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!
Sold for $125,000
$125,000
16529 Mayfield Rd, Huntsburg, OH 44046
5beds
--sqft
Duplex, Multi Family, Single Family Residence
Built in 1900
-- sqft lot
$213,900 Zestimate®
$--/sqft
$1,487 Estimated rent
Home value
$213,900
$173,000 - $255,000
$1,487/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 01, 2024 at 07:36am
Listed by:
Amy Hissa amyhissa@howardhanna.com440-812-5892,
Howard Hanna
Bought with:
Amy Hissa, 2022003203
Howard Hanna
Source: MLS Now,MLS#: 5075239Originating MLS: Lake Geauga Area Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Bedroom
- Description: Upstairs Rental Unit,Flooring: Carpet
- Level: Second
Bedroom
- Description: Upstairs Rental Unit,Flooring: Carpet
- Level: Second
Bedroom
- Description: Downstairs Rental Unit,Flooring: Luxury Vinyl Tile
- Level: Second
Bedroom
- Description: Downstairs Rental Unit,Flooring: Luxury Vinyl Tile
- Level: Second
Bedroom
- Description: Downstairs Rental Unit,Flooring: Luxury Vinyl Tile
- Level: Second
Bathroom
- Description: Upstairs Rental Unit,Flooring: Laminate
- Level: Second
Bathroom
- Description: Downstairs Rental Unit
- Level: Second
Dining room
- Description: Flooring: Luxury Vinyl Tile
- Features: Built-in Features, Chandelier, Natural Woodwork
- Level: First
Eat in kitchen
- Description: Upstairs Rental Unit,Flooring: Luxury Vinyl Tile
- Level: Second
Kitchen
- Description: Downstairs Rental Unit,Flooring: Laminate
- Features: Laminate Counters
- Level: First
Laundry
- Description: Downstairs Rental Unit
- Level: First
Living room
- Description: Upstairs Rental Unit,Flooring: Carpet
- Level: Second
Living room
- Description: Downstairs Rental Unit,Flooring: Luxury Vinyl Tile
- Level: First
Heating
- Forced Air, Gas
Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
Appliances
- Included: Dryer, Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Basement: Full,Unfinished
- Has fireplace: No
Property
Parking
- Parking features: Detached, Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Porch
- Exterior features: Awning(s)
Lot
- Size: 0.25 Acres
- Features: Corner Lot
Details
- Parcel number: 16031400
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multiplex,Traditional,Duplex
- Property subtype: Duplex, Multi Family, Single Family Residence
Materials
- Aluminum Siding
- Foundation: Stone
- Roof: Metal
Condition
- Fixer
- Year built: 1900
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Huntsburg
Other
Other facts
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 10/25/2024 | Sold | $125,000-16.7% |
Source: MLS Now #5075239 Report a problem | ||
| 10/13/2024 | Pending sale | $150,000 |
Source: MLS Now #5075239 Report a problem | ||
| 10/8/2024 | Listed for sale | $150,000 |
Source: MLS Now #5075239 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,135 -1.9% | $54,150 |
| 2023 | $2,175 +98% | $54,150 +142.8% |
| 2022 | $1,099 +6.8% | $22,300 |
Find assessor info on the county website
Neighborhood: 44046
Nearby schools
GreatSchools rating
- NACardinal Middle SchoolGrades: 5-8Distance: 4.6 mi
- 5/10Cardinal High SchoolGrades: 9-12Distance: 4.8 mi
- 6/10A J Jordak Elementary SchoolGrades: K-4Distance: 5.1 mi
Schools provided by the listing agent
- District: Cardinal LSD - 2802
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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