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About This Home

This 5-bedroom, 3-bathroom residential multi family at 1602 Hillcrest Road in East Cleveland, OH is listed for $145,000 ($32 per sqft). Built in 1919, the home offers 4,529 sqft of living space on a 0.11 acres lot.

Agent Description

Amazing opportunity for a fully occupied, remodeled triplex on the Cleveland Heights border. Many updates, including newer breaker boxes, newer H2O tanks, Newer furnaces, freshly seal-coated driveway, plus more. All separate utilities, tenants pay their own electric and gas, owner pays water and sewer. 2nd floor tenant has been there 10 years and rent could be raised. Will be city point of sale violation-free. Over 11 cap rate at current rent, and room to grow.

Key Features

  • Built in 1919
  • 0.11 acre lot
  • 3 stories

Property Details

3 stories
3 full
1919

Amenities

View

Monthly Cost Estimate

$775/mo

20% down · 6.5% · 30 years

Principal$105
Interest$628
Insurance$42

Estimates only. Actual payments may vary.

Location

1602 Hillcrest Road

East Cleveland, OH 44118

Features & Amenities

Exterior Features

PrivateYard

Property Details

Construction

Frame WoodSiding

Views

City

Parking

Off StreetGarage

Heating

Forced Air

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 1602 Hillcrest Road is listed at $145,000 ($32/sqft). The estimated monthly payment is $628 based on 20% down at 6.5% interest.

Key features include: Built in 1919, 0.11 acre lot, 3 stories. Exterior Features: PrivateYard.

This property is listed by Daniel A Perelman and can be reached at 2167800413 or dandantherealestateman@gmail.com.

DP

Daniel A Perelman

Agent at Platinum Real Estate

(216) 780-0413

Listed by Platinum Real Estate · View on Broker Site

MLS# 5165597· Source: listhub· Updated 228 days ago

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1602 Hillcrest Road, East Cleveland, OH 44118

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