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1862 E 81st St
Cleveland, OH 44103
Multifamily Property For Sale
·
10 Units
Investment Highlights
- 10 Units | 100% 1BR
- 2 Subsidized Units with Potential to Accommodate More
- Lead Certification through 2027 with Credit $750 per Unit | $7,500 annually (other income)
- Value-Add Repositioning Opportunity — 7 of 9 occupied units are on month-to-month leases with immediate ability to increase rents
Property Facts
| No. Units | 10 | Building Size | 9,336 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1900/2024 |
| Building Class | C | Parking Ratio | 0.64/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | R-1 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 9,336 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2024 |
| Parking Ratio | 0.64/1,000 SF |
| Zoning | R-1 |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Kitchen
- Oven
- Range
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
Property Taxes
| Parcel Number | 119-01-030 | Improvements Assessment | $193,165 |
| Land Assessment | $2,835 | Total Assessment | $196,000 |
Property Taxes
Parcel Number
119-01-030
Land Assessment
$2,835
Improvements Assessment
$193,165
Total Assessment
$196,000
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