Michael Sulek
Principal Broker
REALTOR®
BEDS9
BATHS4 full
SQUARE FEET4,628
MLS#5211515
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONRockwell, Mathews & Hitchcock Sub
SCHOOLPainesville City Local
Property Description
Cash flowing 4-unit investment property in Painesville with potential to generate approximately $4,000/month in rental income,plus the added flexibility of owner-occupancy with one vacant unit currently available. Conveniently located near OH-2, OH-44, US-20, Lake Erie College, schools, shopping, restaurants, and other local attractions. One 3-bed/1-bath unit; two 2-bed/1-bath units; and one 1-bed/1-bath unit. Three units currently occupied. Recent updates include: replaced some windows (2024), Unit 134 refrigerator (2025), Units 134 & 136 electric fixtures (2026), Unit 134 bathtub (2026), and applied Rhino Shield coating on all exterior siding (2024).
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: Wall Unit(s)
Garage: 1
Heating: Forced Air, Gas
Lot Size: 0.16 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $6,711 / year
Year Built: 1910
Feature Descriptions
Appliances: Range, Refrigerator
Exterior: Vinyl Siding
Parcel#: 15-B-005-0-00-062-0
Parking: Driveway, Detached, Garage
Sewer: Public Sewer
Water: Public
Local Schools
School District: Painesville City Local
Listed By / Shown By
Listed By
Agency Name: Engel & Völkers Distinct
Agency Contact: 440-568-0400, cleveland@evrealestate.com
Shown By
Agent Name: Michael Sulek
Agent Phone: (740) 359-0695
Agency Title: Sulek & Experts Real Estate
Estimate Your Payment
Estimated Payment
$ 1,402.27 per month $745.34 Principal & Interest $559.25 Property Tax $97.68 Homeowner's InsuranceChange Payment Information
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134 Pearl Street | MLS# 5211515
This multi-family property located at 134 Pearl Street , Painesville, OH 44077 is currently listed for sale with an asking price of $334,900. Pearl Street is located within the Painesville City Local school district. Search Painesville real estate on msulek.sulekandexperts.com today.