5465 Chapel Road

North Madison OH 44057

6634 sq. ft.

3.07 ac.

Duplex

Currently for sale - view listing

Overview

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.