513 W 44th Street, Ashtabula, OH 44004

Property Description

Fantastic Turnkey Investment Opportunity – 4-Unit Brick Building on Oversized Lot! This is a prime opportunity for investors looking to expand their portfolio with a fully renovated, all-brick 4-unit property situated on an extra-large lot—originally three parcels combined, offering exciting potential for future expansion. Each spacious unit offers approximately 972 sqft of living space, featuring 2 bedrooms, 1 full bath, a cozy fireplace in the living room, and a private patio with elegant Travertine tile. The large dining room with built-ins opens to a well-equipped kitchen with a gas range, refrigerator, and dishwasher. Recent updates include a new roof (2021), windows, and four hot water tanks (2017). The basement offers shared laundry (2 washer/dryer sets) and private storage units for each tenant. Tenants will appreciate the ample green space, generous parking, and convenient location near parks, the marina, restaurants, and more. Each unit has a private balcony on the street side and a semi-private patio on the west side. Also, each unit has a private entrance in the back in addition to the shared entrance on 44th street. Lot could possibly be split into two and a second development might be possible (buyer to do their own research). Whether you're a seasoned investor or just starting out, this turnkey property offers strong rental appeal and future growth potential.