Check out the Villa Rentals! This former motel complex located on 1.3 acres features approximately 7322 square feet within the 10 buildings. There are 15 units consisting of 6 a-frame units, 3 homes and 6 apartments plus a metal garage and two storage sheds. GMI $11,550 and Zoned B-3. A-frame units - owner pays all utilities: 4 have 1 bedroom, loft & a bathroom (rent $750-850/mo each); 2 have loft & bath with heart-shape tubs. Apartments - owner pays all utilities: two 1 bedroom, 1 bath units (rent $650-700/mo each); two studio units (rent $650/mo each); one efficiency unit (rent $500/mo each). Unit#9 House - owner pays sewer/trash: three bedrooms and one bath (rent $800/mo and tenant pays gas/electric). Unit#16 Home - owner pays trash: one bedroom and one bath (rent is $800/mo). Main Unit home - owner pays water/sewer/trash/electric/gas: three bedrooms and one bath (rent is $1150/mo). There is coin-laundry and the machines are owned. The owner is the property manager. The land is located along US 33 across from the Lakeview harbor and near downtown! [The property will not be having private showings and will be shown only during the scheduled public open house on Monday 02/15/21 from 4:00pm-5:00pm.]
MLS# | 1008471 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Year | 1930 |
Days On Site | 21 |
SQ Feet | 7,322 |
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Units | 15 |
Water Front | No |
Area Information | |
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State | OH |
County | Logan |
City | Lakeview |
Zip Code | 43331 |
Area | 902 Indian Lake |
Listing VS Median (in 43331) | |
Price: $350,000 low | high Med: $179,900 SqFt: 7,322 low | high Med: 728 $ / SqFt: $48 low | high Med: $247 On Site: 21 low | high Med: 405 Sourced by Back At You |