
Description
Welcome to Saybrook Shores - A Townhouse Style building with 7 total units near the shores of Lake Erie in beautiful Saybrook Township, Ohio! This is a dream investment, especially for someone looking to get into short term vacation property rentals! These townhouse apartments are individually deeded & a Homeowner's Association is currently being formed, so you could potentially use or sell off each one as individual townhouses. Each townhouse is 3 levels with its own garage. There's a utility room area on the ground level, a kitchen, dining, half bath, and large living room on the main level of each, and 2 bedrooms and full bathroom on the upper level. Unit 7 is currently vacant and is displayed in the photos, it is available for immediate viewing. The remaining units are all leased out to long term tenants and producing income. Purchase the ENTIRE BUILDING, add furniture to unit 7, rent it as a short term AirB&B to start bringing in extra income this summer*, continue collecting rents on the 6 other units, until you slowly turn them all into short-term rentals and realize a HUGE INCOME POTENTIAL with EASY MAINTENANCE and MANAGEMENT because they are all so close! *(recommend checking with local zoning to familiarize yourself with all rules/regs in that regard).
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0BEDS
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0.66ACRES
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0BATHS
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01/2 BATHS
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8,512SQFT
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$129$/SQFT
School Ratings & Info
Listing information © 2022 YES-MLS.
Description
Welcome to Saybrook Shores - A Townhouse Style building with 7 total units near the shores of Lake Erie in beautiful Saybrook Township, Ohio! This is a dream investment, especially for someone looking to get into short term vacation property rentals! These townhouse apartments are individually deeded & a Homeowner's Association is currently being formed, so you could potentially use or sell off each one as individual townhouses. Each townhouse is 3 levels with its own garage. There's a utility room area on the ground level, a kitchen, dining, half bath, and large living room on the main level of each, and 2 bedrooms and full bathroom on the upper level. Unit 7 is currently vacant and is displayed in the photos, it is available for immediate viewing. The remaining units are all leased out to long term tenants and producing income. Purchase the ENTIRE BUILDING, add furniture to unit 7, rent it as a short term AirB&B to start bringing in extra income this summer*, continue collecting rents on the 6 other units, until you slowly turn them all into short-term rentals and realize a HUGE INCOME POTENTIAL with EASY MAINTENANCE and MANAGEMENT because they are all so close! *(recommend checking with local zoning to familiarize yourself with all rules/regs in that regard).
