5.9 Acres of Improved Commercial Land for Sale in Rome, Ohio
1873 US Highway 6, Rome, OH 44085
Welcome to Edgewater Estates Condominium Development with 6 acres of water frontage included in the sale! Current rendering shows preliminary of current vision. Parcel has 8 total units existing within the development. 3 of which are included with the sale. Room for further development and loads of potential await your vision. Included in the sale is a detached 3/1 split level w 1 car garage - detached 3/2.5 colonial w a full basement and 1 of 3 units within the tri-plex offering a 2 bed/1.5 bath. All 3 existing units have tenants (long term MTM & 1 yr lease). 1 yr minimum lease agreements required per By-Laws. Tenant occupied units available to view upon an accepted offer. Bylaws are available and $150/Month HOA fee includes trash, snow removal, landscaping, reserve, property management and exterior maintenance of units (siding and roof). Tri-Plex was just upgraded with new covered porches, siding, roof, gutters, downspouts and shutters end of 2023. $2,500/month on existing rents being generated as a bonus. Unit B exterior is slated for Feb 2024. This lake front community is a great opportunity with further potential and also sits within the township so no RITA tax!
Directions
Route 6 east of Route 45 at the intersection of Rt. 6 and Lake Vue.
Property details
- County
- Ashtabula County
- Community
- Roaming Shores
- Elevation
- 873 feet
- MLS Number
- NEOHREX 4458296
- Date Listed
Legal description
PART OF ORIG LOT 45
Parcels
- 670230000500
Detailed attributes
Listing
- Type
- Commercial
- Franchise
- HomeSmart International
Structure
- Roof
- Asphalt
- Cooling
- Central A/C
- Heating
- Electric, Forced Air, Natural Gas
Property utilities
Category | Type | Status | Description |
---|---|---|---|
Gas | Natural Gas | Connected | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Apr 7, 2024 | Price decrease | $977,777 | $50,000 -4.9% | NEOHREX |
Mar 15, 2024 | Price decrease | $1,027,777 | $50,000 -4.6% | NEOHREX |
Feb 8, 2024 | Price decrease | $1,077,777 | $50,000 -4.4% | NEOHREX |
Jan 11, 2024 | Price decrease | $1,127,777 | $50,000 -4.2% | NEOHREX |
Oct 25, 2023 | Price decrease | $1,177,777 | $84,223 -6.7% | NEOHREX |
July 22, 2023 | New listing | $1,262,000 | — | NEOHREX |