396 Railroad ST new Save Request In-Person Tour Request Virtual Tour
Painesville,OH 44077
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Phelps & Perkins
MLS Listing ID 5120222
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1910
Annual Tax Amount $1,629
Tax Year 2024
Lot Size 4,477 Sqft
Acres 0.1028
Property Sub-Type Duplex
Property Description
Great investor double just waiting for you. This up/down two family home is a super investment for the long run. The first floor has great long term tenants and the 2nd is ready for new occupants. This home received a new roof in November 2021, and had numerous updates that same year as well. There is a driveway on each side of this home so no tenant will block the other when it comes to parking in the drive. The mechanicals have been updated so not much to do but kick back and collect the rents. Owner provides the refrigerators & ranges, & the tenants supply their own washer & dryer. The first fl laundry is in the basement and the second floor is in-suite. Rents are low so there is a good value added opportunity to increase the bottom line numbers with a few modifications. Take your money out of a volatile stock market or underperforming savings and invest in real estate today. Come explore this great home and you'll want to call it your own.
Location
State OH
County Lake
Interior
Heating Forced Air,Gas
Cooling None
Fireplace No
Window Features Insulated Windows
Appliance Range,Refrigerator
Laundry In Basement,In Unit
Exterior
Parking Features Driveway
Garage Spaces 1.0
Garage Description 1.0
Fence Back Yard
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Foundation Block
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Painesville City Lsd - 4305
Others
Tax ID 15-A-004-A-00-011-0
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional