This multi family has a rich history in Medway, formerly a hotel and destination place during the heyday of Crystal lakes. A train transported visitors to/from the hotel and Crystal Lake. Located in the heart of Medway it's been transformed into an easy to rent 6 unit building (3 two bedroom units and 3 one bedroom units). The building has been well maintained with many recent updates. Currently fully rented with a waiting list of new tenants. Long term tenants. Two Bedroom and one bedroom efficiency units New roof 2019, New exterior paint 2015 owner updates units as tenants turn over. New owner has made many improvements to the units, the electrical system, and the plumbing system. This property has ample parking and is conveniently located, it would make a great addition to any investors portfolio.
The median home value in Medway, OH is $157,400. This is lower than the county median home value of $160,600. The national median home value is $338,100. The average price of homes sold in Medway, OH is $157,400. Approximately 73.22% of Medway homes are owned, compared to 12.97% rented, while 13.81% are vacant. Medway real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Medway real estate agent to arrange a tour today!
Medway, Ohio 45341 has a population of 492. Medway 45341 is less family-centric than the surrounding county with 24.12% of the households containing married families with children. The county average for households married with children is 25.37%.
The median household income in Medway, Ohio 45341 is $68,571. The median household income for the surrounding county is $54,869 compared to the national median of $69,021. The median age of people living in Medway 45341 is 37.4 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 40 inches per year, with 19.6 inches of snow per year.