Address
6901 Madison Avenue, Cleveland, OH
Price
$ 549,000
Property Attributes
  • MLS#5034953
  • TypeMulti-Family
  • CountyCUYAHOGA
  • CityCleveland
  • NeighborhoodElwell-Marvins
  • Zip44102
  • Style
  • Year Built1890
  • Taxes$ 2782
  • Price$ 549,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3164
  • Lot Size0.1139 Acres
Data Source:
MLSNow
Property Description

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.

Price History
5/8/2024 Listed $549,000

General Features

Sewer 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
OwnerPays Sewer,Water
County Cuyahoga
New Construction No
Property Type ResidentialIncome
HOA / Comm Assn No
Attached Garage No
Subdivision Name Elwell-Marvins
Facing Direction North
Garage Y/N No
Total Rooms 16
Status Active
Directions West of 65th
ModificationTimestamp 2024-05-10T20:09:01.313-00:00
City Cleveland
Disclosures PrincipalisRealEstateLicensed
View Y/N No
Senior Community Y/N No
High School District Cleveland Municipal - 1809
Lot Size Units Acres
Waterfront Y/N No
Carport Y/N No
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2782.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 2
Living Area Units SquareFeet
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
MobileHomeRemainsYN No
Legal Description 33 E&M 0017 ALL

Interior Features

Basement Full,Unfinished
Total Stories 2
Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 3164.0
Full Baths 4
Laundry Features InUnit
Total Bedrooms 8
Electric On Property Y/N No
Above Grade Finished Area Source Assessor
Total Baths 4

Exterior Features

Parking Features Unpaved
Water Source Public
Lot Size Area 0.1139
Number of Buildings 1
Spa No
Lot Size Acres 0.1139
Lot Size Source Assessor
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 44102

Price
AVG $300K
$550K
Taxes
AVG $2,680
$2,782
Visits
AVG 150
217
Data Provided by Inside Real Estate®
Year Built
AVG 1910
1890

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