58 Adelaide Avenue, Painesville, OH 44077
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: adam t zimmerman
Office: engel & vlkers distinct
MLS#:5220292
Source:OH_NORMLS
Price summary
- Price:$225,000
- Price per sq. ft.:$142.05
About this home
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.
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Home facts
- Year built:1920
- Subdivision & Development:Wg Mccall
- Listing ID #:5220292
- Added:146 day(s) ago
- Updated:November 12, 2026 at 04:12 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:8
- Kitchen Description:Range, Refrigerator
- Basement:Yes
- Basement Description:Full
- Living area:1,584 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Metal
- Year built:1920
- Building area:1,584 sq. ft.
- Lot area:0.16 Acres
- Construction Materials:Vinyl Siding
- Levels:2 Stories, 2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$225,000
- Price per sq. ft.:$142.05
- Tax amount:$1,754 (2025)
Features and amenities
- Appliances:Range, Refrigerator, Washer
- Laundry features:Dryer, Washer
Parking
- Parking description:Driveway
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