Madison, OH 44057,5465 Chapel RD
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Madison, OH 44057,5465 Chapel RD
Madison, OH 44057,5465 Chapel RD
Madison, OH 44057,5465 Chapel RD
Madison, OH 44057,5465 Chapel RD
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$ 1,200,000
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5465 Chapel RD Madison, OH 44057

3.07 Acres Lot


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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Dreamhaven

MLS Listing ID 5131979

HOA Y/N No

Year Built 1932

Annual Tax Amount $9,069

Tax Year 2024

Lot Size 3.066 Acres

Acres 3.0663

Property Sub-Type Mixed Use

Property Description

Long/Short term-Ready Investment Opportunity! Welcome to your turnkey rental retreat—featuring a main house and five fully furnished cottages on 3 private, park-like acres on Lake Erie, just minutes from Geneva-on-the-Lake and Mentor Headlands. This income-generating property is ideally located just steps from a public park and close to shopping, dining, and top regional attractions. Enjoy stunning sunset views, fire pits, dedicated entertainment areas, and two sheds thoughtfully transformed into cozy guest retreats. Each unit offers a fully equipped kitchen, while the main house and three cottages also feature in-unit laundry. All cottages were thoughtfully restored and major upgrades include all new roofs (2023), siding, two fully renovated bathrooms (2025), now transformed into stylish, comfortable, and guest-ready spaces with strong rental appeal. Everything you see, stays! (except for the 4-wheeler) Whether you're seeking a profitable short- and long-term rental portfolio or a unique multi-family compound, this rare property delivers on charm, versatility, and immediate income potential.

Location

State OH

County Lake

Rooms

Basement Full, Unfinished

Interior

Heating Baseboard, Hot Water, Steam

Cooling Wall Unit(s)

Fireplace No

Exterior

Parking Features Driveway, Detached, Garage, Unpaved

Fence Wood

Water Access Desc Public

Roof Type Asphalt,Fiberglass

Present Use Residential,Single Family

Total Parking Spaces 6

Building

Story 2

Foundation Basement

Sewer Septic Tank

Water Public

Level or Stories Two

Schools

School District Madison Lsd Lake- 4303

Others

Tax ID 01-B-129-A-00-025-0

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Darlene Hall • Keller Williams Chervenic Rlty • [email protected] 330-800-4255
agent

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5465 Chapel RD