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166-188 Mentor Avenue

Painesville, OH 44077
Active
Commercial
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$1,534,000
Exceptional opportunity to acquire a 13-unit multifamily portfolio in one of Lake County’s fastest-improving rental markets. Located at 166-188 Mentor Avenue, this well-positioned asset generates approximately $147,000 in annual gross rental income, providing investors with immediate cash flow and significant long-term appreciation potential. Situated just minutes from Historic Downtown Painesville,… Read MoreRead Less
Courtesy of Keller Williams Greater Cleveland Northeast and Chandler Jekutis, [email protected], 440-413-2534
Listing Snapshot
Days Online
0
Last Updated
Property Type
Apartment
Lot Size
0.57 Acres
Year Built
1984
MLS Number
5227213
30 Days Snapshot Of 44077
$209k
0%
(avg) sold price
18
+50%
homes sold
60
+20%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1984, Living area units: SquareFeet, 5 buildings
Expenses
Operating: $31,528
Fence
Fenced
Heating
Electric, Gas
Income
Net operating income: $115,472
Lot
0.57 acres
Parking
13 total parkings, Asphalt
Sewer
PublicSewer
Taxes
Year: 2025
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Jon Legato
Realtor® + Team Leader
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Schools In The Area

Check out nearby schools with ratings and contact info.
Maple Elementary School 440-392-5440 Public PK-5
Heritage Middle School 440-392-5250 Public 6-8
Harvey High School 440-392-5110 Public 9-12
Maple Elementary School 440-392-5440 Public PK-5
Maple Elementary School 440-392-5440 Public PK-5
Heritage Middle School 440-392-5250 Public 6-8
Harvey High School 440-392-5110 Public 9-12

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