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
- Additional MLS: 5154302
- Age: Over 50 Years Old
- Basement: Full
- Basement: Unfinished
- Building Area: 5406.00 SF
- Cross Docks: N
- For Auction: N
- Lot Size In Text: 9583 Sq. Ft.
- MLSID: 5154302
- Parking Places: 0
- Price Upon Request: N
- Sewer: Public
- Style: Other Style
- Sublease: N
- Taxes: $3198.00
- Year Built: 1910