Last Updated: 2/27/2017 9:38 PM
Description for 8603 Madison Ave Cleveland, OH 44102
Attention Investors! This Apartment and Retail/Office Duo is situated on a High Traffic Street. There are 4 Residential Units on the 2nd Floor and Two Retail Storefronts on the Ground Level. First Floor Units can also be converted to Offices. Do Not Miss Out on an Opportunity For Endless Possibilities. Call for your Personal Showing and the Creativity to Begin! Brick & Sided building, remodeled, newer windows, roof, repaired parking lot, replaced windows, all new carpeting & ceramic tiles in apts, new 2 hot water tanks, new pipes in basement, new outsides steps, sided two exterior walls, freshly painted interior. 4 Apts & 2 store fronts, secured six car garage with fenced yard. All are rented, makes it a easy investment. All apartment units have stove and refrigerator, there's a coined washer and dryer in the building...All apartments are rented. Potential income of $3,100 per month. Possible Short Sale
Public Water Service
Exterior / Lot Features
6 Parking Spaces, Assigned Parking Space
Current market conditions for 8603 Madison Ave
Active Market Trends
Median list price$65,000
Days on market120
Properties for sale1,033
Sold Market Trends
Median sold price$55,750
Sales to list price9,502.0%
Median sq ft price$47
Arrows indicate 90 day trend
Listing Price History for 8603 Madison Ave
Cleveland Real Estate
Cleveland is located in Ohio. Cleveland, Ohio 44102 has a population of 388,072.
The median household income in Cleveland, Ohio 44102 is $26,179. The median household income for the surrounding county is $44,203 compared to the national median of $53,482. The median age of people living in Cleveland 44102 is 35.9 years.
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