39 Nelson St Painesville, OH 44077
Property profile & analytics
39 Nelson St Painesville, OH 44077
- Apartment buildings
- 0.22 lot acres
Property ID
US66-1947090
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 39 Nelson St
- Year built
- 1910
- Lot size
- 0.22 lot acres
- Property type
- Apartment buildings
Description
This meticulously maintained five-unit Victorian apartment building presents a compelling investment opportunity in Painesville, OH. Situated on a 0.22-acre lot at 39 Nelson Street, this property boasts a blend of classic charm and modern updates. The building comprises three units on the main level and two on the upper level, offering a diverse range of living spaces. Three units underwent complete renovations within the last year, while two others received updates within the past five years. This ensures consistent, high-quality rental income. The property includes a detached two-car garage, a valuable amenity for tenants. Both the building and the garage feature durable vinyl siding. All windows have been updated, and the basement incorporates modern glass block for enhanced light and insulation. Significant improvements have been made to the plumbing and electrical systems throughout the building, ensuring efficiency and reliability. The roofs are relatively new, ranging from new to ten years old, minimizing maintenance concerns. Heating is provided by efficient gas-powered hot water systems. All existing appliances, including stoves and refrigerators, are included in the sale. The property benefits from dual residential and commercial zoning, offering flexibility for future development or expansion. This turnkey investment property is priced at $369,900 and offers a strong return on investment.
Value Estimations
based on Realmo’s proprietary methodology
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Painesville
- County
- Lake
- State
- Ohio
- Longitude
- -81.25706
- Latitude
- 41.71384
