58 Adelaide Avenue
Painesville Twp, OH, 44077 $ 249,900
Bedrooms4 Baths2.0 Sq 1,584 Monthly Estimate*
$ 1,578
Multi-Family Home for sale in Painesville Twp, OH
for $249,900 with 4 bedrooms and 2 full baths. This 1,584 square foot home was built in 1920 on a lot size of 0.1641.
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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FeaturesGeneralSewer Public Sewer
Heating Forced Air Gas
Cooling None
Possession Negotiable
Roof Metal
Appliances Dryer Range Refrigerator Washer
Construction Materials Vinyl Siding
Year Built 1920
Stories Count 2
Township Painesville Twp
Levels Two
Property Subtype Duplex
Tax Year 2025
County Lake
Property Type Residential Income
Attached Garage false
Subdivision Name Wg Mccall
Garage Y/N false
Total Rooms 8
Full Baths 2
Status Active
Directions Richmond Rd to Adelaide Ave
City Painesville Twp
Disclosures Principal is Real Estate Licensed
High School District Riverside LSD Lake- 4306
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 1754
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Riverside LSD Lake- 4306
Elementary School District Riverside LSD Lake- 4306
Year Built Source Public Records
Property Sub Type Additional Duplex
Legal Description LOT 19 TRACT 4 PART OF S/L 20 21 & 22 MCCALL SURVEY
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InteriorBasement Full
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Above Grade Finished Area 1584
Half Baths 0
Laundry Features Washer Hookup Gas Dryer Hookup In Unit
Total Bedrooms 4
Main Level Bathrooms 0
Above Grade Finished Area Source Realist
Total Baths 2
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ExteriorParking Features Driveway
Water Source Public
Lot Size Area 0.1641
Number of Buildings 1
Lot Size Acres 0.1641
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded FeaturesList ByAdam T ZimmermanListing Agent
Engel & Völkers DistinctBroker
adam.zimmerman@evrealestate.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,578
- Monthly Property Taxes
- $146
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTrends Information provided by ATTOM Data Solutions.
4458021 Elementary School
4458028 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/19/2026 | $249,900 | | Listed Price |