Cash flowing 4-unit investment property in Painesville with potential to generate approximately $4,000/month in rental income,plus the added flexibility of owner-occupancy with one vacant unit currently available. 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. Three units currently occupied. 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).

Listing courtesy of Adam T Zimmerman of Engel & Völkers Distinct



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