Price Reduced Listing
Two-story residence featuring light-toned horizontal siding, a gabled roofline with decorative paneling, and multiple windows with dark shutters
Two-story residence with light-colored siding, a dark shingle roof, and dark window shutters
Two-story residence featuring light-colored siding, a dark shingle roof, and dark window shutters
Detached garage with horizontal siding, a single panel garage door, and an asphalt driveway
Kitchen featuring wood-finish cabinetry, dark countertops, stainless steel appliances, and wood-finish flooring
Wood-finish cabinetry with crown molding, stainless steel dishwasher, stainless steel sink with a gooseneck faucet, and wood-finish flooring
Galley kitchen featuring wood-finish cabinetry, dark countertops, wood-finish flooring, a ceiling-mounted light fixture, and a window with blinds
Wood-finish cabinetry with glass-front accents, stainless steel dishwasher, and a black gas range
Open-concept living and dining area featuring wood-finish flooring, multiple windows, and recessed lighting
Wood-finish flooring throughout, light neutral wall paint, white trim, and two paneled interior doors
Wood-finish flooring, neutral wall paint, and a built-in window with white blinds
Wood-finish flooring throughout the living space, paired with light neutral wall tones
Wood-finish flooring throughout, multiple windows with white trim, and neutral paint
Wood-finish flooring, neutral wall paint, and a white framed window
Wood-finish flooring with neutral wall tones and a window with white trim
Open-concept living area featuring wood-finish flooring, recessed lighting, and ample natural light from multiple windows
Built-in vanity with an integrated sink, a rectangular mirror, and a stone-finish countertop
Tiled bathroom featuring a white toilet, wood-finish flooring, and a single-piece shower with an integrated seat
Recessed ceiling with a modern ceiling fan and light fixture
Hallway with wood-finish flooring, light gray walls, and white trim
Recessed ceiling light fixture, wood-finish flooring, and a window with white trim
Wood-finish flooring with white walls and a white ceiling
Wood-finish flooring with white trim, light gray painted walls, and a sliding door
Wood-finish flooring throughout
Utility room featuring wood-finish flooring, wall-mounted cabinetry, and a utility sink
Spacious living area featuring wood-finish flooring, a textured ceiling, and a built-in entertainment console
Wood-finish flooring, light gray wall tones, and a white beadboard ceiling
Wood-finish flooring with neutral wall paint and a flush-mount ceiling light
Spacious closet with built-in shelving, complemented by wood-finish flooring
Integrated bathtub and shower combination with white surround, vanity with dark countertop, undermount sink, and a framed rectangular mirror
Stainless steel refrigerator, gray shaker-style cabinetry, wood-finish flooring, recessed lighting, and a built-in dishwasher
Kitchen featuring wood-finish flooring, gray cabinetry, built-in microwave, and a white gas range
Wood-finish flooring, white paneled door with window inserts, white built-in cabinetry, and ceiling-mounted light fixture
Wood-finish flooring throughout, with a built-in pantry cabinet and overhead lighting
Hardwood-finish flooring, neutral wall paint, and a semi-flush mount ceiling light fixture
Wood-finish flooring with built-in storage cabinets
White shower surround, single vanity with light-toned countertop, beadboard wall paneling, and a three-light vanity fixture
Wood-finish flooring throughout
Wood-finish flooring throughout, with white trim and a neutral wall color
Wood-finish flooring, white trim, and light gray wall paint
Wood-finish flooring throughout, vaulted ceiling, and recessed lighting
Multi-level exterior with horizontal siding, featuring a covered carport, wood-finish exterior stairs, and multiple entry points
Two-story exterior with horizontal siding, covered entry, ground-level deck, and paved driveway
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Aerial perspective capturing a residential neighborhood with extensive tree coverage and a prominent body of water in the background
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Description
$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!
Details
| MLS # | 5245872 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 43 |
| Listing Provided By | RE/MAX Transitions | Kit Custer |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,169 |
| Garage | 2 |
| Story(s) | 2 |
| Acreage | 0.26 |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Detached, Garage |
Taxes
| Tax Annual Amount | 4225 |
|---|
Area Information
| State | OH |
|---|---|
| County | Lake |
| City | Madison |
| Zip Code | 44057 |
| Community Name | Madison Golf Lakelands |
| Listing VS Median (in Madison Golf Lakelands) | |
Price: $342,400 low | high Med: $215,000 sqft: 3,169 low | high Med: 1,411 $ / sqft: $108 low | high Med: $152 On site: 43 low | high Med: 23 | |
Market Activity 44057
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Learn More About This Property
| State | OH |
|---|---|
| County | Lake |
| City | Madison |
| Zip Code | 44057 |
| Community Name | Madison Golf Lakelands |
| Listing VS Median (in Madison Golf Lakelands) | |
Price: $342,400 low | high Med: $215,000 sqft: 3,169 low | high Med: 1,411 $ / sqft: $108 low | high Med: $152 On site: 43 low | high Med: 23 | |
Listing Updated: October 30, 2026 at 1:24:49 PM PDT