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5810 Madison Avenue, Cleveland, OH 44102

$229,000
  • 5810 Madison Avenue, Cleveland, OH 44102 Main Photo
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New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,900 MLS#5233677
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONJames M Hoyts SCHOOLCleveland Municipal - 1809

Property Description

House hack opportunity! This updated duplex is the perfect opportunity for an owner occupant or investor looking to add a turn key property to their portfolio. Each unit offers 2 bedrooms, 1 full bathroom, and a bonus room that's perfect for a home office, nursery, playroom, or additional storage. The upstairs unit has been completely refreshed with brand new carpet, fresh paint, updated LED lighting, and a beautifully remodeled bathroom featuring a brand new tub and tiled tub surround. It's move-in ready for an owner occupant or ready to lease immediately. The lower unit is occupied by a long-term, month to month tenant paying $1,000 per month (currently below market rent), providing immediate rental income with room for future upside. Gas and electric are separately metered with tenants paying their own utilities, while the owner currently pays water and sewer. All kitchen appliances are included in both units, along with one washer and dryer set in the basement. Private entrances and a home warranty included complete this turnkey opportunity. Located in Cleveland's sought-after Detroit Shoreway neighborhood, this property is surrounded by ongoing investment and redevelopment while remaining close to restaurants, shopping, parks, and downtown Cleveland. With new residential developments nearby and continued growth throughout the area, this is an excellent opportunity for both owner occupants and investors alike.

5810 Madison Avenue | MLS# 5233677

This multi-family property located at 5810 Madison Avenue, Cleveland, OH 44102 is currently listed for sale with an asking price of $229,000. Madison Avenue is located within the Cleveland Municipal - 1809 school district. Search Cleveland real estate on www.dehoff.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Common Basement, Full, Unfinished
Cooling: Ceiling Fan(s), Wall/Window Unit(s)
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $3,863 / year
Year Built: 1900

Feature Descriptions

Days on Site: 1
Exterior: Vinyl Siding
Laundry: Common Area, Lower Level
Parcel#: 002-28-074
Parking: Driveway, Paved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Cleveland Municipal - 1809

Listed By / Shown By

Listed By

Agency Name: Century 21 DeAnna Realty
Agency Phone: 440-731-8070

Shown By

Agency Title: DeHOFF REALTORS
Agency Phone: 330-499-8153

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Estimated Payment

$ 1,400.35 per month $1,011.64 Principal & Interest $321.92 Property Tax $66.79 Homeowner's Insurance

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