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176 Stage Avenue, Painesville, OH 44077

$225,000
  • 176 Stage Avenue, Painesville, OH 44077 Main Photo
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New to the Market Active
BEDS6 BATHS3 full 1 partial SQUARE FEET3,280 MLS#5233610
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLPainesville City Local

Property Description

Expand your investment portfolio with this income-producing property featuring three residential units on one parcel, a duplex and a detached single-family home, offering multiple income streams in one convenient location. The duplex consists of two units, each offering 2 bedrooms and 1 full bath, with separately metered electric service. Shared laundry hookups are located in the basement. The owner currently pays all utilities, including water and sewer, for both duplex units, as well as trash removal service. The detached single-family home offers 2 bedrooms, 1.5 baths, basement laundry hookups, and separate utility meters. The resident is responsible for all utilities, including water and sewer. The property is fully occupied with month-to-month rental agreements currently in place, providing immediate rental income while allowing future flexibility as lease opportunities arise. Additional Information: 24-hour notice is required for all showings. Residents will provide access for scheduled showings. Washers and dryers are owned by the residents and will not convey with the property. All remaining appliances are owned by the seller and will transfer with the sale. Unit 178: Resident pays all utilities, including water and sewer. Units 176 & 180: Owner pays all utilities, including water and sewer. Owner provides trash removal service for the property. This is an excellent opportunity for investors seeking an established, income-producing asset with three residential units on a single parcel and the flexibility to implement future investment strategies as opportunities arise.

176 Stage Avenue | MLS# 5233610

This multi-family property located at 176 Stage Avenue, Painesville, OH 44077 is currently listed for sale with an asking price of $225,000. Stage Avenue is located within the Painesville City Local school district. Search Painesville real estate on www.lydiawalls.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Window Unit(s)
Heating: Gas, Hot Water, Radiator(s), Steam
Lot Size: 0.30 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,868 / year
Year Built: 1930

Feature Descriptions

Appliances: Range, Refrigerator
Days on Site: 3
Exterior: Aluminum Siding, Vinyl Siding
Laundry: In Basement
Parcel#: 15-C-023-0-00-006-0
Parking: Gravel
Pool: Above Ground
Sewer: Public Sewer
Swimming Pool: Yes
View: Neighborhood
Water: Public

Local Schools

School District: Painesville City Local

Listed By / Shown By

Listed By

Agency Name: McDowell Homes Real Estate Services
Agency Contact: tonink@mcdhomes.com, 440-813-4079

Shown By

Agent Name: Lydia Walls
Agent Phone: (937) 935-5597
Agency Title: Key Realty

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Estimated Payment

$ 1,563.21 per month $1,258.59 Principal & Interest $239.00 Property Tax $65.63 Homeowner's Insurance

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