Property photo 1
14 photos
ActiveMLS# 5220292121 days on market

$225,000

58 Adelaide Avenue

Painesville Twp, OH 44077

4 BD|2 BA|1,584 SQFT|$142.05/sqft

About This Property

Completely renovated and cash-flowing 2-unit investment property in Painesville Township, in the Riverside School District, currently generating $2,200/month in rental income, with the potential to generate $2,500 or more per month. The home features 2 currently occupied units: Lower unit has 3 bedrooms and a full bath; upper unit has 1 bedroom and a full bath. Both units have in-suite laundry, stainless steel appliances, new flooring and paint. RECENT UPDATES: Replaced roof and siding (2024), completed updated both units including kitchens, baths, flooring, paint, and all appliances (2024/2025). INCLUDED are ALL kitchen appliances and washers/dryers. Conveniently located near OH-2, OH-44, US-20, Lake Erie College, Headlands Beach and Fairport Harbor Lakefront parks, shopping, restaurants, and other local attractions.

Features & Amenities

Basement

Property Details

Property TypeSingle Family
Year Built1920
Lot Size7,148 sqft
Stories2
Price / Sqft$142.05
Days on Market121
MLS Number5220292

Noreen Kaseda

Sales Associate

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Est. Monthly Payment

$1,353

P&I: $1,138 | Tax: $159 | Insurance: $56

$225,000
%
%
Loan Amount$180,000
Down Payment$45,000

Estimates are for informational purposes only. Tax and insurance amounts are approximations. Contact a mortgage lender for accurate quotes.

Location

58 Adelaide Avenue, Painesville Twp, OH 44077

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