6901 Madison Avenue
Cleveland, OH, 44102 $ 549,000
Bedrooms8 Baths4.0 Sq 3,164 Monthly Estimate*
$ 3,649
for $549,000 with 8 bedrooms and 4 full baths. This 3,164 square foot home was built in 1890 on a lot size of 0.1139.
Looking to grow your rental portfolio, look no further! Completely Turnkey Quadraplex in Eco Village. A unique mix of longer term traditional rent and Short term/Mid term tenants offer a steady income stream, with a ton of upside. All 4 units were completely remodeled, consisting of maple cabinetry, granite counters, exposed brick, stainless steel appliances, in unit laundry, smart thermostats, mix of vinyl plank flooring, wifi accessible, Central Air system, and much more. Units 3-4 come fully furnished, with future bookings in place through August. Smart camera system in place along with digital locks on the front entrance. All major mechanicals, roof, windows, plumbing, electrical 100% replaced. Dedicated HVAC systems for each unit. Sub-Water meters placed on each unit, not currently active, but can allow future owner to monitor water usage per unit. Gated parking lot in the back with 4 dedicated spots, along with electric car charger plug ins. All furnishing, security cameras, Appliances, convey. Call for additional questions. Property is zoned commercial, so verify with lender for financing options.
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FeaturesGeneralSewer PublicSewer
Heating ForcedAir Gas
Cooling CentralAir
Possession Other
Roof Asphalt Fiberglass
Appliances Dryer Dishwasher Microwave Range Washer
Garage Spaces 0.0
Security Features SecuritySystem
Construction Materials AluminumSiding VinylSiding
Year Built 1890
Stories 2
Township Cleveland
Levels Two
Property SubType Quadruplex
Tax Year 2023
County Cuyahoga
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Subdivision Name Elwell-Marvins
Facing Direction North
Garage Y/N N
Total Rooms 16
Status Active
Directions West of 65th
City Cleveland
Disclosures PrincipalisRealEstateLicensed
View Y/N N
Senior Community Y/N N
High School District Cleveland Municipal - 1809
Waterfront Y/N N
Carport Y/N N
Street Name Madison
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2782.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 2
Standard Status Active
Middle/Junior School District Cleveland Municipal - 1809
Elementary School District Cleveland Municipal - 1809
Year Built Source PublicRecords
Property Sub Type Additional Quadruplex
Legal Description 33 E&M 0017 ALL
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InteriorBasement Full Unfinished
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 3164.0
Full Baths 4
Half Baths 0
Street Suffix Avenue
Laundry Features InUnit
Total Bedrooms 8
Electric On Property Y/N N
Main Level Bathrooms 0
Above Grade Finished Area Source Assessor
Total Baths 4
Living Area Units SquareFeet
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ExteriorParking Features Unpaved
Water Source Public
Lot Size Area 0.1139
Number of Buildings 1
Spa N
Lot Size Acres 0.1139
Lot Size Units Acres
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByMichael L AnterListing Agent
Jamm Real Estate Co.Broker
michaelanter22@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,649
- Monthly Property Taxes
- $232
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Cleveland, OH
Average List Price $162,491
Percent of Sale Price 70%
About Cleveland, OH 372,504 Population
-22% Since 2002
$ 27,719 Median Income
37.02 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4457612 Elementary School
4457721 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/8/2024 | $549,000 | | Listed Price |