513 High St, Painesville, OH 44077

Fantastic Investment Opportunity in a Lakefront Community! Updated TRI-PLEX has over $60,000 in improvements in past 12 years (see Supplement) including new Roof, Bathrooms, Stairs and Deck, Gutters & Downspouts, Sewer. 3 Bedroom, 2 Bedroom and 1-Bedroom units. Building Manager lives in 1-Bedroom unit for past 18 years. Both Unit 2 and Unit 3 tenants have rented for the past two years and have also renewed for another year. Income is almost $19,000 per year with about $7,000 Operating Expenses calculated to be over 13% Capitalization Rate! 24-hour prior notice required for showings. Section 8 approved. Call today for your viewing tomorrow. Better hurry on THIS one!