Great opportunity for income property with this 2 BR, 2 Full Bath House and 5 apartments multifamily Aurora property. Covering .53 acres, there are 3 buildings on 2 parcels. Currently there are 5 rentable apts and a single family home. It would be possible to turn it into 7 or 8 apartments. 925 Lake is a 2 BR, 2 Full Bath - 1296 sq ft house that could continue as a single family or split into 2 apartments and sits on its own parcel. The 2nd parcel has 931 and 933 Lake Ave. 931 Lake has three 1 BR, 1 BA apartments and a 4th possible in attic. 933 Lake has two 1 BR, 1 BA apts. Plenty of parking, 1 car garage, lg yard with storage shed. Both parcels are grandfathered into their use as residential and multifamily, or could be converted to a list of possible Commercial uses according to Aurora zoning. Across the street the new 550 acre Geauga Lake Amusement Park Re-development: Renaissance Park will have 225 acres of green space connecting by trail to downtown Aurora, over 375 residential homes priced approx $430-$630,000, Class A apartments, Class A Office space and major anchor stores. Situated just off Rte 43 in Portage County, within a mile are WalMart, Target, Kohl's, Home Depot, the coming Menards and Meier stores, and many other retailers and restaurants. What's missing is smaller, affordable apartments. A unique income producing property and opportunity in highly desirable Aurora with top ranked schools. Financials in supplements.
Courtesy of: Keller Williams Chervenic Rlty The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Branches Real Estate are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Placester, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Updated: 28th September, 2022 6:28 PM (UTC)