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1875 Perth Road, Madison
$342,400
8 Beds ⋅ 3 Baths ⋅ 5245872 MLS
$6,000 SELLER CREDIT with closing by December 15! Use it toward a rate buydown, closing costs or prepaids. OPPORTUNITY KNOCKS in Madison. This fully furnished 8-bedroom, 3-full-bath home has TWO full kitchens, TWO living rooms and a bonus first-floor office. The flexible layout suits a recovery home, group home, shared housing, foster care, nonprofit or mentorship program, or multigenerational living, with 4 bedrooms, a full bath, laundry and the office on the first floor. THE NUMBERS: At up to $700 per bed, 8 beds could gross about $5,600/month. With 20% down at 6.5%, estimated P&I is about $1,745/month. Add taxes of $4,225/yr (about $352/mo) and estimated insurance near $200/mo, for a total payment around $2,300/month. After an estimated 45% for vacancy, utilities, taxes, insurance and upkeep, that is roughly a 10% cap rate. Also a fit for furnished short, mid or long-term rentals. Located in Northeast Ohio's Lake Erie and Grand River Valley wine country, near wineries, Lake Erie recreation, parks, Geneva-on-the-Lake and SPIRE Institute. All figures are estimates. Rents, rates, insurance and occupancy limits vary. Buyers to verify all numbers and complete their own due diligence on requirements for their intended use. FULLY FURNISHED and ready for your vision!

1875 Perth Road, Madison

6143 Campbell Drive, Madison
$215,000
3 Beds ⋅ 2 Baths ⋅ 5250979 MLS
Looking for single-floor living with room to spread out? This 3-bedroom, 1.5-bath ranch at 6143 N Campbell Dr in Madison offers a functional layout, two separate living spaces, and a fenced backyard on a 0.34-acre lot near Madison Golf Course. Step inside to a bright living room featuring hardwood flooring and a large picture window that fills the space with natural light. Just beyond, the spacious family room provides a second gathering area, complete with a wood-burning fireplace and sliding glass doors leading to the back patio. The two distinct living areas offer flexibility for entertaining, relaxing, hobbies, or creating a dedicated workspace. Whether hosting a gathering or enjoying a quiet evening by the fireplace, there's room for a variety of activities. Outdoors, the fenced backyard provides space for gardening, grilling, recreation, or simply enjoying time on the patio. The generous lot offers plenty of usable outdoor space without the upkeep of a much larger property. With its single-story floor plan, multiple gathering areas, hardwood flooring, fireplace, and convenient access to the backyard, this Madison ranch offers a practical combination of indoor and outdoor living. Bring your ideas and explore the possibilities of making this property your own!

6143 Campbell Drive, Madison

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