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39 Nelson St 5 Unit Apartment Building $399,000 ($79,800/Unit) Painesville, OH 44077
INVESTMENT HIGHLIGHTS
- 5-minute drive to retailers such as Giant Eagle, Starbucks, and more.
- Built in 1910 and recently renovated in 2023, combining classic architecture with modern updates.
EXECUTIVE SUMMARY
5-unit multi-family building available for sale in Painesville. Offered at $359,900.
PROPERTY FACTS
| Price | $399,000 | Building Class | C |
| Price Per Unit | $79,800 | Lot Size | 0.25 AC |
| Sale Type | Investment | Building Size | 5,406 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1910/2023 |
| Property Subtype | Apartment | Parking Ratio | 1.29/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-1 - Apartment | ||
| Price | $399,000 |
| Price Per Unit | $79,800 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 5,406 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1910/2023 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | R-1 - Apartment |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | - | 600 - 1,000 |
1 1
PROPERTY TAXES
| Parcel Number | 15-C-033-F-00-061 | Improvements Assessment | $26,980 |
| Land Assessment | $7,440 | Total Assessment | $34,420 |
PROPERTY TAXES
Parcel Number
15-C-033-F-00-061
Land Assessment
$7,440
Improvements Assessment
$26,980
Total Assessment
$34,420
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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Presented by
Dan Layton
39 Nelson St
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