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
Property Features
Heating Information
Hot Water
Steam
Basement
Full
Unfinished
Cooling Information
Window Unit(s)
Water Features
Public
Listing Courtesy: CENTURY 21 Asa Cox Homes - 440-639-0002
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided courtesy of the Northern Ohio Regional Multiple Listing Service.
Last Updated: 2025-11-19 22:01:01
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from YES MLS.