metal
Porch Patio, Porch
Garage true
Private Pool No
Building
Lot Description Corner Lot
Faces North
Story 2
Entry Level Two
Foundation Stone
Sewer Septic Tank
Water Well
Architectural Style Multiplex, Traditional, Duplex
Level or Stories Two
Construction Status Fixer
Schools
School District Cardinal Lsd - 2802
Others
Tax ID 16-031400
Financing Cash
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Bought with Amy Hissa • Howard Hanna