1456 W 110th St | Cleveland, OH 44102
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- LoopNet Team
1456 W 110th St
Cleveland, OH 44102
Multifamily Property For Sale
·
11 Units
Investment Highlights
- Offering Site: https://themars.sharplaunch.com/
- 75% of units remodeled
- Walking distance to Edgewater Park and Lakewood’s Gold Coast
- Major recent capital improvements – roof (2019), parking lot (2019), electrical system (2021), hot water tanks (2021 & 2023), and gutter system (2023)
- Over $16,000 of annual revenue upside potential through renovating remaining units
- Within 15 minutes of 3 Major Hospitals – Cleveland Clinic Lakewood Health Center & Cleveland Clinic Fairview Hospital, and MetroHealth Medical Center
Property Facts
| No. Units | 11 | Building Size | 11,554 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1925 |
| Building Class | C | Parking Ratio | 1.04/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | Multi-Family | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 11,554 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1925 |
| Parking Ratio | 1.04/1,000 SF |
| Zoning | Multi-Family |
Amenities
Unit Amenities
- Dishwasher
- Ceiling Fans
- Granite Countertops
- Stainless Steel Appliances
- Vinyl Flooring
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $1,025 | 850 |
| 3+1 | 1 | $1,050 | 2,204 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $235,165 | |
| Land Assessment | $27,580 | Total Assessment | $262,745 |
Property Taxes
Parcel Numbers
Land Assessment
$27,580
Improvements Assessment
$235,165
Total Assessment
$262,745
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