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39 Nelson Street, Painesville, OH 44077

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For Sale

$399,900

0.22 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 0.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

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
MLS# 5154302

Courtesy Of CENTURY 21 Asa Cox Homes

(440) 639-0002

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Steam
  • Lot Size
    0.22 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement

Map and Directions

Directions to 39 Nelson Street, Painesville, OH 44077

Home seller CENTURY 21 Asa Cox Homes

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Asa Cox Homes

(440) 639-0002
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Monthly Payment Breakdown

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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