13328 Emily St | East Cleveland, OH 44112
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- LoopNet Team
13328 Emily St
East Cleveland, OH 44112
EMILY STREET APARTMENTS · Multifamily Property For Sale
·
7 Units
INVESTMENT HIGHLIGHTS
- 7 Recently Cosmetically Refreshed Suites
- Value Add opportunity to submeter Heat to improve Gross Income
- Ideal Location near several large development projects, the RTA train and shopping and amenities.
- 11.15% Projected Cap w/8% Management and Real Estate Tax Adjustment
- Ideal for the Section 8 Rental program providing “Guaranteed” Rent, Stable & Reliable Tenant Base with Tremendous Upside
PROPERTY FACTS
| No. Units | 7 | Building Size | 4,410 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1928/2023 |
| Lot Size | 0.12 AC | ||
| Zoning | U3 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.12 AC |
| Building Size | 4,410 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1928/2023 |
| Zoning | U3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | $662.50 | - |
| 2+1 | 1 | $862.50 | - |
PROPERTY TAXES
| Parcel Number | 672-09-010 | Improvements Assessment | $44,520 |
| Land Assessment | $2,730 | Total Assessment | $47,250 |
PROPERTY TAXES
Parcel Number
672-09-010
Land Assessment
$2,730
Improvements Assessment
$44,520
Total Assessment
$47,250
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