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ActiveUnderContract

Buy a multi-family propertyat 1554 Eddington Road, East Cleveland, OH 44118

$275,000

$290,000 (-5.17%)

$0/mo

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Residential

2,740 Sq. Ft.

5,240 Sq. Ft. lot

8 Bedrooms

3 Bathrooms

340 Days on market

4465763 MLS ID

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About 1554 Eddington Road multi-family property

Calling all real estate investors! You don't miss the opportunity to own this outstanding Triplex loaded with characteristic architectural detail blended with today's modern aesthetic and SO many updates & improvements throughout. The first and second floor are identical units featuring a renovated Kitchen with new cabinetry, new countertops, and luxury vinyl flooring. Both units have a designated Dining Room and Spacious Living Room that offers access to a private porch / balcony, along with 3 Bedrooms, and an updated Full Bathroom. You'll be impressed by the Third Floor suite which is all new and has a delightfully flexible floor plan. This unit also offers an updated kitchen area, renovated full bathroom with step in shower, and 2 large Bedrooms / Bonus Rooms all with vaulted ceilings. Separate dedicated washer / dryer hookups for all 3 units can be found in the unfinished basement as well as additional storage space. There is a 2-car detached garage. New roof and 3 new hot water tanks in 2022. Many of the windows throughout the home were replaced in 2020 & window blinds have been added throughout. The exterior was painted in 2021 and new exterior lighting has been installed. This home is fully occupied with leases in place. Tenants pay all utilities including water & sewer! Close proximity to Downtown Cleveland, the Cleveland Clinic, University Circle, Case Western Reserve University & ALL that Cleveland has to offer!
Calling all real estate investors! You don't miss the opportunity to own this outstanding Triplex loaded with characteristic architectural detail blended with today's modern aesthetic and SO many updates & improvements throughout. The first and second floor are identical units featuring a renovated Kitchen with new cabinetry, new countertops, and luxury vinyl flooring. Both units have a designated Dining Room and Spacious Living Room that offers access to a private porch / balcony, along with 3 Bedrooms, and an updated Full Bathroom. You'll be impressed by the Third Floor suite which is all new and has a delightfully flexible floor plan. This unit also offers an updated kitchen area, renovated full bathroom with step in shower, and 2 large Bedrooms / Bonus Rooms all with vaulted ceilings. Separate dedicated washer / dryer hookups for all 3 units can be found in the unfinished basement as well as additional storage space. There is a 2-car detached garage. New roof and 3 new hot water tanks in 2022. Many of the windows throughout the home were replaced in 2020 & window blinds have been added throughout. The exterior was painted in 2021 and new exterior lighting has been installed. This home is fully occupied with leases in place. Tenants pay all utilities including water & sewer! Close proximity to Downtown Cleveland, the Cleveland Clinic, University Circle, Case Western Reserve University & ALL that Cleveland has to offer!

Property details

Bathrooms

3 full bathrooms

3 total bathrooms

Bedrooms

8 total bedrooms

Building

Built in 1922

Construction materials: AluminumSiding

1 building

2

2 total stories

Toal building area: 2740

Exterior Features

PavedDriveway

Garage

2 garage spaces

Heating

Baseboard

ForcedAir

Gas

Laundry

CommonArea

Listing

Listing ID: 4465763

Standard status: ActiveUnderContract

59 days on market

3 toal units

Location

Subdivision name: Coventry-Mayfield Land Cos Su

Lot

0.1203 acres

Parking

Detached

Garage

Roof

Asphalt

Fiberglass

Sewer

PublicSewer

Tenant Pays

AllUtilities

Electricity

Gas

Sewer

Water

Monthly cost

Estimated monthly cost

$1,936/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$258,500

+$8,250

$266,750

Seller agent commission$8,250 (3%)*

$0 (0%)

Buyer agent commission$8,250 (3%)*

$8,250 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $8,250 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: May 15, 2024 at 11:14 p.m.

Data updated: Aug 8, 2023 at 12:03 p.m.

Courtesy of HomeSmart Real Estate Momentum LLC and Megan L Samuels
Listings last updated 08/08/2023. Some properties which appear for sale on this website may subsequently have sold and may no longer be available.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Yes-MLS. Real estate listings held by brokerage firms other than 222 W Merchandise Mart Plaza #1212, Chicago, IL 60654 are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing broker(s). Information is deemed reliable but not guaranteed.
Listing Information © 2024 Yes-MLS, Inc. All rights reserved.

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