BEDS4
BATHS2 full
SQUARE FEET1,584
MLS#5220292
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONWg Mccall
SCHOOLRiverside Local
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.
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: Lydia Walls
Agent Phone: (937) 935-5597
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 1,616.92 per month $1,397.87 Principal & Interest $146.17 Property Tax $72.89 Homeowner's Insurance
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 www.lydiawalls.com today.