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Property Description

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

Features
: Hot Water, Steam
: Window Unit(s)
Address Map
OH
Lake
Painesville
44077
Nelson
39
Street
W82° 44' 34.7''
N41° 42' 50''
Property Details
Active
CENTURY 21 Asa Cox Homes
Asa A Cox
5,406 Sqft
383918
9211
15-C-033-F-00-061-0
: Asphalt, Fiberglass
: Public Sewer
2
: Public
$3,198
2022006741
18/11/2025 14:35:47
No
No
No
No

39 Nelson Street, Painesville, Ohio 44077

Commercial Sale For Sale

0.22 Sqft
$399,900
Listing ID #5154302
Basic Details
Property Type : Commercial Sale
Property Sub Type : Apartment
Levels : Two
Listing Type : For Sale
Listing ID : 5154302
Price : $399,900
Year Built : 1910
Lot Area : 0.22 Sqft
Current Use : Residential,Single Family
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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