887-889 Colony DriveAurora, OH 44202

887-889 Colony DriveAurora, OH 44202

1/34 Virtual Tour Fullscreen
$299,900 Active
Multi Unit - Multiple MLS 5214068
4 beds 2 full baths 3,100 sqft

Listed By

Agency Name: Century 21 Goldfire Realty
Agency Contact: Borr2u@gmail.com, 330-687-4496

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Rare opportunity in Aurora! Situated on 2.18 picturesque acres with stunning lakefront views, this side-by-side raised ranch duplex offers endless potential for investors, renovators, or those looking to build their dream waterfront home. Each unit features 2 bedrooms, central air conditioning, and separate living spaces. A newer roof was installed approximately 3-4 years ago. The property also includes a detached 20x24 garage and an impressive 30x40 outbuilding with concrete floors and a mezzanine, providing abundant storage, workshop space, or future hobby use. Property is approx 1.17 land and an acre of water. Please note: the existing home is in need of substantial rehabilitation or tear down. View at your own risk with your favorite Realtor and it is being sold as-is. Whether you choose to restore the structure or start fresh and build your custom lakefront retreat, the true value lies in the exceptional setting, acreage, and breathtaking water views. Check with local zoning with your ideas! Opportunities like this in Aurora are few and far between! Located in award winning Aurora school district- looking for cash offer, no financing due to condition of home.

887-889 Colony Drive | MLS# 5214068

This multi-family property located at 887-889 Colony Drive, Aurora, OH 44202 is currently listed for sale with an asking price of $299,900. 887-889 Colony Drive is located within the Aurora City school district. Search Aurora real estate on 536austindriveunitf.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Interior Entry, Partially Finished, Walk-Out Access
Cooling: Central Air
Days on Market: 28
Garage: 5
Heating: Baseboard, Gas
Lot Size: 2.19 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $5,341 / year
Year Built: 1940

Feature Descriptions

Appliances: Dryer, Range, Washer
Exterior: Vinyl Siding
Laundry: In Basement
Lot: Cleared, Fishing Pond(s), Gentle Sloping, Lake Front, Few Trees, Views, Waterfront
Parcel#: 03-003-00-00-001-000
Parking: Driveway, Detached, Garage Faces Front, Garage, Paved, Garage Faces Side, Workshop in Garage
Sewer: Public Sewer
View: Panoramic, Water
Water: Well
Water Features: Lake Front, Lake Privileges, Waterfront
Window: Double Pane Windows

Local Schools

School District: Aurora City

Demographics

Portage County Demographic Information for 887-889 Colony Drive, Aurora, OH 44202
Fips
Fips Code 39133
Population
2020 to 2025 Change up 1.0%
2010 Count 161,419
2020 Count 161,791
2025 Estimate (V2025) 163,404
2020 Estimate (V2025) 161,796
Age Distribution (Years Old)
0 to 4 4.5%
5 to 17 17.8%
18 to 64 58.5%
65 and Older 19.2%
Gender
Male 49.3%
Female 50.7%
Place of Birth
Foreign 3.7%
US 96.3%
Education
High School Graduate, Age 25+ 92.9%
Bachelor's Degree or Higher, Age 25+ 32.5%
Computer and Internet use
Households with a computer 95.7%
Households with a broadband Internet subscription 89.8%
Language
English is Second Language, Age 5+ 4.5%
English is First Language, Age 5+ 95.5%
Veterans
Veterans 8,134
Income
Per Capita Income $40,483
Median Household Income $75,766
People in Poverty 11.7%
Commute
Average Work Commute Time 25 minutes
Housing
Total Housing Units 71,416
Households 65,249
Average Household Size 2.37
Owner-Occupied 70.1%
Multi-Family 22.1%
Owner-Occupied Median Value $227,000
Median selected monthly owner costs -with a mortgage $1,578
Median selected monthly owner costs -without a mortgage $611
Median gross rent $1,064
Building Permits
New Private Housing Issued 2024 200
Years at Residence
1 Year or More 87.0%
Less Than 1 Year 13.0%
Business and Employment
Private non-farm Establishments 3,051
Private non-farm Employment 48,660
Private non-farm Employment Growth down 0.1%
Nonemployer Establishments 11,742
Number of Firms 2,004
Business Production
Value of Shipments $3,414,065,000
Wholesale Trade $2,552,575,000
Retail Trade $2,382,688,000
Retail Sales Per Capita $12,043
Accommodation and Food Services $268,582,000
Land
Land Area 487.38 sq. miles
Population Per Square Mile 332

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 2,068.79 per month $1,536.23 Principal & Interest $445.08 Property Tax $87.47 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage