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2646 Hubbard Road, Madison, OH 44057

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For Sale

$300,000

0.92 acres

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 0.9 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Marquee location. FIVE unit rental opportunity in Madison Twp. Adjacent a major intersection on Rt 20 and Hubbard Road, this mixed unit, combined offering is an opportunity for aggressive portfolio expansion. Two parcels/ buildings offered together. A total of .92 acres near major traffic corner. Amazing opportunity to retro-fit and update the building, redesign the layouts, or even plan as a REDEVELOPMENT SITE with even stronger income potential. Large parking lot area with up to 18 spaces. The commercial building currently offers 4 units and a total space of 8400 square feet, with separate gas and electric. Owner pays for unified water/ sewer with the county, then historically collected on a pro-rata of usage from tenants. Residence is a three bed, one bath vintage home and garage. Extra service parking, shed for the commercial building, and single garage for the residence. Creative business owners and developers have the vision. Rare opportunity here. Rehab, rent, and hold for cash flow! Make plans for a future redevelopment of the total site.
MLS# 5139823

Courtesy Of Keller Williams Realty Greater Cleveland Northeast

(440) 255-5500

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Forced Air
  • Lot Size
    0.92 Acres

Map and Directions

Directions to 2646 Hubbard Road, Madison, OH 44057
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