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Key Details
Sold Price $138,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,580 sqft
Price per Sqft $53
Subdivision Eastway Colony Estate
MLS Listing ID 5163102
Sold Date 12/04/25
Bedrooms 5
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,580
Year Built 1928
Annual Tax Amount $2,558
Tax Year 2024
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Triplex
Property Description
Three Unit Income Property in Cleveland's East Side, featuring two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. Two of the three units are currently occupied month-to-month, providing immediate income with flexibility for future plans.
Each unit offers functional layouts, separate utilities, and comfortable living space. Conveniently located near public transportation, shopping, dining, and major roadways, making it an ideal addition to any investment portfolio.
A great opportunity for investors or an owner-occupant looking to live in one unit and rent the others.
Cap rate based on current rent roll and estimated expenses. Buyer to verify all income and expenses independently.
Pro-forma cap rate of 20.72% ($2590*10/$125,000) Current 13.52%.
Location
State OH
County Cuyahoga
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features No Garage
View Y/N Yes
Water Access Desc Public
View City
Roof Type Asphalt,Fiberglass,Shingle
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two, Three Or More
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 113-14-037
Financing Conventional
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Bought with Jahangir Hasanov • RE/MAX Above & Beyond
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