9222-26 Madison Avenue, Cleveland, OH 44102

Property Description

Prime Investment Opportunity – 2 Buildings on One Parcel in Madison Area 9222-9224 Madison Ave and 1987-1989 W. 93rd. Seize the chance to own a versatile, income-producing property in the growing Madison area! This unique parcel features two buildings with 4 fully leased residential units and 2 white-box retail spaces ready for your vision. Lead Certification. 9222-24 Madison has 2 units with 3 bedrooms 1 bath. 1987-89 W. 93d has 2 units with 3 bedrooms and 1.5 baths. ADT security system in retail space. Current Annual Rental Income: $52,800 from residential tenants Additional Retail Potential: Two vacant retail units can easily generate $1,600+ per month once leased Value-Add Opportunity: Adjacent lots available through the Cuyahoga Land Bank at a minimal cost – expand, redevelop, or create additional parking Prime Location: High-visibility area with strong foot and vehicle traffic Endless Possibilities: Ideal for an investor looking to increase income, a developer seeking a multi-use project, or an owner-occupant ready to put their business front and center With solid residential income already in place and retail spaces ready for tenants, this property offers immediate cash flow with room to grow. Call today to schedule a showing and explore the potential!

Listing Status:

Active

Listing Office:

Home Suite Home Property Management : 216-862-1005

Listing Agent:

Lori A Peterson : 216-288-9263

MLS ID:

5147097

Interior

• Basement: Unfinished
• A/C: None
• Heating: Forced AirGas

Exterior

• Parking: AssignedPavedOn StreetParking spaces: 1

Construction

• Roofing: Flat
• General: 2

Location

• Originating MLS: NOWDD_NORM
• School District: Cleveland Municipal - 1809
• County: Cuyahoga

Lot

• Zoning: 001-30-021
• Fencing: Chain Link

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: NOWDD_NORM

This listing courtesy of Lori A Peterson, Home Suite Home Property Management