19
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$399,900
Est. payment /mo
9,583 Sqft Lot
New
39 Nelson ST Painesville, OH 44077
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision West Walnut Estates
MLS Listing ID 5154302
HOA Y/N No
Year Built 1910
Annual Tax Amount $3,198
Tax Year 2024
Lot Size 9,583 Sqft
Acres 0.22
Property Sub-Type Apartment
Stories Two
Story Two
Property Description
Investors' dream! This fully occupied 5-unit property offers a fantastic opportunity with strong rental income. Each unit features 1 bedroom, 1 bathroom, a comfortable living room, and a functional kitchen, providing tenants with everything they need. Generating $4,150 in monthly income, this property is a solid addition to any portfolio. Boasting over 5,000 sq. ft. of living space, the building provides spacious accommodations and long-term rental potential. Its central location places tenants close to shopping, dining, and local amenities, ensuring convenience and consistent demand. Whether you?re expanding your investment portfolio or starting with a strong cash-flowing property, 39 Nelson St is a must-see opportunity in the heart of Painesville.
Rent
Apartment 1- $700 month to month
Apartment 2- $900 month to month
Apartment 3- $900 April 2026
Apartment 4- $950 February 2026
Apartment 5- $700 month to month
Rent
Apartment 1- $700 month to month
Apartment 2- $900 month to month
Apartment 3- $900 April 2026
Apartment 4- $950 February 2026
Apartment 5- $700 month to month
Location
State OH
County Lake
Rooms
Basement Full, Unfinished
Interior
Heating Hot Water, Steam
Cooling Window Unit(s)
Fireplace No
Exterior
Fence Chain Link, Partial
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Present Use Residential,Single Family
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Painesville City Lsd - 4305
Others
Tax ID 15-C-033-F-00-061-0
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Special Listing Condition Standard
Listed by Asa A Cox • CENTURY 21 Asa Cox Homes