58 Adelaide Avenue , Painesville Township, OH 44077

$249,900

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BEDS4 BATHS2 full SQUARE FEET1,584 MLS#5220292

STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWg Mccall SCHOOLRiverside Local

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Property Description

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.

58 Adelaide Avenue | MLS# 5220292

This multi-family property located at 58 Adelaide Avenue , Painesville Township, OH 44077 is currently listed for sale with an asking price of $249,900. Adelaide Avenue is located within the Riverside Local school district. Search Painesville Township real estate on abernardi.mcrealestateohio.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Full

Basement: Yes

Cooling: None

Heating: Forced Air, Gas

Lot Size: 0.16 Acres

Roof Type: Metal

Stories: 2.0

Taxes: $1,754 / year

Year Built: 1920

Feature Descriptions

Appliances: Dryer, Range, Refrigerator, Washer

Exterior: Vinyl Siding

Laundry: Washer Hookup, Gas Dryer Hookup, In Unit

Parcel#: 11-B-065-C-00-004-0

Parking: Driveway

Sewer: Public Sewer

Water: Public

Local Schools

School District: Riverside Local

Listed By / Shown By

Listed By

Agency Name: Engel & Völkers Distinct
Agency Contact: 440-568-0400, cleveland@evrealestate.com

Shown By

Agent Name: Ashley Bernardi
Agent Phone: (440) 823-0611
Agency Title: M.C. Real Estate

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Estimated Payment

$ 775.22 per month $556.17 Principal & Interest $146.17 Property Tax $72.89 Homeowner's Insurance

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58 Adelaide Avenue , Painesville Township, OH 44077

$249,900

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