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Listed price in listed location currency (USD).
$342,400

832

MLS® 5245872

Overview

Key Facts

Type Single Family Residence
Levels Residential
Size 3169 sqft
Garage Yes
Taxes $4,225
Days Active 27
Lot Size 0.2583 Acres
Approx. Age 1950
Avg. Price Per Sqft $108
MLS® Number 5245872

Property Address: 1875 Perth Rd, Madison, OH, 44057-1840

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

Description

$6, 000 SELLER CREDIT with closing by December 15! Use it toward a rate buydown, closing costs or prepaids. OPPORTUNITY KNOCKS in Madison. This fully furnished 8-bedroom, 3-full-bath home has TWO full kitchens, TWO living rooms and a bonus first-floor office. The flexible layout suits a recovery home, group home, shared housing, foster care, nonprofit or mentorship program, or multigenerational living, with 4 bedrooms, a full bath, laundry and the office on the first floor. THE NUMBERS: At up to $700 per bed, 8 beds could gross about $5, 600/month. With 20% down at 6.5%, estimated P&I is about $1, 745/month. Add taxes of $4, 225/yr (about $352/mo) and estimated insurance near $200/mo, for a total payment around $2, 300/month. After an estimated 45% for vacancy, utilities, taxes, insurance and upkeep, that is roughly a 10% cap rate. Also a fit for furnished short, mid or long-term rentals. Located in Northeast Ohio's Lake Erie and Grand River Valley wine country, near wineries, Lake Erie recreation, parks, Geneva-on-the-Lake and SPIRE Institute. All figures are estimates. Rents, rates, insurance and occupancy limits vary. Buyers to verify all numbers and complete their own due diligence on requirements for their intended use. FULLY FURNISHED and ready for your vision!
MLS® Number5245872
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1950
Basement
DrivewayDetached, Garage
Garage Spaces
HeatForced Air, Gas, Hot Water, Steam
A/CCentral Air

Extras

Rooms

Kitchen:Second FloorND x ND

Price History

Last Sold Price

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Appreciation

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Avg. Days Listed

58 days

Today, For Sale for $342,400

Two-story residence featuring light-toned horizontal siding, a gabled roofline with decorative paneling, and multiple windows with dark shutters
For Sale · 58 days

$342,400

MLS® 5245872

2 months ago

Not Sold Yet

September 2026, For Sale for $342,400

Two-story residence featuring light-toned horizontal siding, a gabled roofline with decorative paneling, and multiple windows with dark shutters
For Sale · 58 days

$342,400

MLS® 5245872

2 months ago

Not Sold Yet

  • Sep 18, 2026, For Sale for $350,000

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