5816 Madison new Save Request In-Person Tour Request Virtual Tour
Cleveland,OH 44102
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5146476
Bedrooms 4
Full Baths 2
Year Built 1900
Annual Tax Amount $4,849
Tax Year 2024
Lot Size 5,009 Sqft
Property Sub-Type Duplex
Property Description
Welcome to 5816 Madison Ave, an updated duplex with long-term upside potential, whether you are an investor or an owner occupant looking for rental income to offset your mortgage. This solid property features two well-maintained units, each currently leased - the downstairs at $994 and the upstairs at $1,030/month. Upgrades include vinyl plank flooring, updated cabinetry, and baths. First floor unit includes a separate dining room. Second floor unit includes a very large walk-in closet. Updated roof. Deep lot, grassy and tree-shaded with fenced-in side and back yards and 4 parking spots. Located on a quiet street with new development in a desirable neighborhood with easy access to transit, shopping, and local amenities. Professional property management in place. Don't let this opportunity pass you by!
Location
State OH
County Cuyahoga
Interior
Heating Forced Air,Gas
Cooling None
Laundry In Basement
Exterior
Parking Features No Garage,None,Off Street,Parking Pad
Garage Spaces 4.0
Garage Description 4.0
Fence Chain Link,Full,Wood
Roof Type Asphalt,Fiberglass
Building
Story 2
Sewer Public Sewer
Water Public
Schools
School District Cleveland Municipal - 1809
Others
Acceptable Financing Cash,Conventional,FHA
Listing Terms Cash,Conventional,FHA