www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30856926
30856927

Colonnade Rd, Cleveland, OH 44112

CP
For Sale By Owner
SecuRealestate | The Teamwork Companies
Listed by SecuRealestate | The Teamwork Companies
$205,000
88 days on market
Updated 86 days ago

Great Investment Turnkey Triplex (Colonnade)

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Units 3
Cap Rate 12.60%
Sale Condition For sale by owner

Multifamily

Marketing description

We make investing in rental properties simple, profitable, and hassle-free.

Property Highlights

  • 5 Bed / 3 Bath Triplex

  • Rent: $2,550/month

  • Gross: $30,600/annually

  • Taxes: $1,095.22/annually (pulled directly off county)

  • Insurance: $1000/annually EST

  • Water/Sewer: $2,700/annually EST

  • Net: $25,804.78/annually

  • Retail Price: $205,000

  • Cap: 12.6%

What We Provide:
✔ Acquire distressed properties with strong potential
✔ Rehab to CMHA standards for inspection approval
✔ Place subsidized tenants (Section 8 / HUD VASH / Eden)
✔ Full-service property management on your behalf
✔ Dedicated in-house liaison between you and your rental income
✔ 6-month warranty on all purchases (from lease start date)
✔ Ongoing maintenance, landscaping, and more

Let us handle the work so you can focus on the returns.

This Triplex is currently being renovated and will be turnkey in around 120-150 days upon purchase and CMHA Tenants (Subsidized) will be placed (could possibly be sooner) ! We also offer a 6 month warranty on our homes as well!

Listing Contacts

CP
For Sale By Owner
SecuRealestate | The Teamwork Companies
Listed by SecuRealestate | The Teamwork Companies

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591