See all 41 photos

$189,900

Est. payment - /mo

Save

5 Beds

3 Baths

1,917 SqFt

New

267 Rockwood DR Painesville, OH 44077

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fri

Oct

Sat

Nov

Sun

Nov

Luke Loughery

[email protected] +1(304) 312-8583

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,917 sqft

Price per Sqft $99

Subdivision M C Sherwood Homestead 03

MLS Listing ID 5168168

Bedrooms 5

Full Baths 3

HOA Y/N No

Abv Grd Liv Area 1,917

Year Built 1925

Annual Tax Amount $2,970

Tax Year 2024

Lot Size 5,401 Sqft

Acres 0.124

Property Sub-Type Duplex

Stories Two

Story Two

Property Description

Here's your chance to own a classic income-producing duplex colonial in Lake County, Ohio; except this duplex comprises 2 free-standing single-family structures. The Front House has refreshed paint and flooring. It offers 3 generous bedrooms upstairs, 2 very roomy full bathrooms (1 bath up and 1 bath on the main floor), a large eat-in kitchen with a bonus area, and a spacious, open living/dining layout. The furnace is new this year, the HWT is just under 3yrs old, and the electrical is updated. This Front House is currently vacant—perfect for a family or for an investor to place a new tenant at today's market rents, ready to boost cash flow significantly. The Back House is occupied by a tenured tenant of over 9 years, paying $600 per month + utilities. The furnace is approximately 15yrs old and the HWT is <5yrs. The Back House could use some TLC. Both roofs are newer <10yrs! The driveway is double-wide, providing organized duo-tenant designated parking. This property provides both current stability and a great deal of upside. Full-service professional management for tenant screening, leasing, marketing, and tenant communications, as well as for rehab and construction services, is available. This ensures a smooth transition and makes this property an attractive option for both local and out-of-state buyers. Located very close to schools, shopping, parks, and major highways, this duplex offers convenience for tenants and Owner. Whether you're looking for the perfect place for you and your extended family, or whether you're building your investment portfolio and/or entering the Cleveland-area market for the first time, this is a versatile investment opportunity offering immediate income and long-term growth potential—schedule a showing today!

Location

State OH

County Lake

Rooms

Basement Full, Unfinished

Interior

Interior Features Built-in Features, Eat-in Kitchen, Storage, Soaking Tub, Walk-In Closet(s)

Heating Forced Air, Gas

Cooling None

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Additional Parking, Asphalt, Common, Driveway, Detached, Garage, On Site, Outside, Oversized, Private, Shared Driveway, Side By Side

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Asphalt

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-007-0-00-049-0

Listed by Christine Jarrell • All Access Realty • [email protected], 440-413-0945

GET MORE INFORMATION

Luke Loughery

Agent | License ID: WVS240303156

+1(304) 312-8583

267 Rockwood DR Painesville, OH 44077

Luke Loughery

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

267 Rockwood DR