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58 Adelaide Avenue

Painesville Twp, OH 44077
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Bed 4

Bed

Bath 2

Bath

SqFt1,584

Sqft

Acres0.16

Acre(Lot)

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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Detail Ic Property Details

Property Type : Residential Income

Price : $225,000

AD Id : 85534946

MLS Id : 5220292

Beds : 4

Lot Size : 0.16 Acre

Living Area Size : 1,584 Sq. Ft

Tax Amount : $1,754

Year Built : 1920

County : Lake

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 8 Has Basement: Yes Basement: Full
  • Roofing Information

    Metal
  • Interior Features

    Roof: Metal Appliances: Dryer, Range, Refrigerator, Washer Laundry Features: Washer Hookup, Gas Dryer Hookup, In Unit
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None

  • Building Information

    Year Built: 1920 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No

  • Lot Information

    Main Square Feet: 0.1641 Acres Lot Size Acres: 0.1641 Lot Size Source: Public Records

    Property Information

    Subdivision: Wg Mccall Source Property Type: Residential Income Property SubType: Duplex Levels: Two Property Age: 106

  • Listing Price Information

    Listing Price: $225000 Original Price: $249900 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 11-B-065-C-00-004-0 Tax Year: 2025 Annual Tax: $1754 Tax Legal Desc: LOT 19 TRACT 4 PART OF S/L 20, 21 & 22 MCCALL SURVEY

  • Parking Information

    Driveway

  • Location Information

    Direction: Richmond Rd to Adelaide Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
134 Pearl Street, Painesville, OH, 44077 $315,000 9 4 4,628 0.16 Acre
133 W Jackson Street, Painesville, OH, 44077 $128,900 2 2 1,125 0.20 Acre
352 W Jackson Street, Painesville, OH, 44077 $235,000 5 2 2,114 0.59 Acre

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 10/06/2026 @ 16:07

MLS: 5220292 LISTED BY: Adam Zimmerman, Engel & Völkers Distinct 440-568-0400 SOURCE: MLS Now

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