Property
Beds
9
Full Baths
4
1/2 Baths
None
Year Built
1910
Sq.Footage
4,628
Cash flowing 4-unit investment property in Painesville generating $4,000/month in rental income, with all units currently occupied. Conveniently located near OH-2, OH-44, US-20, Lake Erie College, schools, shopping, restaurants, and other local attractions. One 3-bed/1-bath unit; two 2-bed/1-bath units; and one 1-bed/1-bath unit. Recent updates include: replaced some windows (2024), Unit 134 refrigerator (2025), Units 134 & 136 electric fixtures (2026), Unit 134 bathtub (2026), and applied Rhino Shield coating on all exterior siding (2024).
Features & Amenities
Interior
-
Total Bedrooms
9
-
Bathrooms
4
-
Above Grade Finished Area
4628.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Wall Unit(s)
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Vinyl Siding
-
Parking
Driveway, Detached, Garage
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.1584
-
Property Type
Residential Income
-
Property Sub Type
Quadruplex
Price
-
Sales Price
$334,900
-
Tax Amount
$6,711
-
Sq. Footage
4,628
-
Price/SqFt
$72
HOA
-
Association
No
School District
-
Elementary School
Painesville City LSD - 4305
-
Middle School
Painesville City LSD - 4305
-
High School
Painesville City LSD - 4305
Property Features
-
Stories
2
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Lake
Elementary School
Painesville City LSD - 4305
Middle School
Painesville City LSD - 4305
High School
Painesville City LSD - 4305
Listing Courtesy of Adam T Zimmerman , Engel & Völkers Distinct
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