2828 Lake Avenue, Ashtabula, OH 44004

$499,900

Sq. Ft.: N/A
Type: Commercial
Request Information
Here's your chance at a turn-key rental business with 5 single family residential homes offered in a package deal. All homes are in close proximity to each other & all are currently rented. 3 are neighbors on Lake Ave near the hospital with a continuous 1.4 acres, plus 2 additional houses not too far! Total combined acreage is approx. 1.68 acres. 4 of the 5 homes all have stable tenants in place ranging from 2-4 years. The 5th has a new lease beginning in September. Nice mix with section 8 tenants in 3 of the 5. Rents total $4,940 per month. The addresses, all in Ashtabula city, include: * 2808 Lake Ave * 2818 Lake Ave * 2828 Lake Ave * 302 W 49th St * 1714 W 4th St.
Property Features
Location Information
County: Ashtabula
Latitude: 41.878565
Longitude: -80.792959
Subdivision: S W Humphrey
Directions: multiple locations
Interior Features
Heating: Forced Air, Gas
Cooling: None
Basement Description: Unfinished
Has Basement: Yes
Total Number of Units: 5
Exterior Features
Stories: 2
Possession: Delivery Of Deed, Negotiable
Water / Sewer: Public Sewer
Water: Public
Parking Description: Driveway, Detached, Garage
Has Garage: Yes
Lot Size in Acres: 1.679
Has Waterfront: No
Additional Information
Roof/Attic: Metal, Slate
Property Type: COM
Property SubType: Other
Property SubType 2: Commercial Sale
Year Built: 1927
Status: Active


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
yrs
Interest Rate
 % 
Down Payment
$
List Price:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing courtesy of Platinum Real Estate 888-974-7253
Logo
© 2026 MLS Now (formerly Yes MLS, NEOHREX, and NORMLS). All rights reserved.
The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than William Zamarelli Realtors are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.
MLS Now (Yes MLS) data last updated at November 11, 2026, 4:45 AM ET