$130,000
About this home
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!
Property details
- MLS
- NOWDD
- MLS #
- 5253696
- Property type
- SingleFamilyResidence
- Subdivision
- Oliver A Crarys Sub
- Status
- Active
- Days on market
- N/A
- On market date
- October 16, 2026
- Stories
- N/A
- Total bathrooms
- 1
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.2677 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 367
- Student:teacher ratio
- 15.3:1
- District
- Painesville City Local
- Enrollment
- 621
- Student:teacher ratio
- 15.1:1
- District
- Painesville City Local
- Enrollment
- 13
- District
- Painesville City Local
Walkability
Blended score for Painesville Twp's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 9 hr ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.