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Listed price in listed location currency (USD).
$219,000

420

MLS® 5233677

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 1900 sqft
Garage 
Taxes $3,863
Days Active 18
Lot Size 0.1148 Acres
Approx. Age 1900
Avg. Price Per Sqft $115
MLS® Number 5233677

Property Address: 5810 Madison Ave, Cleveland, OH, 44102-4352

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number5233677
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementCommon Basement, Full, Unfinished
DrivewayDriveway, Paved
Garage Spaces
HeatForced Air
A/CCeiling Fans, Wall Window Units

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $219,000 and $315,000.
Similar properties in this area sold on average for: $282,729
Expected to sell in 24 days. Similar properties sold in 42 days. This home has been on Zoocasa for 18 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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