5214 Old Lake Road, Geneva-on-the-Lake, Ohio 44041 presents an exceptional investment opportunity in one of Northeast Ohio's most desirable vacation destinations. Situated on four parcels with stunning views of Lake Erie and panoramic vistas down the famous Geneva-on-the-Lake Strip, this unique property offers a rare combination of long-term rental income and short-term vacation rental potential. Comprised of 12 total rental units (two bed, one bath per unit), the property spans three buildings, including a three-story, six-unit condo-style building with Lake Erie views, six ranch-style units, and a charming freestanding cottage. Many units have been updated with premium finishes and modern improvements, making them highly attractive to both seasonal visitors and long-term tenants. Four units operate as monthly rentals generating consistent income, while several others are utilized as short-term rentals through Airbnb, VRBO, and direct bookings, creating excellent upside potential for increased revenue. Seven of the 12 units are currently occupied on month-to-month agreements, providing flexibility for an investor's future plans. Guests and tenants enjoy convenient access from both Old Lake Road and Lake Road, along with a prime, walkable location just steps from Lake Erie, Township Park, public beach access, and the entertainment district known as "The Strip." Restaurants, bars, shopping, live entertainment, wineries, and countless seasonal attractions are all within walking distance, making this a highly sought-after destination year after year. Whether looking to expand an investment portfolio, capitalize on the thriving vacation rental market, or implement a mixed-use income strategy, this Geneva-on-the-Lake property presents a rare opportunity in a location where demand continues to grow. Schedule a private showing to explore the full potential of this income-producing asset.