15711 Grovewood, Cleveland, OH 44110
- $138,000
- 5
- BD
- 3
- BA
- 2,580
- SqFt
- Sold Price
- $138,000
- List Price
- $125,000
- Status
- CLOSED
- Stories
- 3
- MLS#
- 5163102
- Year Built
- 1928
- Closing Date
- Dec 04, 2025
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2,580
- Region
- Cleveland
- Township
- Cleveland
- Subdivision / Building
- Eastway Colony Estate
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%.
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Additional Information
- Taxes
- $2,558
- Acres
- 0.09
- Sewer
- Public Sewer
- View
- City
- Roof
- Asphalt, Fiberglass, Shingle
- Water
- Public
- Heating
- Forced Air
- Cooling
- None
- School District
- Cleveland Municipal - 1809
Mortgage Calculator
Listing Courtesy of: Shoshana Socher, shoshana@thesocherteam.com With Keller Williams Greater Metropolitan
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