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About This Home
This 4-bedroom, 2-bathroom multi-family at 58 Adelaide Avenue in Painesville, OH is listed for $249,900 ($158 per sqft). Built in 1920, the home offers 1,584 sqft of living space on a 0.16 acres lot.
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.
Key Features
- Built in 1920
- 0.16 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$1,337/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
58 Adelaide Avenue
Painesville, OH 44077
Wg Mccall
Property Details
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 2-bathroom multi-family at 58 Adelaide Avenue is listed at $249,900 ($158/sqft). The estimated monthly payment is $1,083 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.16 acre lot, 2 stories.
This property is listed by Adam T Zimmerman and can be reached at 2165132728 or adam.zimmerman@evrealestate.com.
