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Listed price in listed location currency (USD).
$130,000

310

MLS® 5253696

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 1544 sqft
Garage 
Taxes $2,127
Days Active 15
Lot Size 0.2677 Acres
Approx. Age 1900
Avg. Price Per Sqft $84
MLS® Number 5253696

Property Address: 139 W Jackson St, Painesville, OH, 44077-3212

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey Income Property Near Lake Erie College. Buy It Alone or as a $3, 117/Month Package! Here is a rental that is already working for you. 139 W Jackson sits minutes from Lake Erie College, Richmond Road and Route 2, so tenant demand is built in. It was renovated about 2.5 years ago and is rented to students today, so you collect income from day one. The home offers 1, 104 sq. ft. above ground plus 440 sq. ft. in the basement. There are three bedrooms: two on the main floor and one upstairs. The main level has a full bathroom, a spacious kitchen and a separate living room. Upstairs, a second living area gives tenants room to study, relax or entertain. Laminate flooring throughout keeps maintenance simple and turnovers fast. There is no garage. Current income: $1, 475 per month. That is $1, 300 rent, $150 for water and sewer, and a $25 pet fee. The tenants are month to month, so you can keep them in place or reposition the property on your own timeline. The real opportunity is the package. Advantage will be given to an investor buying both 139 and 133-135 W Jackson, the adjacent parcel, as a complete cash flowing investment package generating $1, 642 + $1, 475 = $3, 117.00 monthly! That is two neighboring parcels and three rental units, run as one investment. The seller prefers to sell both together. Whether you are building a portfolio or adding to one, this is income, location and scale in a single purchase. Schedule your showing today!
MLS® Number5253696
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementUnfinished
DrivewayUnpaved
Garage Spaces
HeatForced Air
A/CNone

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $130,000 and $172,000.
Similar properties in this area sold on average for: $157,900
Expected to sell very soon! Similar properties sold in 3 days. This home has been on Zoocasa for 15 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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