942 Eddy Road

Cleveland, OH 44108

$55,000
Last Sold Price
6
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 1/3/25
Closed 1/3/25

Description

This triplex is a fantastic investor special located on Cleveland's East Side, just minutes from I-90 and MLK Blvd. Featuring three units, each with 2 bedrooms and 1 bathroom, this property offers an exceptional opportunity to generate rental income. The first-floor unit is currently cash-flowing, making it an ideal choice for investors looking for immediate returns. With some updates, the remaining units have the potential to boost rental income even further. Located on Cleveland’s East Side, this...This triplex is a fantastic investor special located on Cleveland's East Side, just minutes from I-90 and MLK Blvd. Featuring three units, each with 2 bedrooms and 1 bathroom, this property offers an exceptional opportunity to generate rental income. The first-floor unit is currently cash-flowing, making it an ideal choice for investors looking for immediate returns. With some updates, the remaining units have the potential to boost rental income even further. Located on Cleveland’s East Side, this property is just minutes from I-90 and MLK Blvd, providing easy access to local amenities, schools, parks, and public transportation. The location is prime for future appreciation and growth, with convenient access to major highways. Whether you're a seasoned investor or just starting, this property provides a steady income stream with the potential for future appreciation. Don’t miss out on this incredible opportunity to add a cash-flowing asset to your portfolio.
  1. Listed by Janajah Bragg • DreamTeam Realty, Inc.
    P: (440)-644-0322 C: (440)-644-0322 janajahbragg@gmail.com

Property Details for 942 Eddy Road

Subdivision Name
Adams Realty Cos 04
Has Waterfront
No
LISTING UPDATED: 01/03/2025 11:24 AM

Property Details for 942 Eddy Road

StatusClosed
MLS #5084602
Days on Market52
Taxes$750 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1918
Lot Size0.11 AC / 4,800 SF
CountyCuyahoga County
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Location

Listing Courtesy of DreamTeam Realty, Inc.

Sold By Howard Hanna

Add your commute

Building Information for 942 Eddy Road

Stories-Residences-Year Built1918Building Size-Lot Size0.11 AC / 4,800 SF

Payment Calculator

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$337 per month

30 year fixed, 6.36% Interest

Principal and Interest

$274

Property Taxes

$63

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 942 Eddy Road

Summary
Location and General Information
  • Directions: Keys are only to be uses for 2nd and 3rd floor units. PLEASE lock up after showing! This property is tenant occupied. 1st floor unit will only be shown to buyer with accepted offer!
  • Latitude: 41.531882
  • Longitude: -81.596714
  • Township: Cleveland
Taxes and HOA
  • Parcel Number: 110-12-038
  • Tax Annual Amount: $749.68
  • Tax Legal Description: 373 ADAMS #4 0026 ALL
  • Tax Year: 2023
School Information
  • Elementary School District: Cleveland Municipal - 1809
  • High School District: Cleveland Municipal - 1809
  • Middle or Junior School District: Cleveland Municipal - 1809
Parking
  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Paved, On Street
Property
Lot Information
  • Lot Size Acres: 0.1102
  • Lot Size Area: 0.1102
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Living Area: 0.0
  • Living Area Units: Square Feet
  • Year Built: 1918
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Wood Siding
  • Levels: Three Or More
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Basement: Concrete, Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 3
  • Total Bedrooms: 6
  • Cooling: None
  • Has Cooling: No
  • Heating: Forced Air
  • Has Heating: Yes
  • Main Level Bathrooms: 0
  • Total Rooms: 14
Exterior Features
  • Private Pool: No
  • Roof: Asphalt
Unit Information
Unit 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: No
  • Occupant Type: Vacant
  • Type: Two Bedroom
Unit 2
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: No
  • Occupant Type: Vacant
  • Type: Two Bedroom
Unit 3
  • Actual Rent: $700.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Description: 6 month lease
  • Leased: Yes
  • Lease Expires: 05-31-2025 08:00:00 PM
  • Occupant Type: Occupied
  • Type: Two Bedroom

Property History for 942 Eddy Road

DateEvent & SourcePriceAppreciation
Jan 3, 2025

Sold

MLS Now #5084602

$55,000—
Jan 2, 2025

Contract Signed

MLS Now #5084602

—
Nov 12, 2024

Listed (Active)

MLS Now #5084602

$55,000—
DateEvent & SourcePrice
01/03/2025

Sold

MLS Now #5084602

$55,000
01/02/2025

Contract Signed

MLS Now #5084602

—
11/12/2024

Listed (Active)

MLS Now #5084602

$55,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 942 Eddy Road

Taxable ValueLand$2,210Additions$7,000Total$9,210
Tax Record2021$703 ($59 / month)
Home Facts
Baths3Total Finished SqFt2,400 SqFtAbove Grade Finished SqFt2,400 SqFtUnfinished Basement SqFt1,200 SqFtStories2Lot Size4,800 SqFtStyleTriplexYear Built1918Year Renovated1952Zoning2FCountyCUYAHOGAAPN110-12-038

Schools near 942 Eddy Road

This home is within Cleveland Metropolitan School District.
Rating
School
Type
Grades
Distance
Stephanie Tubbs Jones School
Public - PK to 8
Glenville High School
Public - 9 to 12
Franklin D. Roosevelt School
Public - PK to 9
Mary M Bethune School
Public - PK to 8
Rating
School
Distance
Stephanie Tubbs Jones School
PublicPK to 8

Glenville High School
Public9 to 12

Franklin D. Roosevelt School
PublicPK to 9

Mary M Bethune School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DreamTeam Realty, Inc.

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