32
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$120,000
Est. payment /mo
4 Beds
3 Baths
2,910 SqFt
New
554 Eddy RD Cleveland, OH 44108
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,910 sqft
Price per Sqft $41
MLS Listing ID 5142911
Bedrooms 4
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,910
Year Built 1900
Annual Tax Amount $1,224
Tax Year 2024
Lot Size 4,499 Sqft
Acres 0.1033
Property Sub-Type Triplex
Property Description
Investor Special – Turnkey Triplex – Cash Flow + Long-Term Value!
This well-maintained triplex offers three unique units offering solid cash flow and value-add potential. Ideal for buy-and-hold investors seeking a steady return.
1st Floor: Spacious 1 BR/1 BA with 5-room layout (foyer, living, dining, kitchen, large bedroom), $700/mo (month-to-month). Newer carpet.
2nd Floor: 2 BR/1 BA, $675/mo (month-to-month). The tenant pays electricity.
3rd Floor: Loft-style 1 BR/1 BA, vacant. Previously rented at $600/mo; Target rent $625.
Projected cap rate and investor analysis available upon request. Convenient location near schools, shopping, and public transit. Reach out for rent roll and full investor breakdown. 24-hour notice required for showings.
This well-maintained triplex offers three unique units offering solid cash flow and value-add potential. Ideal for buy-and-hold investors seeking a steady return.
1st Floor: Spacious 1 BR/1 BA with 5-room layout (foyer, living, dining, kitchen, large bedroom), $700/mo (month-to-month). Newer carpet.
2nd Floor: 2 BR/1 BA, $675/mo (month-to-month). The tenant pays electricity.
3rd Floor: Loft-style 1 BR/1 BA, vacant. Previously rented at $600/mo; Target rent $625.
Projected cap rate and investor analysis available upon request. Convenient location near schools, shopping, and public transit. Reach out for rent roll and full investor breakdown. 24-hour notice required for showings.
Location
State OH
County Cuyahoga
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air
Cooling Other
Fireplace No
Exterior
Parking Features Driveway
Water Access Desc Public
Roof Type Slate
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Cleveland Municipal - 1809
Others
Tax ID 111-05-014
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Ashley Edwards • Keller Williams Greater Metropolitan • edwards.ashley@kw.com, 216-856-2401
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